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  1. Housing
  2. Home Prices

The Average U.S. Home Is Now Worth Over $350,000 — an All-Time High

By: Brenden Rearick
Brenden Rearick
Reporter | Joined March 2023
Brenden Rearick is a news reporter for Money who covers mortgages, real estate and lots of other personal finance topics. He has been a news reporter for Money since March of 2023.
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Editor: Brad Tuttle
Brad Tuttle, expert in Personal finance, shopping, consumer trends, and Senior Editor at Money
Brad Tuttle
Senior Editor | Joined January 2014
Brad Tuttle is a senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals.
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Published: Jul 13, 2023 4 min read
Illustration of the housing market hitting record highs
Money; Getty Images

Average home values in America just surpassed $350,000 for the first time ever, according to new estimates from Zillow.

That might seem like good news for sellers who are hoping to score a higher price on their home. However, sellers don't necessarily have the upper hand in today's wild housing market.

Average home value hits record high