CruxHome Average Land Calculation with Data from: Lincoln Institute of Land - Land and Property Values in the U.S.
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1
Averages
2
All values, costs, and indexes are in current dollars (nominals)
Structure
Cost
Land
Value
% Cost
of Land
3
STATEDateHome Value
Structure Cost
Land Value
Land Share (Pct)
Home Price Index
Land Price Index
$190,271$103,37627.20%
4
1AL
2015Q2
$190,092$171,133$18,95910.00%1.7021.095$171,133$18,95910.00%
5
1AL
2015Q3
$192,155$171,945$20,21010.50%1.721.168$171,945$20,21010.50%
6
1AL
2015Q4
$194,063$173,452$20,61110.60%1.7371.192$173,452$20,61110.60%
7
1AL
2016Q1
$195,946$175,061$20,88610.70%1.7541.209$175,061$20,88610.70%
8
2AK
2015Q2
$240,392$222,959$17,4337.30%1.5820.342$222,959$17,4337.30%
9
2AK
2015Q3
$241,546$224,017$17,5297.30%1.590.344$224,017$17,5297.30%
10
2AK
2015Q4
$242,484$225,977$16,5076.80%1.5960.325$225,977$16,5076.80%
11
2AK
2016Q1
$243,292$228,064$15,2286.30%1.6010.3$228,064$15,2286.30%
12
3AZ
2015Q2
$293,110$203,967$89,14230.40%1.8220.168$203,967$89,14230.40%
13
3AZ
2015Q3
$298,795$205,155$93,64031.30%1.8580.177$205,155$93,64031.30%
14
3AZ
2015Q4
$304,527$207,182$97,34532.00%1.8930.185$207,182$97,34532.00%
15
3AZ
2016Q1
$310,230$209,341$100,88932.50%1.9290.192$209,341$100,88932.50%
16
4AR
2015Q2
$179,070$158,990$20,07911.20%1.8551.384$158,990$20,07911.20%
17
4AR
2015Q3
$181,428$159,751$21,67611.90%1.8791.496$159,751$21,67611.90%
18
4AR
2015Q4
$183,748$161,159$22,58912.30%1.9031.56$161,159$22,58912.30%
19
4AR
2016Q1
$186,002$162,662$23,34112.50%1.9261.614$162,662$23,34112.50%
20
5CA
2015Q2
$632,995$252,003$380,99260.20%2.1092.356$252,003$380,99260.20%
21
5CA
2015Q3
$644,636$253,827$390,80960.60%2.1482.42$253,827$390,80960.60%
22
5CA
2015Q4
$656,506$256,692$399,81460.90%2.1872.48$256,692$399,81460.90%
23
5CA
2016Q1
$668,486$259,726$408,76061.10%2.2272.54$259,726$408,76061.10%
24
6CO
2015Q2
$362,154$214,561$147,59240.80%1.7161.719$214,561$147,59240.80%
25
6CO
2015Q3
$371,260$216,043$155,21741.80%1.7591.814$216,043$155,21741.80%
26
6CO
2015Q4
$380,250$218,419$161,83142.60%1.8011.897$218,419$161,83142.60%
27
6CO
2016Q1
$389,276$220,944$168,33143.20%1.8441.979$220,944$168,33143.20%
28
7CT
2015Q2
$350,193$214,441$135,75238.80%1.4421.056$214,441$135,75238.80%
29
7CT
2015Q3
$350,684$215,538$135,14738.50%1.4441.052$215,538$135,14738.50%
30
7CT
2015Q4
$351,266$217,505$133,76138.10%1.4461.042$217,505$133,76138.10%
31
7CT
2016Q1
$351,944$219,599$132,34537.60%1.4491.032$219,599$132,34537.60%
32
8DE
2015Q2
$371,079$225,147$145,93339.30%2.363.654$225,147$145,93339.30%
33
8DE
2015Q3
