Homebuyers need to earn at least $111,252 per year to afford the median-priced home, based on December data. That’s still well above the median household income of just over $86,000, but it’s down from $115,870 in 2024 and $120,609 in 2023.
Homebuyers need to earn at least $111,252 per year to afford the median-priced home, based on December data. That’s still well above the median household income of just over $86,000, but it’s down from $115,870 in 2024 and $120,609 in 2023.