Graham Stephan, relaying another source: Median house price — around $394,000

The window it was checked over

Median sales price of houses sold: U.S. Census Bureau and HUD via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

rate match the 1990 level that's expected to generate many more sales as rates begin to come down throughout 2024 this is also expected to prompt a lot more homeowners to list their homes for sale once the gap between their existing interest rate and Future interest rates begins to narrow although in terms of whether or not prices will fall the general consensus seems to be unfortunately no it's only going to get more expensive in fact it said that more inventory will be generally offset by more buyers in the market as a result it's expected that overall the median home price in the US will grow modestly rising to $394,000 for 2024 a 1 a. half% increase over 20123 of course keep in mind that that doesn't mean that prices everywhere are just going to be going higher especially since real estate is highly localized but because larger metros are facing some affordability issues areas like Miami San Diego Los Angeles Las Vegas Tampa Nashville Austin are in the locations likely to see a marginal price decline While others like Indianapolis New Orleans Chicago Pittsburg Detroit and Louisville yeah I said that one correctly because I learned the hard way when I visited could see prices increase

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