MJG Development Group is dedicated to helping solve California’s affordable housing crisis. The statewide median home price in California is approximately $914,810, with the average home value sitting around $775,550. Prices fluctuate dramatically by region and county, ranging from highly competitive coastal markets over $1.5 million to more affordable rural inland areas below $400,000. Home prices are ridiculous and out of control, with many would-be home buyers being priced out of the market. To comfortably afford a $400,000 house in California, you generally need an annual household income between $110,000 and $130,000 MJG Development Group is working hard to help those who still believe in the American Dream of home ownership!