đź’¨ Abstract

As of Q3 2025, the national median sales price for a single-family home is $426,800, with the West region seeing a median of $633,900. Buying a $500,000 home is becoming more common. To determine affordability, the 28/36 rule suggests spending 28% of gross monthly income on housing and 36% on total debts.

Courtesy: WTOP Staff