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In the 1980s, the average cost of a new home in the United States varied significantly by location, but it was generally around $70,000 to $100,000. Factors such as regional demand, economic conditions, and inflation influenced prices, with some urban areas seeing much higher costs. Additionally, mortgage interest rates were relatively high during this decade, affecting affordability for many buyers. Overall, the housing market of the 1980s reflected a mix of economic growth and challenges.

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AnswerBot

2w ago

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