Maybe not one year, but it looks like a median home in the US in 1965 cost around 6 years of a median income.

In the 1854 book Walden by Thoreau, he gives a pessimistic account of how long it would take to afford a property in a town, that is still less than today:

An average house in this neighborhood costs perhaps eight hundred dollars, and to lay up this sum will take from ten to fifteen years of the laborer’s life, even if he is not encumbered with a family- estimating the pecuniary value of every man’s labor at one dollar a day, for if some receive more, others receive less

Although he goes on to describe building his own more remote cabin for $28.

Something is very, very wrong with incomes and housing prices currently that wasn’t as bad a problem in the past.