In the United States, the median home price in 1912 was $3,000, according to the U.S. Census Bureau. This is equivalent to approximately $87,000 in today's dollars. The cost of a house in 1912 could vary significantly depending on various factors such as location, size, and amenities. For instance, a modest single-family home in a rural area could be purchased for as little as $1,000, while a luxurious mansion in a major city could cost tens of thousands of dollars.