According to the United States Census Bureau, the average price of a house in the United States in 1960 was $11,900 in 1960 dollars. When adjusted for inflation, the median price of a house was $58,600 in 2000 dollars.Know More
According to the United States Census Bureau's data, the state with the most expensive median home price in 1960 was Hawaii, with a median house price of $20,900. Other states with high house prices included New Jersey, with an average of $15,600; the District of Columbia, with a median prices of $15,400; New York, with a median price of $15,300; Nevada, with a median price of $15,200; and California, with a median price of $15,100. The states with the least expensive average house prices in 1960 dollars included South Carolina, with a median price of $7,500; West Virginia, with a median price of $7,600; Oklahoma and Mississippi, with average home prices of $7,900; North Carolina, with a median house price of $8,000; and Tennessee, with an average house price of $8,300.
When adjusted for inflation to 2000 dollars, the United States Census Bureau's data shows the average house price ranged from $37,000 for South Carolina to $103,000 for Hawaii. Between 1960 to 2000, Hawaii maintained the highest average house prices. The state with the lowest home prices varied by the decade.Learn more about Real Estate
A home can be transferred from parents to children by way of a trust, a sale for a bargain price or a gift. Parents can also transfer their home to their children with a deed and retaining life estate, according to USAA.Full Answer >
According to Credit.com, the down payment on a house is calculated as a percentage of the total cost of the home the buyer is considering. A down payment of anywhere from 3 to 20 percent of the total amount is typical.Full Answer >
According to House Plans, three-bedroom homes in the United States have a wide range of sizes, from 976 square feet to over 2,600 square feet. The average three-bedroom, two-bath American home today is 1,200 to 1,400 square feet, well below the 2009 average home size of 2,164 square feet.Full Answer >
The exact cost of a Mars mission would depend on the nature of that mission, though most of them likely have a minimum price tag of hundreds of millions of dollars. An unmanned capsule such as SpaceX's Red Dragon could theoretically make the trip to Mars for about $750 million, while a larger manned space mission could cost upwards of $100 billion.Full Answer >