Housing Affordability Index

Housing Affordability Index

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https://www.nar.realtor/newsroom/americas-housing-affordability-gap-persists-households-earning-75000-annually-can-afford-less-than-a-quarter-of-for-sale-home-listings

Realtor.com infograhic on housing affordability

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Key Highlights

  • The U.S. housing market still needs 367,000 more home listings at a maximum price of $170,000, 416,000 more priced at or below $255,000 and 364,000 more priced under $340,000.
  • For the U.S. housing supply, a sizable amount (44%) of the 100 largest metropolitan areas is classified as “Areas Stuck in the Middle,” 30% as “Areas Getting Closer to Balance” and 26% as “Areas Falling Further Behind.”
  • Montana, Idaho, California, Massachusetts and Hawaii have the largest shortfalls in affordable housing.

Review the data with your Realtor® for accurate local data.