While the median sales price for new single-family homes was $400,500 in February, according to the U.S. Census Bureau, real estate news and research site ResiClub found that the average forecast from its latest roundup expects U.S. home prices to rise 2.38% in 2024.
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That means if your budget tops out at $500,000 then you’ve still got plenty of options on where to put down roots.