The cost of living and housing market in the US have significantly increased over the last 25 years. A GOBankingRates study shows that the average home sale price in 2000 was $375,461, but by 2024, it jumped to $526,993 in today’s dollars, a $150,000+ increase. Could it reach $678,525 by 2050?

The study analyzed national average home sale prices from 1963 to 2024, showing a steady rise in prices. In 2000, the average price was $375,461, increasing to $526,993 by 2024. The trend raises questions about future home prices, potentially hitting $678,525 by 2050. Explore more at GOBankingRates Original Research Center.

Read more at Yahoo Finance: What an Average Home Has Cost Since 2000