US Housing Prices:
How Much Does It Cost to Buy a Home?
For anyone considering buying property in the United States, one of the biggest questions is how much US housing prices are.
According to Zillow data as of January 31, 2026, the average US home value is $357,445, up 0.2% year-over-year. However, home prices vary significantly by state and metro area.
Below is a comparison of US housing prices in California, Georgia, Texas, and Nevada — with a focus on areas where Korean residents commonly settle.
US Housing Prices in California
According to Zillow, the average home value in California (2026) is $756,323, down 1.9% year-over-year, with homes going pending in about 34 days on average.
California remains significantly above the national average due to strong demand and limited housing supply.
Major Cities
- Los Angeles (LA): $933,111. Known for Hollywood and diverse cultural attractions, LA remains a high-priced housing market.
- San Francisco: $1,258,198. Close to Silicon Valley, strong demand from tech professionals keeps home prices elevated.
- Irvine: $1,517,282. Popular for its safety and strong school districts, Irvine is especially attractive to Korean families.
- San Jose: $1,401,449. Located in the heart of Silicon Valley, the city has a high concentration of technology professionals.
- Beverly Hills: $3,538,574. A luxury residential area known for high-end properties and affluent residents.
2026 California Housing Forecast (CAR)
The California Association of Realtors (CAR) projects:
- Home sales: Increasing 2% from 269,000 to 274,400 units
- Median price: Rising 3.6% from $873,900 to $905,000
Regional Characteristics
California offers mild weather and strong school districts (notably Irvine and San Jose), but high living costs and traffic congestion remain challenges.
US Housing Prices in Georgia
According to Zillow, the average Georgia home value (2026) is $325,999, down 1.9% year-over-year, with homes pending in about 58 days.
Major Cities
- Duluth: $441,362. A well-established Korean community with numerous Korean grocery stores and restaurants.
- Suwanee: $595,302. A family-oriented area known for strong school districts and suburban residential neighborhoods.
2026 Georgia Market Trends(Redfin)
- Home sales: Down 8.1% year-over-year (January 2026)
- Median sale price: $359,000 (down 0.21%)
- Active listings: Up 10.3% to 55,653 homes
Georgia is gradually shifting toward a buyer’s market, with increasing inventory and greater negotiation flexibility.
Regional Characteristics
Georgia offers lower housing costs than California, established Korean communities (Duluth, Suwanee), and relatively mild winters, though summers can be humid.
US Housing Prices in Texas
Zillow reports the average Texas home value (2026) at $294,807, down 2.4% year-over-year, with homes pending in about 62 days.
Major Cities
- Austin: $494,727. A technology-driven city where home values had surged in recent years, but prices have recently declined 6.1% year-over-year.
- Houston: $260,149. Known as a major hub for the energy industry, offering diverse employment opportunities and relatively affordable housing.
2026 Texas Market Trends(Redfin)
- Home sales: Down 6.8% YoY (17,906 homes sold vs. 19,319 last year)
- Median sale price: $329,500 (down 1.2%)
- Active listings: 153,627 homes (up 2.0%)
- New listings: Down 6.9%
Austin is currently in a market correction phase after significant pandemic-era price growth.
Regional Characteristics
Texas is known for affordable land, business-friendly policies, and expanding job markets. Summers are hot, but housing affordability remains attractive.
US Housing Prices in Nevada
The average Nevada home value (2026) is $440,161, down 1.8% year-over-year, with homes pending in about 49 days.
Major City
- Las Vegas: The average home value is $420,894, down 2.4% year-over-year.
2026 Nevada Market Trends
- Home sales: Down 5.5% YoY
- Median sale price: $452,200 (down 0.89%)
- Active listings: 16,353 homes (up 6.6%)
- New listings: Down 9.75%
Approximately 23% of homes sold below the asking price, indicating increased negotiation power for buyers.
Regional Characteristics
Nevada has a desert climate with very hot summers. Las Vegas offers tourism-driven job opportunities but school quality varies by district.
Which State Has the Lowest US Housing Prices?
Among the four states compared:
- Texas: $294,807
- Georgia: $325,999
- Nevada: $440,161
- California: $756,323
As of 2026, Texas has the lowest average home value among these states.
2026 Average Home Values by State (Zillow)
- California: $756,323
- Georgia: $325,999
- Texas: $294,807
- Nevada: $440,161
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