Despite what they’re intended for, the price of a starter home can be prohibitive in some places.
Although a starter home is one of the most gratifying purchases for a young family or someone moving into their first single-family dwelling, the notion that they are cheap is not necessarily true everywhere.
See the price of a starter home in all 50 states
HowMuch.net has a map of U.S. starter homes that shows where you’ll pay more and less for the structures.
As might be expected, starter homes in the Northeast and West command a higher price tag than in other regions. Here’s a snapshot:
5 places with the highest starter home values
- Washington, D.C. – $335,700
- Hawaii – $331,500
- California – $305,300
- Colorado – $247,600
- Washington – $243,700
5 places with the lowest starter home values
- West Virginia – $42,300
- Oklahoma – $50,700
- Arkansas – $56,800
- Michigan – $58,000
- Kansas – $61,200
Here are median starter home values in each state
When it comes to price, the figures list median home values, not the extremes. The visualization below includes these two pieces of key information:
- The median value of starter homes across a given state
- The median value of starter homes compared to that of all homes in the state
If you’re house-hunting for the first time, brushing up on the price of a starter home is a great place to begin. To get a holistic view of the process, here’s how to buy a home in 9 steps.
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- Clark Howard: This is the only reason to buy a house
- Buying a home: Here are the mortgage mistakes to avoid
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