Price of a House
Price in 1970: $25,000
Price today: $407,300
Back in 1970, you only needed $25,000 to live the American dream and own your own home. Since the late 1960s, though, the real estate market has endured many ups and downs, and today home prices continue to rise. The price of a new house in 1970, adjusted for inflation in 2018, would be $163,933.20, but the average actual price in 2018 is $407,300.