Searching for an opportunity at snow on Christmas Eve? It’s going to price you.
Median-priced properties in states with probably the most snow remaining December price extra on moderate, than median-priced properties in states with the least snow, consistent with a brand new LendingTree learn about.
Median house values within the 14 states that were given probably the most snow in December 2021 are a median of $56,814 greater than median house values within the states that reported not up to 0.00 inches of snow over the similar length (despite the fact that it’s nonetheless dearer to are living in Hawaii than Alaska!).
Alaska, Idaho and Utah were given probably the most blizzard remaining December.
Whilst those properties would possibly price tens of 1000’s of bucks extra, aren’t a lot more dear relative to median family earning within the country’s snowiest states.
Within the 14 states with probably the most snow remaining December, median-priced properties are a median of four.32 occasions dearer than median annual family earning.
Within the 14 states that reported 0.00 inches of snow, they’re 3.93 occasions dearer.
Median house values within the country’s snowiest states vary slightly slightly, LendingTree mentioned. Of the 14 states that reported probably the most blizzard remaining December, Washington has the best possible median house price at $485,700. Michigan has the bottom median house price at $199,100.
However the similar will also be mentioned for house values in the slightest degree snowy states—from as top as $722,500 in Hawaii to as little as $145,600 in Mississippi.