Median US Home Prices Hit Record High of $394,000, Redfin Says

Housing payments remain elevated at $2,829 per month.
Median US Home Prices Hit Record High of $394,000, Redfin Says
Homes for sale in Maryland on Nov. 12, 2023. Madalina Vasiliu/The Epoch Times
Naveen Athrappully
Updated:
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Home prices in the United States hit a new high this month, with a decline in mortgage rates triggering a slight fall in monthly payments, according to real estate brokerage firm Redfin.

“The median U.S. home-sale price hit an all-time high of $394,000 during the four weeks ended June 9, up [by] 4.4 percent year over year—the biggest increase in about three months,” Redfin said in a statement on June 13.
Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.