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GOBankingRates

Travis Woods

Current Status of the Housing Market in Every State

Housing Market America DenisTangneyJr Sean Pavone Covid-19 GOBankingRates Inflation

The American housing market has been rather volatile throughout the 2020s, weathering such storms as the COVID-19 pandemic, inflation and high mortgage rates. That has left it increasingly difficult to afford. For as many markets as appear to be skyrocketing in value, there are those that seem to be on very shaking ground.

Knowing where the housing market stands in each state can provide potential homeowners with a valuable map as to where — and when — they should purchase a new home.

That’s why GOBankingRates recently set out to quantify the current status of the housing market in each of America’s 50 states. To do so, GOBankingRates used Zillow’s October 2025 data, which offered the average value of single-family homes in each state and how much they had gained (or lost) in value across the past two years.

What this study revealed might surprise you. While a few states are doing exceptionally well with dizzying high gains in market values, the housing market in a number of other states is not only flattening, but outright nosediving. If you’re hoping to buy a home in 2026, this study will show you the states to avoid and the states where the market is growing.

BrianAJackson / Getty Images/iStockphoto

Key Findings

Hawaii living comes at a cost: The Aloha State is notable for its lovely weather, gorgeous views and a very high cost of living commensurate with that beauty. The average home value there in October 2025? A staggering $959,688.
Home values in Illinois have increased more than any other state in the last year, making a 4.3% jump in worth.
In New Jersey, home values have jumped in value by 11.7%, more than any other state.

Also See: 6 Places To Buy a House in 2026

Learn More: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too

Alabama

October 2025 average home value: $228,877
1-year % change in home value: 0.3%
2-year % change in home value: 2.0%

Find More: 5 Renovations Buyers Want the Most in 2026

Also Read: 5 College Towns Where Buying a House Creates Long-Term Passive Income

Alaska

October 2025 average home value: $394,988
1-year % change in home value: 3.3%
2-year % change in home value: 5.1%

Arizona

October 2025 average home value: $429,020
1-year % change in home value: -3.2%
2-year % change in home value: -2.0%

Arkansas

October 2025 average home value: $216,142
1-year % change in home value: 0.9%
2-year % change in home value: 4.1%

California

October 2025 average home value: $784,364
1-year % change in home value: -2.0%
2-year % change in home value: 1.8%

Colorado

October 2025 average home value: $549,087
1-year % change in home value: -2.2%
2-year % change in home value: -1.3%

Discover More: America’s Youngest Wealthiest Suburbs

Connecticut

October 2025 average home value: $453,495
1-year % change in home value: 3.8%
2-year % change in home value: 11.0%

Graves Creative Design / Shutterstock.com

Delaware

October 2025 average home value: $397,929
1-year % change in home value: 2.4%
2-year % change in home value: 4.9%

Florida

October 2025 average home value: $395,691
1-year % change in home value: -5.0%
2-year % change in home value: -4.4%

rodclementphotography / Getty Images/iStockphoto

Georgia

October 2025 average home value: $332,289
1-year % change in home value: -2.2%
2-year % change in home value: 0.3%

Hawaii

October 2025 average home value: $959,688
1-year % change in home value: -2.1%
2-year % change in home value: 0.1%

Also See: These Are America’s 50 Wealthiest Suburbs in 2025

Idaho

October 2025 average home value: $465,211
1-year % change in home value: 0.7%
2-year % change in home value: 2.7%

Illinois

October 2025 average home value: $285,028
1-year % change in home value: 4.3%
2-year % change in home value: 10.1%

Indiana

October 2025 average home value: $249,568
1-year % change in home value: 3.1%
2-year % change in home value: 7.4%

Iowa

October 2025 average home value: $231,379
1-year % change in home value: 3.8%
2-year % change in home value: 7.5%

Kansas

October 2025 average home value: $238,210
1-year % change in home value: 2.6%
2-year % change in home value: 7.8%

Explore More: 5 Cities Where Homes Will Be a Total Steal in 2 Years

Kentucky

October 2025 average home value: $226,256
1-year % change in home value: 4.1%
2-year % change in home value: 8.5%

Louisiana

October 2025 average home value: $208,936
1-year % change in home value: -0.2%
2-year % change in home value: -2.0%

Maine

October 2025 average home value: $397,308
1-year % change in home value: -0.1%
2-year % change in home value: 3.7%

Maryland

October 2025 average home value: $440,410
1-year % change in home value: 1.3%
2-year % change in home value: 4.1%

Massachusetts

October 2025 average home value: $667,117
1-year % change in home value: 1.1%
2-year % change in home value: 7.1%

Check Out: 20 Best Cities Where You Can Buy a House for Under $100K

Michigan

October 2025 average home value: $250,225
1-year % change in home value: 3.1%
2-year % change in home value: 7.6%

