The cost of living has gone up but proportionately a house in most parts of the country costs the same as it does in 1954. The only exceptions are California and New York where most homes sell in the 500K range. The national median is $220K.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
Yep. If you calculate by square footage houses are about the same as they were back then.