Money

Here’s how much housing prices have skyrocketed over the last 50 years in every US state

If you want to buy a house this year, you may well be paying around $199,200, the median price for a home in the U.S., according to Zillow.

That's far more than you'd have forked over 10, 20 or 50 years ago. In 1940, the median home value in the U.S. was just $2,938. In 1980, it was $47,200, and by 2000, it had risen to $119,600. Even adjusted for inflation, the median home price in 1940 would only have been $30,600 in 2000 dollars, according to data from the U.S. Census.

Of course, location matters. The median value for a house in New Mexico in 1940 was just $656 — or $6,800 when adjusted to 2000 dollars. The same year, the median value for a home in California clocked in at $3,527, or the equivalent of $36,700.

And prices haven't risen uniformly. The median home now costs about the same in Connecticut and Colorado, just under $167,000, but that's a significant shift upwards for Colorado since, half a century ago, the median Rocky Mountain home cost less than half as much as one in southern New England.

Read on to see how the cost of owning a home has changed in all 50 U.S. states since 1940.

Alabama

Median home price in 1940: $16,800
Median home price in 1980: $67,100
Median home price in 2000: $85,100

Birmingham, Alabama.
Sean Pavorie | Getty Images
Birmingham, Alabama.

Alaska

Median home price in 1940: N/A
Median home price in 1980: $151,00
Median home price in 2000: $144,200

Ketchikan Harbour in Alaska
Loop Images | UIG | Getty Images
Ketchikan Harbour in Alaska

Arizona

Median home price in 1940: $14,600
Median home price in 1980: $108,500
Median home price in 2000: $121,300

A pedestrian uses an umbrella to get some relief from the sun as she walks past a sign displaying the temperature on June 20, 2017 in Phoenix, Arizona.
Getty Images
A pedestrian uses an umbrella to get some relief from the sun as she walks past a sign displaying the temperature on June 20, 2017 in Phoenix, Arizona.

Arkansas

Median home price in 1940: $11,400
Median home price in 1980: $61,600
Median home price in 2000: $72,800

Row of colorful garden homes with two stories and white pillars in suburban neighborhood of Fayetteville, Arkansas.
Getty Images
Row of colorful garden homes with two stories and white pillars in suburban neighborhood of Fayetteville, Arkansas.

California

Median home price in 1940: $36,700
Median home price in 1980: $167,300
Median home price in 2000: $211,500

San Francisco, California.
Sean Pa
San Francisco, California.

Colorado

Median home price in 1940: $21,800
Median home price in 1980: $126,900
Median home price in 2000: $ $166,600

Denver, Colorado
Bridget Calip | Getty Image
Denver, Colorado

Connecticut

Median home price in 1940: $48,000
Median home price in 1980: $129,900
Median home price in 2000: $166,900

Hartford, Connecticut
Walter Bibikow | Getty Images
Hartford, Connecticut

Delaware

Median home price in 1940: $43,300
Median home price in 1980: $87,900
Median home price in 2000: $130,400

Wilmington, Delaware
Wilmington, Delaware

Florida

Median home price in 1940: $23,100
Median home price in 1980: $89,300
Median home price in 2000: $105,500

South Florida
Gary D Ercole | Getty Images
South Florida

Georgia

Median home price in 1940: $20,400
Median home price in 1980: $73,000
Median home price in 2000: $111,200

Atlanta reflected in the lake of Piedmont Park.
Giorgio Fochesato | Getty Images
Atlanta reflected in the lake of Piedmont Park.

Hawaii

Median home price in 1940: N/A
Median home price in 1980: $233,800
Median home price in 2000: $272,700

Kaneohe Bay and the Ko'olau Mountain Range.
Julie Thurston | Getty Images
Kaneohe Bay and the Ko'olau Mountain Range.

Idaho

Median home price in 1940: $16,700
Median home price in 1980: $90,300
Median home price in 2000: $106,300

Boise, Idaho
Anna Gorin | Getty Images
Boise, Idaho

Illinois

Median home price in 1940: $34,100
Median home price in 1980: $104,500
Median home price in 2000: $130,800

Chicago, Illiinois.
Adam Jones | Getty Images
Chicago, Illiinois.

