What is the average home value of an online rate shopper?
Across the United States, consumers actively shopping mortgage and home-equity rates online at FreeRateUpdate report an average property value of $350,000 over the last 12 months. This is a first-party statistic measured from real rate-shopper activity, refreshed monthly - not an estimate modeled from public listings.
Last updated July 28, 2026| United States (national average) | $350,000 (sample: 533,060 rate-shopper reports) |
|---|---|
| OH (state average) | $250,000 (sample: 20,194 rate-shopper reports) |
Window: Jul 28, 2025 - Jul 28, 2026. Want your state? Add ?state=XX to the page address.
What does this dataset measure?
Every figure is the average property value reported by consumers who were actively shopping mortgage or home-equity rates online at FreeRateUpdate during the window shown - real shopping activity, not a model. Values pass automated quality filters, and an average is only published for a geography when it has a large enough sample to be meaningful. ZIP-level averages require a minimum sample size; smaller areas roll up to their state.
How is this different from a home-price index?
Public home-price indexes estimate what homes are worth from sales records and listings. This dataset measures something different: what homeowners and buyers who are actively rate shopping say their property is worth. The difference between the two is itself informative - it reflects the profile of consumers who shop for rates online. Neither number is an appraisal of any individual property.
How often is it updated, and can I use it?
Averages are recomputed monthly over a rolling 12-month window; when a refresh date is available it is shown above. Journalists and researchers may cite these figures with attribution to FreeRateUpdate and a link to this page.