Median home sale price · 1988 Verified
$110,000in April 1988 — about $313,704 in today's money.
- Price in 1988$110,000
- Same money today$313,704
- Actual price now · January 2026$403,200
- Change since 1988+267%
Priced in working time
- Work to buy in 1988 · the federal minimum wage was $3.35/hour32,836 hours
- Work to buy today · at $7.25/hour (2026)55,614 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 1988; we have not adjusted the figure.
- Source
- U.S. Bureau of Labor Statistics via FRED. Public domain.
- Series
- MSPUS
- Observed
- April 1988
- Coverage
- January 1963 – January 2026
- Adjusted by
- CPIAUCNS · 117.1 → 333.952 (June 2026)
- License
- Public domain