The Income Needed to Afford Typical American Home Holds Steady Near Record High of $110,000
Housing costs keep rising, but so do incomes, leaving the income required to afford a home largely unchanged from last year’s record high. The income
As a data journalist at Redfin, Dana Anderson writes about the numbers behind real estate trends. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.
Housing costs keep rising, but so do incomes, leaving the income required to afford a home largely unchanged from last year’s record high. The income
Today’s housing market rewards patience over panic: With hundreds of thousands more sellers than buyers in the U.S., buyers in most of the country have
Mortgages for second homes rose 4% year over year in 2025, the first annual increase in four years. That’s compared with a 1% increase for
Tuolumne County, CA, in the Yosemite foothills, lost more residents than any other fire-prone U.S. county in 2025. It was followed closely by Sutter County,
San Francisco’s median home-sale price dropped to a low of $625,000 in the aftermath of the Great Recession; since then, it has risen over $1
New listings inched up week over week, but they’re near their lowest level since the start of 2026. Still, there are many more sellers than
Housing costs keep rising, but so do incomes, leaving the income required to afford a home largely unchanged from last year’s record high. The income
Today’s housing market rewards patience over panic: With hundreds of thousands more sellers than buyers in the U.S., buyers in most of the country have
Mortgages for second homes rose 4% year over year in 2025, the first annual increase in four years. That’s compared with a 1% increase for
Tuolumne County, CA, in the Yosemite foothills, lost more residents than any other fire-prone U.S. county in 2025. It was followed closely by Sutter County,
San Francisco’s median home-sale price dropped to a low of $625,000 in the aftermath of the Great Recession; since then, it has risen over $1
New listings inched up week over week, but they’re near their lowest level since the start of 2026. Still, there are many more sellers than