When Was the Most Expensive Year to Buy an American Home?

This infographic by Madison Trust Company shows us that housing prices have risen steadily since 1963. Although economic and world events have caused dips in the average home costs, overall, they keep rising. If it feels like we’re living in the era of the highest housing prices, the infographic shows us that feeling is a reality. The most expensive year to buy a home was 2022 when the average price was $552,600. Luckily, prices have decreased a little in 2023 and we can have some hope that the price will level out, though if the past is any indication, it’s unlikely to ever reach the levels of the past decade.

Brought to you by: Madisontrust.com

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When Was the Most Expensive Year to Buy an American Home?

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