In 2018, the average home size in the United States was 6,295 square feet, and the size of the average home is set to fall to 6,121 square feet by 2023.
In 2017, Australia had the largest homes out of the countries surveyed. Australian homes measured, on average, 2,032 square feet, and were closely followed by U.S. homes at 1,901 square feet. Canadian homes were also quite large at 1,792 square feet.
In 2023, the average size of a single-family home built for sale in the United States amounted to 2,514 square feet. Although in the past five years American homes have been shrinking, since 1975, they have almost doubled in size. This trend towards larger homes seems illogical given that the average size of families has shrunk over the same period. Why are American homes so large? Homes in the U.S. are among the largest in the world, only surpassed by Australia. There are thought to be several reasons for this, including the concentration of wealth in the country, and the deeply engrained driving culture which means that cheaper land outside city centers is easily accessible. Where are the largest homes located? The size of homes also varies regionally, with the largest homes being located in wealthy, urban areas and in the South. Large homes, or McMansions as they’re often called, are especially popular in Texas. In 2023, Milwaukee and Omaha had the largest average home size.
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Average house prices are derived from data supplied by the mortgage lending agencies on loans approved by them rather than loans paid. In comparing house prices figures The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Figure changed on the 27/6/16 as revised data received from the Local authority Prices include houses and apartments measured in €
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Graph and download economic data for Housing Inventory: Median Home Size in Square Feet in Alaska (MEDSQUFEEAK) from Jul 2016 to Feb 2025 about AK, square feet, median, and USA.
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Graph and download economic data for Housing Inventory: Median Home Size in Square Feet in Madison, WI (CBSA) (MEDSQUFEE31540) from Jul 2016 to Feb 2025 about Madison, square feet, WI, median, and USA.
In 2023, the average usable floor area in Poland was nearly 131 square meters in single-family buildings, with the fewest floor area being built in houses in urban areas.
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Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Denver-Aurora-Lakewood, CO (CBSA) (MEDLISPRIPERSQUFEE19740) from Jul 2016 to Feb 2025 about Denver, square feet, CO, listing, median, price, and USA.
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This dataset provides values for AVERAGE HOUSE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
VITAL SIGNS INDICATOR Home Prices (EC7)
FULL MEASURE NAME Home Prices
LAST UPDATED August 2019
DESCRIPTION Home prices refer to the cost of purchasing one’s own house or condominium. While a significant share of residents may choose to rent, home prices represent a primary driver of housing affordability in a given region, county or city.
DATA SOURCE Zillow Median Sale Price (1997-2018) http://www.zillow.com/research/data/
Bureau of Labor Statistics: Consumer Price Index All Urban Consumers Data Table (1997-2018; specific to each metro area) http://data.bls.gov
CONTACT INFORMATION vitalsigns.info@bayareametro.gov
METHODOLOGY NOTES (across all datasets for this indicator) Median housing price estimates for the region, counties, cities, and zip code come from analysis of individual home sales by Zillow. The median sale price is the price separating the higher half of the sales from the lower half. In other words, 50 percent of home sales are below or above the median value. Zillow defines all homes as single-family residential, condominium, and co-operative homes with a county record. Single-family residences are detached, which means the home is an individual structure with its own lot. Condominiums are units that you own in a multi-unit complex, such as an apartment building. Co-operative homes are slightly different from condominiums where the homeowners own shares in the corporation that owns the building, not the actual units themselves.
For metropolitan area comparison values, the Bay Area metro area’s median home sale price is the population-weighted average of the nine counties’ median home prices. Home sales prices are not reliably available for Houston, because Texas is a non-disclosure state. For more information on non-disclosure states, see: http://www.zillow.com/blog/chronicles-of-data-collection-ii-non-disclosure-states-3783/
Inflation-adjusted data are presented to illustrate how home prices have grown relative to overall price increases; that said, the use of the Consumer Price Index does create some challenges given the fact that housing represents a major chunk of consumer goods bundle used to calculate CPI. This reflects a methodological tradeoff between precision and accuracy and is a common concern when working with any commodity that is a major component of CPI itself.
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Graph and download economic data for Housing Inventory: Median Home Size in Square Feet in Hawaii County, HI (MEDSQUFEE15001) from Jul 2016 to Feb 2025 about Hawaii County, HI; HI; square feet; median; and USA.
Average house prices are derived from data supplied by the mortgage lending agencies on loans approved by them rather than loans paid. In comparing house prices figures from one period to another, account should be taken of the fact that changes in the mix of houses (incl apartments) will affect the average figures. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Measured in €
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Graph and download economic data for Housing Inventory: Median Home Size in Square Feet in Texas (MEDSQUFEETX) from Jul 2016 to Feb 2025 about square feet, TX, median, and USA.
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Average house prices are derived from data supplied by the mortgage lending agencies on loans approved by them rather than loans paid. In comparing house prices figures from one period to another, account should be taken of the fact that changes in the mix of houses (incl apartments) will affect the average figures. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. National and Other Areas figure changed for 2015Q4 on 27/6/15 as revised data received from Local Authorities (includes houses and apartments measured in €)
In 2023, the median size of a multifamily housing unit in the United States was 1,006 square feet. Multifamily housing units include apartment complexes, condominiums, duplexes, and lofts. Single family housing units are typically more than double the size of multifamily units.
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New Privately Owned Housing Starts Average Square Feet of Floor Area for One-Family Units in the West Census Region was 2497.00000 Thous. of Units in July of 2021, according to the United States Federal Reserve. Historically, New Privately Owned Housing Starts Average Square Feet of Floor Area for One-Family Units in the West Census Region reached a record high of 2700.00000 in July of 2014 and a record low of 2233.00000 in January of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for New Privately Owned Housing Starts Average Square Feet of Floor Area for One-Family Units in the West Census Region - last updated from the United States Federal Reserve on March of 2025.
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House Price Index YoY in the United States remained unchanged at 4.80 percent in January. This dataset includes a chart with historical data for the United States FHFA House Price Index YoY.
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The dataset contains NSS 78th round compiled data on Average Floor Area of living and other rooms and Average Number of Rooms in a House or Flat Constructed or Purchased for the First Time after 31.03.2014 and Owned at the time of NSO Survey
The average residential property sold in North-East Italy measured 114.5 square meters in 2023. With an average size of 101.3 square meters, properties sold/purchased in the North-West of the country were the smallest. Moreover, properties in Central Italy measured on average 105.4 square meters.
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New Privately Owned Housing Starts Average Square Feet of Floor Area for One-Family Units in the Northeast Census Region was 2822.00000 Thous. of Units in July of 2021, according to the United States Federal Reserve. Historically, New Privately Owned Housing Starts Average Square Feet of Floor Area for One-Family Units in the Northeast Census Region reached a record high of 3106.00000 in January of 2018 and a record low of 2253.00000 in January of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for New Privately Owned Housing Starts Average Square Feet of Floor Area for One-Family Units in the Northeast Census Region - last updated from the United States Federal Reserve on February of 2025.
In 2018, the average home size in the United States was 6,295 square feet, and the size of the average home is set to fall to 6,121 square feet by 2023.