Red vs. Blue States: Which Has the Best Homes?

September 30, 2016 | Comments Off on Red vs. Blue States: Which Has the Best Homes?

Note: The states that were considered swing states (and identified as “purple” in the study) were Colorado, Florida, Iowa, Michigan, Nevada, New Hampshire, North Carolina, Ohio, Pennsylvania, Virginia, and Wisconsin.

Priciest homes: Blue states

The median home value in blue states is $301,000, about 91 percent more than some of the more conservative areas of the country. Hawaii, Washington, D.C., and California have the most expensive homes in the country. Blue states tend to have higher incomes, which can help explain the higher home prices too. The median household income in blue-dominant states is $62,564, about 23 percent more than red states ($50,820) and 13 percent higher than in swing states ($55,524).

Most home owners: Red states

Home ownership rates tend to be highest in red states, where homes tend to cost less. Nearly 68 percent households in red-leaning states are home owners compared to 63.5 percent in Democratic stronghold states and 67.8 percent in swing states. “Owning a home is more attainable in red states, because the cost difference [in home prices] is substantially more significant than the income difference,” says Jonathan Smoke, realtor.com’s chief economist. “[And] you also get more in terms of space.”

The biggest homes: Red states

Land tends to be cheapest in the South and in rural America, which tend to be red-leaning states. The median red-state listing is about 2,000 square feet, about 210 square feet larger than a blue-leaning state and 100 square feet bigger than in swing states.

The most second-home owners: Blue states

Residents in blue states are 14 percent more likely to own a second home as well as 9 percent more likely to own real estate as an investment.

Source: “Red vs. Blue States: What 8 Housing Differences Can Tell Us About the Election,” realtor.com® (Sept. 26, 2016)


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