✪ Late 1700s—In early colonial times, a simple log cabin could be built for less than $50 if the homeowner built it himself. In rural towns, a modest home could be bought for $300–$800, while a more upscale city house could be $1,000–$2,500.
✪ Early 1800s—Craftsmen started plying their trade more, building homes for families that could go up to $3,000–$4,000 for a substantial house in an urban area.
✪ Late 1800s—Although grand mansions existed at this time, most homeowners lived in modest structures of about $4,000–$5,000, but after the Civil War, urbanization accelerated, with some bigger homes going upward of $10,000.
✪ Early 1900s—In the 1920s, the average home price had increased to about $6,000–$7,000. However, when the Great Depression hit, many lost their homes.
✪ Mid-1900s—After World War…