Minnesota

October 2025 average home value: $347,494
1-year % change in home value: 2.5%
2-year % change in home value: 3.9%

Mississippi

October 2025 average home value: $185,741
1-year % change in home value: 0.6%
2-year % change in home value: 1.5%

Missouri

October 2025 average home value: $257,063
1-year % change in home value: 2.4%
2-year % change in home value: 5.8%

Montana

October 2025 average home value: $459,396
1-year % change in home value: 1.0%
2-year % change in home value: 4.1%

Also Discover: 5 Affordable Small Cities To Live In on the West Coast

Nebraska

October 2025 average home value: $270,139
1-year % change in home value: 2.9%
2-year % change in home value: 6.0%

Nevada

October 2025 average home value: $461,796
1-year % change in home value: -0.7%
2-year % change in home value: 4.7%

New Hampshire

October 2025 average home value: $515,718
1-year % change in home value: 2.6%
2-year % change in home value: 9.2%

New Jersey

October 2025 average home value: $578,764
1-year % change in home value: 2.9%
2-year % change in home value: 11.7%

Also See: 20 Most Budget-Friendly East Coast Destinations

New Mexico

October 2025 average home value: $309,935
1-year % change in home value: 1.2%
2-year % change in home value: 4.7%

New York

October 2025 average home value: $483,605
1-year % change in home value: 4.0%
2-year % change in home value: 11.6%

North Carolina

October 2025 average home value: $332,359
1-year % change in home value: -0.6%
2-year % change in home value: 1.8%

North Dakota

October 2025 average home value: $283,506
1-year % change in home value: 4.1%
2-year % change in home value: 6.8%

Ohio

October 2025 average home value: $240,764
1-year % change in home value: 3.8%
2-year % change in home value: 9.4%

Find Out: 50 Best Cities To Move To Once Your Salary Hits $150K

Oklahoma

October 2025 average home value: $215,920
1-year % change in home value: 1.7%
2-year % change in home value: 4.9%

Oregon

October 2025 average home value: $501,879
1-year % change in home value: -0.6%
2-year % change in home value: 0.4%

Pennsylvania

October 2025 average home value: $279,125
1-year % change in home value: 3.1%
2-year % change in home value: 6.9%

Rhode Island

October 2025 average home value: $497,634
1-year % change in home value: 2.8%
2-year % change in home value: 10.3%

South Carolina

October 2025 average home value: $302,022
1-year % change in home value: -0.4%
2-year % change in home value: 2.3%

Explore Next: 5 Cities in Every State To Buy a Home If You Want It To Gain Value

Lorraine Boogich / Getty Images/iStockphoto

South Dakota

October 2025 average home value: $312,709
1-year % change in home value: 2.0%
2-year % change in home value: 4.9%

Tennessee

October 2025 average home value: $327,566
1-year % change in home value: -0.2%
2-year % change in home value: 2.4%

Texas

October 2025 average home value: $298,410
1-year % change in home value: -2.6%
2-year % change in home value: -2.7%

Utah

October 2025 average home value: $540,574
1-year % change in home value: 2.2%
2-year % change in home value: 3.4%

Vermont

October 2025 average home value: $389,844
1-year % change in home value: -2.2%
2-year % change in home value: -1.4%

Virginia

October 2025 average home value: $409,705
1-year % change in home value: 1.8%
2-year % change in home value: 6.5%

Washington

October 2025 average home value: $605,992
1-year % change in home value: -0.3%
2-year % change in home value: 3.1%

West Virginia

October 2025 average home value: $169,206
1-year % change in home value: 1.7%
2-year % change in home value: 7.4%

Wisconsin

October 2025 average home value: $324,061
1-year % change in home value: 4.2%
2-year % change in home value: 9.2%

Paola Giannoni / Getty Images/iStockphoto

Wyoming

October 2025 average home value: $357,954
1-year % change in home value: 3.64%
2-year % change in home value: 7.2%

Methodology: For this piece, GOBankingRates used Zillow’s October 2025 Single-Family Residence (SFR) home value data to discover the current state of the housing market in every state. First, for each state GOBankingRates found the following: (1) October 2023 SFR home value; (2) October 2024 SFR home value; (3) April 2025 SFR home value; and (4) October 2025 SFR home value. With these figures collected, GOBankingRates next found the following for each state: (5) two-year (October 2023 to October 2025) change in SFR home value; (6) one-year (October 2024 to October 2025) change in SFR home value; and (7) six-month (April 2025 to October 2025) change in SFR home value. All data was collected on Dec. 9, 2025.

More From GOBankingRates

This article originally appeared on GOBankingRates.com: Current Status of the Housing Market in Every State

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