The number of housing units in the United States has grown year-on-year and in 2024, there were approximately *** million homes. That was an increase of about one percent from the previous year. Homeownership in the U.S. Most of the housing stock in the U.S. is owner-occupied, meaning that the person who owns the home uses it as a primary residence. Homeownership is an integral part of the American Dream, with about *** in ***** Americans living in an owner-occupied home. For older generations, the homeownership rate is even higher, showing that buying a home is an important milestone in life. Housing transactions slowing down During the coronavirus pandemic, the U.S. experienced a housing market boom and witnessed an increase in the number of homes sold. Since 2020, when the market peaked, new homes transactions have slowed down and so have the sales of existing homes. That has affected the development of home prices, with several states across the country experiencing a decline in house prices.

The number of U.S. home sales in the United States declined in 2024, after soaring in 2021. A total of four million transactions of existing homes, including single-family, condo, and co-ops, were completed in 2024, down from 6.12 million in 2021. According to the forecast, the housing market is forecast to head for recovery in 2025, despite transaction volumes expected to remain below the long-term average. Why have home sales declined? The housing boom during the coronavirus pandemic has demonstrated that being a homeowner is still an integral part of the American dream. Nevertheless, sentiment declined in the second half of 2022 and Americans across all generations agreed that the time was not right to buy a home. A combination of factors has led to house prices rocketing and making homeownership unaffordable for the average buyer. A survey among owners and renters found that the high home prices and unfavorable economic conditions were the two main barriers to making a home purchase. People who would like to purchase their own home need to save up a deposit, have a good credit score, and a steady and sufficient income to be approved for a mortgage. In 2022, mortgage rates experienced the most aggressive increase in history, making the total cost of homeownership substantially higher. Are U.S. home prices expected to fall? The median sales price of existing homes stood at 413,000 U.S. dollars in 2024 and was forecast to increase slightly until 2026. The development of the S&P/Case Shiller U.S. National Home Price Index shows that home prices experienced seven consecutive months of decline between June 2022 and January 2023, but this trend reversed in the following months. Despite mild fluctuations throughout the year, home prices in many metros are forecast to continue to grow, albeit at a much slower rate.

In 2018, there were ****** million homes in the United States, and this number is set to reach ****** million by 2023.

Housing Starts in the United States decreased to 1256 Thousand units in May from 1392 Thousand units in April of 2025. This dataset provides the latest reported value for - United States Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Housing Inventory: Median Home Size in Square Feet in the United States (MEDSQUFEEUS) from Jul 2016 to Jun 2025 about square feet, median, and USA.

Existing Home Sales in the United States increased to 4030 Thousand in May from 4000 Thousand in April of 2025. This dataset provides the latest reported value for - United States Existing Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

No of Housing Unit: Georgia data was reported at 4,282,106.000 Unit in 2017. This records an increase from the previous number of 4,236,284.000 Unit for 2016. No of Housing Unit: Georgia data is updated yearly, averaging 4,049,890.000 Unit from Jun 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 4,282,106.000 Unit in 2017 and a record low of 3,305,925.000 Unit in 2000. No of Housing Unit: Georgia data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EB012: Number of Housing Units: By States.

New Home Sales in the United States decreased to 623 Thousand units in May from 722 Thousand units in April of 2025. This dataset provides the latest reported value for - United States New Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Total Housing Inventory in the United States increased to 1540 Thousands in May from 1450 Thousands in April of 2025. This dataset includes a chart with historical data for the United States Total Housing Inventory.

United States Number of Housing Unit: Northeast data was reported at 24,343.000 Unit th in Sep 2018. This records an increase from the previous number of 24,317.000 Unit th for Jun 2018. United States Number of Housing Unit: Northeast data is updated quarterly, averaging 22,883.000 Unit th from Mar 1992 (Median) to Sep 2018, with 107 observations. The data reached an all-time high of 24,343.000 Unit th in Sep 2018 and a record low of 21,842.000 Unit th in Mar 1992. United States Number of Housing Unit: Northeast data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.EB011: Number of Housing Units.

Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q1 2025 about sales, housing, and USA.

How many households are in the U.S.?

In 2023, there were 131.43 million households in the United States. This is a significant increase from 1960, when there were 52.8 million households in the U.S.

What counts as a household?

According to the U.S. Census Bureau, a household is considered to be all persons living within one housing unit. This includes apartments, houses, or single rooms, and consists of both related and unrelated people living together. For example, two roommates who share a living space but are not related would be considered a household in the eyes of the Census. It should be noted that group living quarters, such as college dorms, are not counted as households in the Census.

Household changes

While the population of the United States has been increasing, the average size of households in the U.S. has decreased since 1960. In 1960, there was an average of 3.33 people per household, but in 2023, this figure had decreased to 2.51 people per household. Additionally, two person households make up the majority of American households, followed closely by single-person households.

Graph and download economic data for Monthly Supply of New Houses in the United States (MSACSR) from Jan 1963 to May 2025 about supplies, new, housing, and USA.

United States Number of Housing Unit data was reported at 138,585.000 Unit th in Sep 2018. This records an increase from the previous number of 138,313.000 Unit th for Jun 2018. United States Number of Housing Unit data is updated quarterly, averaging 107,569.000 Unit th from Mar 1965 (Median) to Sep 2018, with 215 observations. The data reached an all-time high of 138,585.000 Unit th in Sep 2018 and a record low of 63,668.000 Unit th in Mar 1965. United States Number of Housing Unit data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.EB011: Number of Housing Units. Series Remarks Data for 1979 Q1 to Q4 was revised to reflect changes made in 1980. Data for 1989 Q1 to Q4 was revised to include year-round vacant mobile homes. Data for 1993 Q1 to Q4 was revised based on the 1990 Census. Data for 2002 Q1 to Q4 was revised based on the 2000 Census.

United States Number of Housing Unit: Florida data was reported at 9,441,153.000 Unit in 2017. This records an increase from the previous number of 9,338,805.000 Unit for 2016. United States Number of Housing Unit: Florida data is updated yearly, averaging 8,832,484.000 Unit from Jun 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 9,441,153.000 Unit in 2017 and a record low of 7,340,246.000 Unit in 2000. United States Number of Housing Unit: Florida data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EB012: Number of Housing Units: By States.

The largest share of the housing stock in the United States as of 2021 was built between 1975 and 1979. There were 18.5 million homes built during this period, whereas the homes built between 2016 and 2019 were less than six million.

Graph and download economic data for Housing Inventory Estimate: Occupied Housing Units in the United States (EOCCUSQ176N) from Q2 2000 to Q1 2025 about inventories, housing, and USA.

Graph and download economic data for Homeownership Rate in the United States (RHORUSQ156N) from Q1 1965 to Q1 2025 about homeownership, housing, rate, and USA.

Graph and download economic data for Median Number of Months on Sales Market for Newly Completed Homes (MNMFS) from Jan 1975 to May 2025 about sales, median, housing, and USA.

United States Number of Housing Unit: Vacant: Year Round data was reported at 13,220.000 Unit th in Sep 2018. This records an increase from the previous number of 13,103.000 Unit th for Jun 2018. United States Number of Housing Unit: Vacant: Year Round data is updated quarterly, averaging 9,099.000 Unit th from Mar 1965 (Median) to Sep 2018, with 215 observations. The data reached an all-time high of 14,491.000 Unit th in Jun 2010 and a record low of 4,255.000 Unit th in Dec 1970. United States Number of Housing Unit: Vacant: Year Round data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.EB011: Number of Housing Units. Series Remarks Data for 1979 Q1 to Q4 was revised to reflect changes made in 1980. Data for 1989 Q1 to Q4 was revised to include year-round vacant mobile homes. Data for 1993 Q1 to Q4 was revised based on the 1990 Census. Data for 2002 Q1 to Q4 was revised based on the 2000 Census.