Study Finds Racial Disparity in Prices Paid for Similar Homes

hudimgA study by economists at Duke University finds that Blacks and other minorities tend to pay higher prices for homes than Whites who buy similar real estate. The study examined more than 2 million real estate transactions between 1990 and 2008. In comparing transactions for similar homes in the same neighborhoods, the data shows that Blacks spent between 3 percent and 4 percent more than Whites. While it may seem like a small percent, when the transactions are for six-figure real estate deals, the dollar differences can be large.

The study also found wide disparities depending on the cities where the transactions took place. Blacks paid 5.5 percent more than Whites for similar houses in the same neighborhoods of Chicago. But in California, the differences were about 1 percent.

Related Articles


Leave a Reply

Get the JBHE Weekly Bulletin

Receive our weekly email newsletter delivered to your inbox

Latest News

Alcorn State University Announces Unique STEM-Focused MBA Degree Program

The new STEM-MBA program at Alcorn State, the first of its kind in the state of Mississippi, will prepare students to become business leaders in STEM industries through courses on foundational STEM and business concepts, as well as data analysis and strategic decision-making.

Five Black Women Who Have Been Appointed to Dean Positions at Universities Across the United States

Here is this week’s roundup of African Americans who have been appointed to dean positions at universities throughout the United States. If you have news for our appointments section, please email the information to

PNC Partners With Howard University to Empower Black Entrepreneurship

The Howard University and PNC National Center for Entrepreneurship aims to support and educate Black entrepreneurs from across the country. The collaborative initiative includes three other HBCU partners: Morgan State University, Clark Atlanta University, and Texas Southern University.

Saida Grundy Wins Race, Gender, and Class Book Award From the American Sociology Association

Dr. Grundy's book, Respectable: Politics and Paradox in Making the Morehouse Man, explores the culture and experiences of graduates from Morehouse College in Atlanta, the country's only historically Black college for men.

Featured Jobs