Here’s an interesting chart from the U.S. Census Bureau website about the average price of a home in the U.S.
Take a look at how fast homes shot up from 2000 – 2007: over $100,000!
Period Average
1963 $19,300
1964 $20,500
1965 $21,500
1966 $23,300
1967 $24,600
1968 $26,600
1969 $27,900
1970 $26,600
1971 $28,300
1972 $30,500
1973 $35,500
1974 $38,900
1975 $42,600
1976 $48,000
1977 $54,200
1978 $62,500
1979 $71,800
1980 $76,400
1981 $83,000
1982 $83,900
1983 $89,800
1984 $97,600
1985 $100,800
1986 $111,900
1987 $127,200
1988 $138,300
1989 $148,800
1990 $149,800
1991 $147,200
1992 $144,100
1993 $147,700
1994 $154,500
1995 $158,700
1996 $166,400
1997 $176,200
1998 $181,900
1999 $195,600
2000 $207,000
2001 $213,200
2002 $228,700
2003 $246,300
2004 $274,500
2005 $297,000
2006 $305,900
2007 $313,600
2008 $292,600
2009 $270,900
2010 $272,900