Skip to content

All of our locations will be closed on Monday, Sept. 1, in celebration of Labor Day. Remember, you can bank anytime, anywhere with online and mobile banking.

Buying or building a home? We offer a variety of mortgage loans with terms that fit your financial needs. 
Loans subject to credit approval. NMLS #406389

Get Started 863-222-7005

Chart of the Day: Real Estate Down 5%, but Still Up 40%

$292,710 is the current, average price of a single-family home in the U.S.

Contents

Today's Chart of the Day is of the S&P CoreLogic Case-Shiller Home Price Index published yesterday, March 28.The index figure of 292.71, indicates that $292,710 is the current, average price of a single-family home in the U.S.

This shows the seventh straight month of declining prices, down 5% from its peak in June 2022, and that prices are still 40% higher from the start of the COVID- 19 pandemic three years ago.

However, running the chart back 20 years adds some additional perspective.