Map 1: Median Selling Home Price by State | Map 2: Affect of REO

[Robert Adams]

Median selling price for May 2018 This map compares each state's median selling price for May 2018.1 Darker states have the highest median selling prices in the country, whereas the lighter-colored states have the lowest prices. It should be noted that median selling prices are generally lower in the Midwest, and higher on the coasts.

Median selling price for May 2018 This map compares each state's median selling price for May 2018.1 Darker states have the highest median selling prices in the country, whereas the lighter-colored states have the lowest prices. It should be noted that median selling prices are generally lower in the Midwest, and higher on the coasts.

1Source data: CoreLogic®
Data date: 07/25/2018

The second map shows the effect of real estate-owned ("REO") property sales on the median home price. The areas with the least impact on median sales prices from REO property sales are Oregon, Montana, Texas, Massachusetts, Florida, Rhode Island, California, Alaska, Nevada, Minnesota, Washington, Nebraska, Idaho, Arizona, Utah, and Colorado — all with less than a 1% impact.
REO property sales also affected median sales prices more in the eastern half of the country than the western half. Based on available data, REO sales on average only had an impact of 1.49% nationwide, with 26 states below the average.11Source data: CoreLogic®
Data date: 07/25/2018