Data Analysis - Average Cost of Houses

Activity Description

In this worksheet, students will analyze the average cost of houses in 2023 across different states in the United States and examine the change in median home prices in the USA from 1980 to 2023. Through this activity, students will gain an understanding of the need for mortgages and their importance in making homeownership accessible.

Take a look at our home loan lab, a full-fledged home loan course that features a variety of interactive activities and resources - home loan lab

Learning Objective

The learning objectives of this activity are to enhance students' data analysis skills by interpreting and analyzing data from tables and graphs, helping them identify trends and patterns in housing costs over time. Students will also gain an understanding of regional differences in housing costs, learning to compare and contrast average housing costs across various states. Additionally, students will understand that housing costs are very high compared to other expenses and have a big impact on their personal finances.

Teacher Tips