What would a house cost in 2030?

Aspiring homebuyers can take some steps to be in a position to afford a home in the future. Consistent savings without any compromise is the first step.

house cost
By 2030, it’s believed that a single-family home might cost nearly $382,000 or more. Aspiring homebuyers can take some steps to be in a position to afford a home in the future.

In this article

Housing prices of homes have skyrocketed way above the market value since the pandemic. So far, it’s been a housing market that has disappointed nearly all ambitious homebuyers. It is hard to believe that this happened during a pandemic — during the lockdown, people left the city and returned to their suburban homes, and it’s a time of historically low-interest rates. The question is: If the house cost are so high even during times like these, how more would it be in the future?

Over the past ten years, housing prices have increased by 48.55%. By 2030, it’s believed that a single-family house cost will be around nearly $382,000 or more and would vary from city to city. San Francisco might have the most expensive value in the country with a $2,612,484. Following that would be San Jose at $2,251,703 and Oakland at $1,713,554. In New York City the price might be $964,101. Nashville home prices might be $539,292 from the present $387,000. Houston home prices might increase to $309,806 from the present $231,326.

How can you prepare for the higher prices?

Aspiring homebuyers can take some steps to be in a position to afford a home in the future. Consistent savings without any compromise is the first step. And young people must start saving as soon as they can, as starting early would be an advantage — the more money you have, the larger the down payment would be. 

If you don’t have plans to purchase within five to 10 years, you could consider investing so that the cash’s value won’t change and beat inflation.

Some ways you can invest

Index funds

It is a low-cost strategy. The S&P 500 has been consistently yielding an average return of 10% per year. You can also open a brokerage account through a financial provider like Charles Schwab or Fidelity for getting started. 


Robo advisors like Wealthfront and Betterment will invest and rebalance your money based on your preferences automatically. It’s an easy way compared to other strategies that require more effort. You can also try Acorns, which is an investing platform that is easy to use for new investors. It also has an exciting feature that will automatically invest the spare change you have at the end of the day.

High-yield savings account

If you plan to purchase soon, saving your money in a high-yield savings account would work well. Marcus by Goldman Sachs High-Yield Savings Account or the Ally Bank High-Yield Savings Account earns interest on cash, even if you aren’t using the account often.

Some way to start saving

You need not cut off on leisure and entertainment at once but start slowly, by saving tax returns or bonuses when you’re considering the house cost. It’s highly advised to have a down payment of 10 to 20% before taking up a mortgage. You must also not forget to calculate using the future projections rate and how many months would be suitable for you. 

Let us take you through the probable plans you can employ if you want to buy a house for $400,000 in 2030. That means you have nine years to plan your saving. We’ve done the math for you. Check out our calculations below:

  • Say you’re putting your cash in a savings account with a 0.5% APY, and you’re making a 10% down payment of $40,000. You need to save around $363 a month.
  • In case you’re making a 20% down payment of $80,000 in savings account for the same 0.5%APY, you should save up at least $725 every month.
  • If you’re putting your money in an investment account instead, you need to save around $230 each month if you’re estimating 10% year-over-year returns. This amount is for a 10% down payment of $40,000.
  • Lastly, if you’re planning to make a 20% down payment of $80,000 at 10% year-on-year estimated returns in an investment account, you need to save close to $460 a month.

This page is purely informational. Line does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.



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