Should we be worried....?
Data analyzed by Realtor.com® economists show that from 2006 to 2024, the financial burden of purchasing a home has grown dramatically.
In 2006, the median price of a single-family home was $221,923, which translates to about $343,806 in 2024 dollars when adjusted for inflation. By comparison, the median sale price in 2024 was $410,100, more than $66,000 higher in real terms than the 2006 equivalent.
Over the same 18-year period, the U.S. total fertility rate dropped from about 2.1 births per woman to just under 1.6 births.
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