Indiana

Median home price in 1940: $25,000
Median home price in 1980: $73,600
Median home price in 2000: $94,300

Indianapolis, Indiana
f11photo | Getty Images
Indianapolis, Indiana

Iowa

Median home price in 1940: $23,400
Median home price in 1980: $80,400
Median home price in 2000: $82,500

Pioneers of the Territory outside the Iowa Capitol overlooking West Capitol Terrace and downtown in Des Moines, Iowa.
Denis Tangney Jr. | Getty Images
Pioneers of the Territory outside the Iowa Capitol overlooking West Capitol Terrace and downtown in Des Moines, Iowa.

Kansas

Median home price in 1940: $18,000
Median home price in 1980: $74,800
Median home price in 2000: $83,500

90853976
Royer | Getty Images

Kentucky

Median home price in 1940: $21,600
Median home price in 1980: $67,700
Median home price in 2000: $86,700

Kentucky Countryside
Getty Images
Kentucky Countryside

Louisiana

Median home price in 1940: $14,700
Median home price in 1980: $85,100
Median home price in 2000: $85,000

Revelers party in the French Quarter on Mardi Gras Day, March 4, 2014 in New Orleans.
Getty Images
Revelers party in the French Quarter on Mardi Gras Day, March 4, 2014 in New Orleans.

Maine

Median home price in 1940: $20,900
Median home price in 1980: $75,000
Median home price in 2000: $98,700

Nubble Lighthouse in Maine.
Getty Images
Nubble Lighthouse in Maine.

Maryland

Median home price in 1940: $31,500
Median home price in 1980: $115,400
Median home price in 2000: $146,000

Baltimore, Maryland
Richard Cummins | Getty Images
Baltimore, Maryland

Massachusetts

Median home price in 1940: $39,000
Median home price in 1980: $95,800
Median home price in 2000: $185,700

Acorn Street in Boston, Massachusetts.
Sean Pavone Photo | Getty Images
Acorn Street in Boston, Massachusetts.

Michigan

Median home price in 1940: $29,800
Median home price in 1980: $77,200
Median home price in 2000: $115,600

Mackinac Island, Michigan
Danita Delimont | Getty Images
Mackinac Island, Michigan

Minnesota

Median home price in 1940: $31,500
Median home price in 1980: $105,100
Median home price in 2000: $122,400

A file photo showing joggers on the Stone Arch Bridge in Minneapolis, Minnesota.
Getty Images
A file photo showing joggers on the Stone Arch Bridge in Minneapolis, Minnesota.

Mississippi

Median home price in 1940: $12,400
Median home price in 1980: $62,200
Median home price in 2000: $122,400

The historic district of Hattiesburg, Mississippi
Csfotoimages | Getty Images
The historic district of Hattiesburg, Mississippi

Missouri

Median home price in 1940: $24,900
Median home price in 1980: $72,600
Median home price in 2000: $89,900

The Lewis and Clark statue at Kaw Point, where the Kansas and Missouri rivers merge.
Derek Slagle | Getty Images
The Lewis and Clark statue at Kaw Point, where the Kansas and Missouri rivers merge.

Montana

Median home price in 1940: $17,200
Median home price in 1980: $92,00
Median home price in 2000: $99,500

An eastbound manifest freight swoops through a S curve in Lombard Canyon just east of Toston, Montana.
Mike Danneman | Getty Images
An eastbound manifest freight swoops through a S curve in Lombard Canyon just east of Toston, Montana.

Nebraska

Median home price in 1940: $22,400
Median home price in 1980: $75,200
Median home price in 2000: $88,000

A host of innovation programs with state backing have given small businesses in Omaha a boost.
Andrew Reese | Getty Images
A host of innovation programs with state backing have given small businesses in Omaha a boost.

Nevada

Median home price in 1940: $20,700
Median home price in 1980: $136,000
Median home price in 2000: $142,000

Las Vegas, Nevada
RebeccaAng | Getty Images
Las Vegas, Nevada

New Hampshire

Median home price in 1940: $26,100
Median home price in 1980: $95,000
Median home price in 2000: $133,300

Nashua is a city in Hillsborough County, New Hampshire and is the second largest city in the state.
Denis Tangney Jr. | Getty Images
Nashua is a city in Hillsborough County, New Hampshire and is the second largest city in the state.

New Jersey

Median home price in 1940: $47,100
Median home price in 1980: $119,200
Median home price in 2000: $170,800

Pedestrians walk along the Hudson River waterfront in Jersey City, New Jersey.
Emile Wamsteker | Bloomberg | Getty Images
Pedestrians walk along the Hudson River waterfront in Jersey City, New Jersey.

