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The Most Unaffordable Housing Market in Every U.S. State

The Most Unaffordable Housing Market in Every U.S. State

The Most Unaffordable Housing Market in Every U.S. State
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Alabama: Baldwin County
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Alaska: Matanuska-Susitna Borough
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Arizona: Apache County
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Arkansas: Garland County
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California: Santa Barbara County
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Colorado: Boulder County
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Connecticut: Western Connecticut Planning Region
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Delaware: Sussex County
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Florida: Monroe County
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Georgia: Glynn County
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Hawaii: Kauai County
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Idaho: Kootenai County
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Illinois: Champaign County
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Indiana: Monroe County
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Iowa: Story County
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Kansas: Johnson County
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Kentucky: Pulaski County
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Louisiana: Orleans Parish
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Maine: York County
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Maryland: Cecil County
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Massachusetts: Barnstable County
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Michigan: Grand Traverse County
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Minnesota: Crow Wing County
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Mississippi: Lee County
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Missouri: Platte County
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Montana: Flathead County
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Nebraska: Lancaster County
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Nevada: Washoe County
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New Hampshire: Belknap County
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New Jersey: Cape May County
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New Mexico: Santa Fe County
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New York: New York County
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North Carolina: Chatham County
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North Dakota: Grand Forks County
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Ohio: Wood County
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Oklahoma: Payne County
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Oregon: Josephine County
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Pennsylvania: Lebanon County
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Rhode Island: Newport County
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South Carolina: Charleston County
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South Dakota: Pennington County
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Tennessee: Sevier County
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Texas: Starr County
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Utah: Washington County
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Vermont: Chittenden County
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Virginia: Albemarle County
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Washington: Island County
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West Virginia: Monongalia County
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Wisconsin: Brown County
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Wyoming: Laramie County
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The Most Unaffordable Housing Market in Every U.S. State
Alabama: Baldwin County
Alaska: Matanuska-Susitna Borough
Arizona: Apache County
Arkansas: Garland County
California: Santa Barbara County
Colorado: Boulder County
Connecticut: Western Connecticut Planning Region
Delaware: Sussex County
Florida: Monroe County
Georgia: Glynn County
Hawaii: Kauai County
Idaho: Kootenai County
Illinois: Champaign County
Indiana: Monroe County
Iowa: Story County
Kansas: Johnson County
Kentucky: Pulaski County
Louisiana: Orleans Parish
Maine: York County
Maryland: Cecil County
Massachusetts: Barnstable County
Michigan: Grand Traverse County
Minnesota: Crow Wing County
Mississippi: Lee County
Missouri: Platte County
Montana: Flathead County
Nebraska: Lancaster County
Nevada: Washoe County
New Hampshire: Belknap County
New Jersey: Cape May County
New Mexico: Santa Fe County
New York: New York County
North Carolina: Chatham County
North Dakota: Grand Forks County
Ohio: Wood County
Oklahoma: Payne County
Oregon: Josephine County
Pennsylvania: Lebanon County
Rhode Island: Newport County
South Carolina: Charleston County
South Dakota: Pennington County
Tennessee: Sevier County
Texas: Starr County
Utah: Washington County
Vermont: Chittenden County
Virginia: Albemarle County
Washington: Island County
West Virginia: Monongalia County
Wisconsin: Brown County
Wyoming: Laramie County

The Most Unaffordable Housing Market in Every U.S. State

The U.S. housing market has been shaped by two major economic shocks in the past two decades: the Great Recession and the COVID-19 pandemic. After home prices collapsed during the recession, construction slowed dramatically and millions of homes that might have been built never materialized. Over time, that slowdown helped create a housing shortage across the country.

When pandemic-era demand surged, limited housing supply pushed prices sharply higher. According to the Case-Shiller index, home prices have risen more than 55% since early 2020, while wages have grown far more slowly. As a result, buying a home has become increasingly difficult for many Americans.

Today, the median list price of a U.S. home is about $425,000, more than five times the median household income. In some areas, the gap between incomes and home prices is even wider, making homeownership especially challenging.

Using data from the U.S. Census Bureau and Realtor.com, Moms Who Think identified the least affordable housing market in every state by comparing local median home prices with local household incomes. These are the places where buying a home is the biggest financial stretch for residents.

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