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Query of the Day: How a lot has the median residence value within the U.S. gone up over the previous 5 years?

whysavetoday by whysavetoday
April 17, 2025
in financial News
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Query of the Day: How a lot has the median residence value within the U.S. gone up over the previous 5 years?
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Reply: 

$111,600 – a 39% enhance!

(from $286,800 in April 2020 to 398,400 in February 2025)

Questions:

  1. Why do you assume residence costs have gone up a lot within the final 5 years?
  2. What challenges would possibly somebody face when making an attempt to purchase a house at the moment in comparison with 5 or ten years in the past?
  3. If shopping for a house is getting more durable, how would possibly that change what maturity or success appears like on your technology?

Listed below are the ready-to-go slides for this Query of the Day that you should use in your classroom.

 

Behind the numbers (YCharts): 

US Present Dwelling Median Gross sales Value is at a present stage of 398400.0, up from 393400.0 final month and up from 383800.0 one 12 months in the past. This can be a change of 1.27% from final month and three.80% from one 12 months in the past.

 

About
the Writer

Dave Martin

Dave joins NGPF with 15 years of educating expertise in math and laptop science. After becoming a member of the New York Metropolis Educating Fellows program and incomes a Grasp’s diploma in Training from Tempo College, his educating profession has taken him to New York, New Jersey and a summer season within the north of Ghana. Dave firmly believes that monetary literacy is significant to creating well-rounded college students which are ready for a posh and extremely aggressive world. Throughout what free time two younger daughters will enable, Dave enjoys video video games, Dungeons & Dragons, cooking, gardening, and taking naps.


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