I would like to see stats on that because the Medicaid asset test excludes $636k of one’s home value.

https://www.medicaidlongtermcare.org/basics/home-ownership-i...

Interestingly in some states it's even higher than $636k!

However, I think you're on the nose with the long term care facilities. Medicaid will only pay 100% of any nursing home care (high end or low end) if your countable assets are $2500 or less. Additionally, Medicaid considers your income going back 5 years in order to determine eligibility, so selling (or putting into a trust) sooner rather than later can make sense for a lot of people. https://www.webmd.com/health-insurance/features/when-how-muc...