Average home sale price · 1978 Verified
$61,600in April 1978 — about $321,932 in today's money.
- Price in 1978$61,600
- Same money today$321,932
- Actual price now · January 2026$514,600
- Change since 1978+735%
Priced in working time
- Work to buy in 1978 · the federal minimum wage was $2.65/hour23,245 hours
- Work to buy today · at $7.25/hour (2026)70,979 hours
Observed price divided by the observed wage for the same year — nothing here is back-cast. See the minimum wage record →
Price history
Record & method
This is an observed price. The U.S. Bureau of Labor Statistics recorded it in April 1978; we have not adjusted the figure.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- ASPUS
- Observed
- April 1978
- Coverage
- January 1963 – January 2026
- Adjusted by
- CPIAUCNS · 63.9 → 333.952 (June 2026)
- License
- Public domain