In a rapidly evolving real estate landscape, homeowners and potential buyers alike need to understanding the fluctuations in property values across the United States. As the housing market continues to be a focal point of economic discussions, GOBankingRates has undertaken a comprehensive analysis to unveil the latest insights into the average home prices in every state. Using the Zillow Home Value Index for the August 2023 and August 2022 median home values for each state, gave a perspective on the year-over-year changes both in dollars and percentage.
Keep in mind that home valuations from Zillow are not the same as official appraisals performed by licensed professionals.
- August 2022 Median Home Value: $370,120.54
- August 2023 Median Home Value: $370,645.33
- Year-over-Year Percentage Change: 0.14%
For Alaskan homeowners curious about their home’s value, it’s important to recognize that the real estate world can be a bit tricky. While our research gives you a general idea of average home prices, if you want to know exactly how much your home is worth, it’s best to talk to a licensed real estate pro in Alaska. These experts understand all the unique details about Alaskan homes and can give you a more accurate estimate. In the ever-changing world of real estate, their advice not only helps you see things clearly but also helps you make smart choices about your home.