US Home Prices in 1974 Adjusted for Inflation

The average sale price for a home in the United States was $38725 in 1974. How much is that worth in current dollars when taking inflation into account? How much would an average home bought in 1974 be worth now adjusted for inflation? The average sale price was $38725 in 1974.
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$38,725 from 1974 to 2024 adjusted for inflation. We use the Consumer Price Index provided by the Bureau of Labor Statistics. They aggregate prices over time to determine the CPI.
How much is 38,725 in 1974 worth in current dollars?
What was the rate of inflation since 1974 on 38,725?
How has the cost of living changed since 1974?
What was the value of $38,725 in 1974? Every year, the US dollar is usually worth less due to inflation. We calculate what $38,725 in 1974 is worth now.