
The weighted average house value for the former 13 colonies is $239,351, considerably higher than the country's overall average of $212,635.
"It is difficult to pin down exactly why this is the case, but it likely has to do with the fact that the states that have been around since the nation's inception are still economic and cultural hubs, boasting some of the nation's largest economies, important landmarks and prestigious universities. As a result, despite their age, these areas are still attractive places for Americans to live," said a LendingTree report by Chief Economist Tendayi Kapfidze.
Consumers earning the local median income can afford average homes in each state.
On the heels of Independence Day, here's a look at housing affordability across the states occupying the nation's 13 original colonies.
The LendingTree data is ranked by most affordable states, based on local housing and income figures.

No. 14 New York
Median home price: $293,000
Likely monthly payment on median home: $1,172
Affordable monthly payment: $1,465
Monthly payment surplus: $292

No. 13 Massachusetts
Median home price: $352,600
Likely monthly payment on median home: $1,411
Affordable monthly payment: $1,731
Monthly payment surplus: $320

No. 12 Rhode Island
Median home price: $242,200
Likely monthly payment on median home: $969
Affordable monthly payment: $1,425
Monthly payment surplus: $455

No. 11 New Jersey
Median home price: $321,100
Likely monthly payment on median home: $1,285
Affordable monthly payment: $1,784
Monthly payment surplus: $500

No. 10 Delaware
Median home price: $238,600
Likely monthly payment on median home: $955
Affordable monthly payment: $1,471
Monthly payment surplus: $516

No. 9 North Carolina
Median home price: $161,000
Likely monthly payment on median home: $644
Affordable monthly payment: $1,174
Monthly payment surplus: $530

No. 8 South Carolina
Median home price: $148,600
Likely monthly payment on median home: $595
Affordable monthly payment: $1,138
Monthly payment surplus: $544

No. 7 Virginia
Median home price: $255,800
Likely monthly payment on median home: $1,024
Affordable monthly payment: $1,605
Monthly payment surplus: $581

No. 6 West Virginia
Median home price: $111,600
Likely monthly payment on median home: $447
Affordable monthly payment: $1,028
Monthly payment surplus: $582

No. 5 Georgia
Median home price: $158,400
Likely monthly payment on median home: $634
Affordable monthly payment: $1,236
Monthly payment surplus: $602

No. 4 Connecticut
Median home price: $270,100
Likely monthly payment on median home: $1,081
Affordable monthly payment: $1,722
Monthly payment surplus: $641

No. 3 Pennsylvania
Median home price: $170,500
Likely monthly payment on median home: $682
Affordable monthly payment: $1,329
Monthly payment surplus: $647

No. 2 Maryland
Median home price: $296,500
Likely monthly payment on median home: $1,186
Affordable monthly payment: $1,841
Monthly payment surplus: $655

No. 1 New Hampshire
Median home price: $244,900
Likely monthly payment on median home: $980
Affordable monthly payment: $1,664
Monthly payment surplus: $684