American consumers might have reason to believe that the recovering economy is keeping costs down. After all, gas prices have recently hit lows we haven’t seen in years. A strong dollar has made purchases more affordable. And national unemployment dipped to 5.1 percent earlier this year.

But when it comes to things like buying a home, Americans might be startled at how quickly prices have rebounded in many places following the economic recession. Prices haven’t increased uniformly; some areas still have relatively affordable home prices, while others have homes with prices that seem to rise exponentially each year.

Using data from their real estate market trends topic, our data experts at FindTheHome identified the most expensive states to buy a home based on the median home sale price in each state. These statistics are sourced from public county records and reflect the median price of all home sales recorded in July 2015.

California stood as the third-most-expensive state to buy a home.

Out of all the counties in Southern California, Orange County had the most expensive median home prices in July 2015, with a median sale price of $600,000, an increase of 3.63 percent from the same period 12 months ago. Ventura County followed second, with a median sale price of $406,000, jumping 5.86 percent since last year.

Visualizations provided by Graphiq.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×