California Wasn’t The Most Expensive And New York Isn’t Even In The Top 20
If you were a homeowner or shopping for a home around 2007, you probably remember the extreme spike in housing prices and the crash that followed. Prices are even higher now, and we dove into Zillow’s data to find the average price of a 3-bedroom house in every state plus Washington, DC. Clearly, some states are far more affordable than others, so check out the list and see where your home ranks.
We chose to focus on 3-bedroom homes because of how popular they are. For couples starting a family, it’s a natural upgrade from an apartment or 2/1 starter home. For retirees, it’s a more manageable size than the larger home they may have had when they were raising their families. Even for folks in the rhythm of their careers, it’s a comfortable size to be potentially upgrading during their high-earning years. Plus, it’s an affordable family-friendly floor plan (relatively speaking, of course).
The results had several surprises in store for our team. Some areas are far more affordable, including two states where the average price is still under $200,000. Some states weren’t in the positions we expected them, especially New York, which turns out is the 23rd most affordable state if you’re targeting a 3-bedroom home.
This is based on Zillow’s June 2023 data—the most recent available at the time of writing.
Most Affordable Average Price of a 3-Bedroom House
- West Virginia: $167,575
- Mississippi: $188,323
- Oklahoma: $200,842
- Louisiana: $210,076
- Ohio: 210,684
- Kansas: 211,727
- Iowa: $216,840
- Kentucky: $221002
- Alabama: $222,738
- Arkansas: $224,107
- Indiana: $227,751
- Missouri: $241,524
- Michigan: $242,327
- North Dakota: $249,783
- Pennsylvania: $250,621
- Illinois: $254,608
- Nebraska: $259,364
- Texas: $280,657
- South Carolina: $286,512
- Georgia: $287,065
- South Dakota: $288,998
- Wisconsin: $293,134
- New York: $306,036
- North Carolina: $307,621
- New Mexico: $308,261
- Tennessee: $315,511
- Minnesota: $328,502
- Delaware: $328,940
- Wyoming: $332,349
- Virginia: $334,273
- Alaska: $361,267
- Maryland: $362,880
- Connecticut: $366,377
- Florida: $390,665
- Maine: $400,287
- Nevada: $402,033
- Arizona: $405,668
- Vermont: $407,639
- Idaho: $424,468
- Rhode Island: $434,552
- New Jersey: $459,492
- Montana: $465,997
- New Hampshire: $466,223
- Utah: $466,979
- Oregon: $485,419
- Colorado: $518,266
- Washington: $558,839
- Massachusetts: $564,491
- District of Columbia: $697,724
- California: $707,014
- Hawaii: $896,647