US real estate investing data by state

Updated 2026-11-09 · 51 states and DC · 3,144 counties

The cost of holding a property changes sharply by location, and those costs decide whether a flip or rental works. Average homeowners insurance ranged from $923 a year in Wisconsin to $3,027 in Louisiana in 2023. This table compares the median county in each state using official Census (2019-2023), HUD, NAIC and FHFA figures. Open a state for every county.

StateMedian tax rateMedian home valueMedian rentAvg. insurance / yrPrice growth / yr, 5 yrCounties
Alabama0.33%$142,500$762$1,9068.2%67
Alaska0.72%$274,050$1,243$1,2166.3%30
Arizona0.54%$216,100$983$1,1949.3%15
Arkansas0.53%$122,600$727$1,8708.3%75
California0.70%$453,950$1,528$1,6556.3%58
Colorado0.39%$358,350$1,110$2,4928.1%64
Connecticut1.80%$311,700$1,351$2,03610.1%9
Delaware0.46%$329,800$1,285$1,1968.4%3
District of Columbia0.58%$724,600$1,900$1,5452.4%1
Florida0.74%$254,300$1,230$2,7799.9%67
Georgia0.89%$161,000$847$1,82810.2%159
Hawaii0.25%$838,250$1,810$1,5499.0%5
Idaho0.50%$281,950$877$1,13510.4%44
Illinois1.85%$126,000$793$1,4807.6%102
Indiana0.68%$171,400$850$1,2599.3%92
Iowa1.34%$148,600$800$1,3427.5%99
Kansas1.55%$118,700$758$1,7338.4%105
Kentucky0.72%$138,300$756$1,5259.0%120
Louisiana0.42%$150,850$806$3,0274.6%64
Maine1.12%$225,950$968$1,15011.3%16
Maryland0.94%$357,700$1,369$1,5787.6%24
Massachusetts1.10%$544,450$1,484$2,1348.9%14
Michigan1.13%$167,600$845$1,11010.3%83
Minnesota0.99%$221,100$873$1,9887.7%87
Mississippi0.73%$114,900$756$2,0296.7%82
Missouri0.74%$156,400$754$1,5899.3%115
Montana0.71%$214,750$801$1,76810.7%56
Nebraska1.26%$146,300$772$2,1428.6%93
Nevada0.51%$274,200$1,126$1,0138.0%17
New Hampshire1.93%$331,500$1,256$1,30011.2%10
New Jersey2.20%$395,000$1,553$1,55110.7%21
New Mexico0.55%$160,800$810$1,4908.8%33
New York2.18%$179,500$943$1,8019.3%62
North Carolina0.69%$205,300$860$1,85210.2%100
North Dakota0.93%$149,600$756$1,4146.2%53
Ohio1.08%$173,050$833$1,1169.1%88
Oklahoma0.63%$135,800$811$2,4868.0%77
Oregon0.76%$369,300$1,140$1,0038.1%36
Pennsylvania1.29%$193,100$868$1,2177.9%67
Rhode Island1.37%$468,000$1,303$2,39610.6%5
South Carolina0.53%$158,600$878$1,75310.0%46
South Dakota1.08%$156,450$730$1,6148.6%66
Tennessee0.50%$186,300$804$1,64911.3%95
Texas1.25%$158,050$928$2,8648.3%254
Utah0.49%$350,900$1,018$1,1079.7%29
Vermont1.70%$266,250$1,092$1,21510.5%14
Virginia0.63%$240,900$1,043$1,5378.9%133
Washington0.79%$370,500$1,119$1,2328.5%39
West Virginia0.48%$135,800$753$1,1797.2%55
Wisconsin1.45%$209,350$860$92310.0%72
Wyoming0.57%$260,400$913$1,8538.1%23

Medians are of county figures, not weighted by population. Estimates only; verify taxes and insurance for the specific property.

City markets