Track over 60 years of American housing prices and affordability metrics. Analyze whether the US housing market is overvalued, undervalued, or fairly priced using FRED MSPUS data, Census Bureau income data, and price-to-income ratios.
Our tracker analyzes median home prices from 1963 to present, comparing them against median household incomes to calculate the price-to-income ratio. We classify markets as overvalued when the ratio exceeds 15% above the 2003–2019 pre-pandemic baseline.
Explore housing affordability for all 50 US states. Each state is compared against its own 2003–2019 baseline to account for regional cost-of-living differences.