$376,931$226,456$150,47539.90%2.3973.774$226,456$150,47539.90%
34
8DE
2015Q4
$382,771$228,687$154,08440.30%2.4343.872$228,687$154,08440.30%
35
8DE
2016Q1
$388,663$231,060$157,60340.60%2.4723.967$231,060$157,60340.60%
36
9DC
2015Q2
$922,326$199,578$722,74878.40%3.5244.393$199,578$722,74878.40%
37
9DC
2015Q3
$930,133$202,198$727,93578.30%3.5544.434$202,198$727,93578.30%
38
9DC
2015Q4
$932,790$205,639$727,15078.00%3.5644.44$205,639$727,15078.00%
39
9DC
2016Q1
$932,435$209,208$723,22777.60%3.5634.426$209,208$723,22777.60%
40
10FL
2015Q2
$281,733$203,915$77,81827.60%1.9171.891$203,915$77,81827.60%
41
10FL
2015Q3
$289,062$204,953$84,11029.10%1.9672.046$204,953$84,11029.10%
42
10FL
2015Q4
$296,675$206,825$89,85030.30%2.0192.188$206,825$89,85030.30%
43
10FL
2016Q1
$304,481$208,825$95,65631.40%2.0722.331$208,825$95,65631.40%
44
11GA
2015Q2
$214,972$167,726$47,24622.00%1.4610.031$167,726$47,24622.00%
45
11GA
2015Q3
$218,732$168,619$50,11422.90%1.4870.033$168,619$50,11422.90%
46
11GA
2015Q4
$222,416$170,199$52,21823.50%1.5120.034$170,199$52,21823.50%
47
11GA
2016Q1
$226,050$171,883$54,16724.00%1.5370.035$171,883$54,16724.00%
48
12HI
2015Q2
$973,430$279,753$693,67771.30%2.953.917$279,753$693,67771.30%
49
12HI
2015Q3
$991,739$281,693$710,04671.60%3.0064.014$281,693$710,04671.60%
50
12HI
2015Q4
$1,011,016$284,787$726,22971.80%3.0644.109$284,787$726,22971.80%
51
12HI
2016Q1
$1,030,081$288,066$742,01572.00%3.1224.202$288,066$742,01572.00%
52
13ID
2015Q2
$292,922$200,294$92,62731.60%2.1614.066$200,294$92,62731.60%
53
13ID
2015Q3
$300,400$201,431$98,96932.90%2.2164.353$201,431$98,96932.90%
54
13ID
2015Q4
$308,043$203,394$104,64834.00%2.2734.613$203,394$104,64834.00%
55
13ID
2016Q1
$315,583$205,489$110,09434.90%2.3284.863$205,489$110,09434.90%
56
14IL
2015Q2
$245,798$218,323$27,47511.20%1.4640.535$218,323$27,47511.20%
57
14IL
2015Q3
$248,173$219,357$28,81611.60%1.4780.561$219,357$28,81611.60%
58
14IL
2015Q4
$250,597$221,278$29,31911.70%1.4930.571$221,278$29,31911.70%
59
14IL
2016Q1
$253,097$223,329$29,76811.80%1.5080.581$223,329$29,76811.80%
60
15IN
2015Q2
$202,745$174,325$28,42014.00%1.731.682$174,325$28,42014.00%
61
15IN
2015Q3
$205,837$175,160$30,67714.90%1.7561.817$175,160$30,67714.90%
62
15IN
2015Q4
$208,970$176,704$32,26615.40%1.7831.913$176,704$32,26615.40%
63
15IN
2016Q1
$212,142$178,353$33,78815.90%1.812.005$178,353$33,78815.90%
64
16IA
2015Q2
$169,757$152,203$17,55410.30%1.7110.544$152,203$17,55410.30%
65
16IA
2015Q3
$171,947$152,921$19,02611.10%1.7330.59$152,921$19,02611.10%
66
16IA
2015Q4
$174,204$154,259$19,94611.40%1.7560.619$154,259$19,94611.40%
67
16IA
2016Q1
