The median home in the US costs $415,000. Here’s what that will buy around the country.

There’s nary nationalist lodging market. Costs alteration wide — not lone from authorities to state, but besides from vicinity to vicinity wrong cities. But 1 inclination holds existent nary substance wherever you are successful the nation: Home prices person risen dramatically successful the past 5 years.

The median existing location — a class that includes immoderate apartment, condo, townhome, oregon single-family location not purchased caller from a builder — sold for $415,200 successful October. That’s up from $271,100 5 years ago. The accelerated emergence successful costs has had melodramatic implications for the country: It has encouraged aspiring first-time homeowners to support renting for longer, made it harder for families successful starter homes to spend to move, and for bare nesters to downsize.

Read more: Should you bargain oregon rent a home? How to decide.

For the 3rd twelvemonth successful a row, these factors are apt to effect successful location income staying stuck astir 30-year lows. But what does it mean to person $415,200 to walk connected a location successful 2025? We examined listings successful immoderate of the nation’s biggest metro areas. Here’s a sample.

This workplace flat with a abstracted room is located successful a nine-story elevator gathering successful Manhattan’s Lincoln Square neighborhood, steps from Central Park. Monthly fees of $1,183 screen taxes and gathering maintenance.

The apartment, successful a 1924 building, features crown molding and hardwood floors. The estimated monthly payment, including owe and maintenance, comes retired to $3,216 with a 20% down outgo and a 6.2% owe rate.

The median location successful New York City sells for astir $800,000, portion it’s person to $1.2 cardinal successful Manhattan.

In downtown LA, $420,000 buys a 28th-floor one-bedroom, one-bathroom condo. The 847-square-foot portion includes an open-concept room with a granite countertop and stainless alloy appliances arsenic good arsenic walk-in closets.

The 1986 gathering has a 17th-floor skydeck with an infinity pool, spa, and cabanas. The gathering besides has a fittingness halfway and a screening room. HOA fees are $1,173 monthly.

The estimated monthly payment, including the mortgage, taxes, insurance, and fees, is $3,789 with 20% down and a 6.2% owe rate. The median location successful the Los Angeles metro country is listed for $1.1 million.

Located successful Chicago’s River North neighborhood, this two-bedroom, two-bathroom country portion has skyline and stream views. The 1,325-square-foot location has an unfastened room with maple cabinets and comes with an in-unit washer and dryer.