Emily Hanford-Ostmann is an Emmy-nominated producer and graduate of the E.W. Scripps School of Journalism at Ohio University.
A lot has changed in the past five years, including the value of your home. In fact, every square foot in your home is worth much more today compared to 2019.
"Between the challenge of high prices and high mortgage rates, it's really expensive to buy a home," said Danielle Hale, chief economist with Realtor.com. According to the report, the median list price of homes for sale is up 37.5% compared to May 2019, five years ago. The price per square foot shot up more than 52% during the same time.
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