Americans Need to Earn 70.1% More Today Than Six Years Ago to Afford the Median-priced Home - News (NASDAQ:NWSA), News (NASDAQ:NWS)

Here's How Much You Need to Make Per Year to Buy a Typical Home in the U.S., According to a New Report

A new study found that homeowners needed to make at least $114,000 per year to buy a home at the national median price.

Experts Reveal U.S. Households Now Need to Earn 70% MORE to Afford a Home

U.S. households now need $114K annually to afford a median-priced home, up 70% since 2017. Rising prices & rates push homebuying dreams further away.

Depressing data show families need to earn 70% more than they did 6 years ago to buy a home

The income needed for a family to buy a typical home in the U.S. has surged by an eye-popping 70% over the past six years, highlighting the mounting housing affordability challenges.

Americans need to make six figures to afford a median-price home

In April, the national median list price for a home was about $431,250, a Realtor.com analysis revealed. So to comfortably afford a typical home, a household needs to earn about $114,000 a year. But after years of wild home price appreciation, there’s been a slowdown.  The pandemic changed the housing world. Americans need to earn about 70% more today than six years ago to comfortably afford a median-priced home, a Realtor.com monthly analysis p…

Americans Need to Earn 70.1% More Today Than Six Years Ago to Afford the Median-priced Home - News (NASDAQ:NWSA), News (NASDAQ:NWS)

Americans now need to earn $114,000 to afford the median-priced home Pending home sales fall for the fourth straight month YoY, down 3.2% Active listings rise 30.6% YoY, surpassing April 2020 levels Price reductions hit 18.0% of listings AUSTIN, Texas, May 1, 2025 /PRNewswire/ -- A U.S. household now needs to earn $114,000 annually to afford a median-priced home. That's up 70.1% from $67,000 just six years ago according to the Realtor.com® April…

Depressing data shows families need to earn 70% more than they did 6 years ago to buy a home

The income needed for a family to buy a typical home in the U.S. has surged by an eye-popping 70% over the past six years, highlighting the mounting housing affordability challenges.   Compared with spring 2019, the national household income required to buy a median-priced home has jumped by nearly $47,000, largely driven by increasing home prices and elevated mortgage rates, according to the Realtor.com® April 2025 Inventory Report. To purchase…