$176,476$155,686$20,79011.80%1.7790.645$155,686$20,79011.80%
68
17KS
2015Q2
$176,988$157,097$19,89111.20%1.6681.14$157,097$19,89111.20%
69
17KS
2015Q3
$179,358$157,849$21,50912.00%1.691.234$157,849$21,50912.00%
70
17KS
2015Q4
$181,737$159,240$22,49712.40%1.7131.292$159,240$22,49712.40%
71
17KS
2016Q1
$184,068$160,726$23,34212.70%1.7351.342$160,726$23,34212.70%
72
18KY
2015Q2
$182,939$164,360$18,57910.20%1.6880.349$164,360$18,57910.20%
73
18KY
2015Q3
$185,455$165,139$20,31511.00%1.7110.382$165,139$20,31511.00%
74
18KY
2015Q4
$188,014$166,587$21,42711.40%1.7350.403$166,587$21,42711.40%
75
18KY
2016Q1
$190,532$168,134$22,39811.80%1.7580.422$168,134$22,39811.80%
76
19LA
2015Q2
$188,611$168,063$20,54810.90%1.7161.201$168,063$20,54810.90%
77
19LA
2015Q3
$190,995$168,871$22,12411.60%1.7381.295$168,871$22,12411.60%
78
19LA
2015Q4
$193,432$170,362$23,06911.90%1.761.352$170,362$23,06911.90%
79
19LA
2016Q1
$195,901$171,955$23,94612.20%1.7831.405$171,955$23,94612.20%
80
20ME
2015Q2
$226,438$183,101$43,33719.10%1.741.324$183,101$43,33719.10%
81
20ME
2015Q3
$228,624$183,943$44,68119.50%1.7561.365$183,943$44,68119.50%
82
20ME
2015Q4
$230,808$185,529$45,28019.60%1.7731.383$185,529$45,28019.60%
83
20ME
2016Q1
$232,980$187,222$45,75719.60%1.791.397$187,222$45,75719.60%
84
21MD
2015Q2
$387,048$201,434$185,61448.00%2.0552.321$201,434$185,61448.00%
85
21MD
2015Q3
$390,073$202,597$187,47648.10%2.0712.347$202,597$187,47648.10%
86
21MD
2015Q4
$393,278$204,581$188,69848.00%2.0882.365$204,581$188,69848.00%
87
21MD
2016Q1
$396,660$206,687$189,97347.90%2.1062.384$206,687$189,97347.90%
88
22MA
2015Q2
$349,890$222,930$126,96036.30%1.431.051$222,930$126,96036.30%
89
22MA
2015Q3
$352,577$224,134$128,44336.40%1.4411.065$224,134$128,44336.40%
90
22MA
2015Q4
$355,314$226,245$129,06936.30%1.4531.071$226,245$129,06936.30%
91
22MA
2016Q1
$358,075$228,490$129,58536.20%1.4641.077$228,490$129,58536.20%
92
23MI
2015Q2
$191,446$147,064$44,38123.20%1.3090.002$147,064$44,38123.20%
93
23MI
2015Q3
$194,888$147,720$47,16824.20%1.3330.002$147,720$47,16824.20%
94
23MI
2015Q4
$198,405$148,972$49,43224.90%1.3570.002$148,972$49,43224.90%
95
23MI
2016Q1
$201,966$150,310$51,65725.60%1.3810.002$150,310$51,65725.60%
96
24MN
2015Q2
$207,901$177,743$30,15814.50%1.4470.027$177,743$30,15814.50%
97
24MN
2015Q3
$210,687$178,602$32,08615.20%1.4660.028$178,602$32,08615.20%
98
24MN
2015Q4
$213,664$180,184$33,48015.70%1.4870.03$180,184$33,48015.70%
99
24MN
2016Q1
$216,721$181,873$34,84816.10%1.5080.031$181,873$34,84816.10%
100
25MS
2015Q2
$166,568$151,750$14,8188.90%1.7370.278$151,750$14,8188.90%
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