New Mexico

Median home price in 1940: $6,800
Median home price in 1980: $89,700
Median home price in 2000: $108,100

Albuquerque, New Mexico.
Bob Thomason | Getty Images
Albuquerque, New Mexico.

New York

Median home price in 1940: $45,700
Median home price in 1980: $90,300
Median home price in 2000: $148,700

One57 building in the skyline of New York City as seen from the Rockefeller Center Observation Deck.
Roberto Machado Noa | LightRocket | Getty Images
One57 building in the skyline of New York City as seen from the Rockefeller Center Observation Deck.

North Carolina

Median home price in 1940: $18,800
Median home price in 1980: $71,300
Median home price in 2000: $108,300

Raleigh, North Carolina
Swapan Jha | Getty Images
Raleigh, North Carolina

North Dakota

Median home price in 1940: $16,900
Median home price in 1980: $86,900
Median home price in 2000: $74,400

North Dakota.
Peter Beck | Getty Images

Ohio

Median home price in 1940: $35,500
Median home price in 1980: $88,900
Median home price in 2000: $103,700

Cleveland, Ohio
Davel5957 | Getty Images
Cleveland, Ohio

Oklahoma

Median home price in 1940: $13,500
Median home price in 1980: $70,500
Median home price in 2000: $70, 700

Tulsa, Oklahoma
Davel5957 | Getty Images
Tulsa, Oklahoma

Oregon

Median home price in 1940: $24,400
Median home price in 1980: $112,600
Median home price in 2000: $152,100

Downtown Portland, Oregon.
David Gn Photography | Getty Images
Downtown Portland, Oregon.

Pennsylvania

Median home price in 1940: $33,400
Median home price in 1980: $77,400
Median home price in 2000: $97,000

Zolashine/Getty Images

Rhode Island

Median home price in 1940: $40,000
Median home price in 1980: $92,600
Median home price in 2000: $133,000

Jamestown, Rhode Island
John Greim | Contributor | Getty Images
Jamestown, Rhode Island

South Carolina

Median home price in 1940: $22,300
Median home price in 1980: $69,500
Median home price in 2000: $94,900

Rainbow Row, downtown Charleston, S.C.
Source: ExploreCharleston.com
Rainbow Row, downtown Charleston, S.C.

South Dakota

Median home price in 1940: $16,800
Median home price in 1980: $72,400
Median home price in 2000: $79,600

Senior man photographing Mount Rushmore
EyeJoy | iStock | Getty Images Plus

Tennessee

Median home price in 1940: $19,000
Median home price in 1980: $70,500
Median home price in 2000: $93,000

Downtown Nashville skyline with the Shelby Street bridge and the Cumberland River.
Davel5957 | Getty Images
Downtown Nashville skyline with the Shelby Street bridge and the Cumberland River.

Texas

Median home price in 1940: $17,600
Median home price in 1980: $77,400
Median home price in 2000: $82,500

A Houston METRORail light rail train in Downtown Houston.
Davel5957 | Getty Images
A Houston METRORail light rail train in Downtown Houston.

Utah

Median home price in 1940: $24,100
Median home price in 1980: $113,400
Median home price in 2000: $146,100

Salt Lake City, Utah.
Getty Images
Salt Lake City, Utah.

Vermont

Median home price in 1940: $29,500
Median home price in 1980: $83,500
Median home price in 2000: $111,500

Montpelier, Vermont.
Sean Pavone Photo | Getty Images
Montpelier, Vermont.

Virginia

Median home price in 1940: $27,400
Median home price in 1980: $95,000
Median home price in 2000: $125,400

Richmond, Virginia
Richard Cummins | Getty Images
Richmond, Virginia

Washington

Median home price in 1940: $24,500
Median home price in 1980: $118,600
Median home price in 2000: $168,300

Seattle, Washington.
Getty Images
Seattle, Washington.

West Virginia

Median home price in 1940: $24,500
Median home price in 1980: $76,200
Median home price in 2000: $72,800

West Virginia
Walter Bibikow | Getty Images
West Virginia

Wisconsin

Median home price in 1940: $33,600
Median home price in 1980: $96,200
Median home price in 2000: $112,200

Wausau, Wisconsin
Getty Images
Wausau, Wisconsin

Wyoming

Median home price in 1940: $22,600
Median home price in 1980: $118,400
Median home price in 2000: $96,600

Jackson Hole, Wyoming
WitGorski | Getty Images
Jackson Hole, Wyoming