Bozz Real Estate

View Original

How Housing Differs in Red and Blue States

How Housing Differs in Red and Blue States

With the 2020 election quickly approaching politics are on top of mind for most Americans. No matter what side of the political aisle you’re on it’s interesting to take a look at how housing differs between Red and Blue states. Here are some of the highlights according to the article on Realtor.com.

  1. Median Home Prices:

    Red: $249,650
    Blue: $424,500
    Swing: $310,698

  2. Price Increases Since Last Election:

    Red: 30.9%
    Blue: 26.5%
    Swing: 35%

  3. Median Rental Rates (One Bedroom)

    Red: $877
    Blue: $1.564
    Swing: $1.150

  4. Decrease In Homes For Sale Since Last Election

    Red: -54%**
    Blue: -49%
    Swing: -59%

Read full Realtor.com article here.

See this form in the original post