Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Alabama (MEDLISPRIPERSQUFEEAL) from Jul 2016 to Feb 2025 about square feet, AL, listing, median, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price in Alabama (MEDLISPRIAL) from Jul 2016 to Feb 2025 about AL, listing, median, price, and USA.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting 168 U.S. dollars per square foot in 2022. In 2024, the average sales price of a new home exceeded 500,000 U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly 12 percent year-on-year, and in 2022, the increase was even higher, at close to 17 percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under three percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

Graph and download economic data for All-Transactions House Price Index for Auburn-Opelika, AL (MSA) (ATNHPIUS12220Q) from Q3 1987 to Q4 2024 about Auburn, AL, appraisers, HPI, housing, price index, indexes, price, and USA.

United States Median Home Sale Price: All Residential: Alabama data was reported at 231.000 USD th in Jul 2020. This records an increase from the previous number of 226.000 USD th for Jun 2020. United States Median Home Sale Price: All Residential: Alabama data is updated monthly, averaging 169.500 USD th from Apr 2012 (Median) to Jul 2020, with 96 observations. The data reached an all-time high of 231.000 USD th in Jul 2020 and a record low of 132.000 USD th in Jan 2014. United States Median Home Sale Price: All Residential: Alabama data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB055: Median Home Sale Price: by States.

Graph and download economic data for Housing Inventory: Median Listing Price in Mobile, AL (CBSA) (MEDLISPRI33660) from Jul 2016 to Feb 2025 about Mobile, AL, listing, median, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price in Baldwin County, AL (MEDLISPRI1003) from Jul 2016 to Dec 2024 about Baldwin County, AL; AL; listing; median; price; and USA.

Median Home Sale Price：单户型：阿拉巴马在07-01-2020达236.000千美元，相较于06-01-2020的231.000千美元有所增长。Median Home Sale Price：单户型：阿拉巴马数据按月更新，04-01-2012至07-01-2020期间平均值为174.000千美元，共96份观测结果。该数据的历史最高值出现于07-01-2020，达236.000千美元，而历史最低值则出现于01-01-2014，为134.000千美元。CEIC提供的Median Home Sale Price：单户型：阿拉巴马数据处于定期更新的状态，数据来源于Redfin，数据归类于全球数据库的美国 – Table US.EB055：Median Home Sale Price：按州划分。

Texas, North Carolina, and Florida were the states with the highest number of mobile homes in the U.S. as of September 2023. Since 1994, the cumulative number of manufactured housing units shipped to Texas amounted to approximately 557,000. Texas was also home to the largest number of manufactured home production plants, with over 20 facilities operating in the state. What is the price of a mobile home? Because they are factory manufactured, mobile homes are considerably less expensive than regular homes. In 2022, a double-width mobile home cost about 157,000 U.S. dollars. While this may be more affordable than buying a new home, there are drawbacks to owning a mobile home. For example, unless the home buyer also owns the land, the mobile home is likely to depreciate over time. In contrast, regular homeowners can expect that if home prices and land prices grow, their property will go up in value. The need for affordable housing With house prices and mortgage rates rising, while housing inventory remains limited, it has become increasingly difficult for prospective homebuyers to buy a home. To address this issue, the Biden-Harris administration released a housing supply action plan aiming to close the housing supply gap in the next five years. Within the scope of the plan are policies that encourage state and local zoning and land-use laws, piloting new financing for housing production and preservation, and preserving the availability of affordable housing for owner-occupants.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Huntsville, AL (CBSA) (MEDLISPRIPERSQUFEE26620) from Jul 2016 to Feb 2025 about Huntsville, square feet, AL, listing, median, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price in Lee County, AL (MEDLISPRI1081) from Jul 2016 to Dec 2024 about Lee County, AL; Auburn; AL; listing; median; price; and USA.

Graph and download economic data for All-Transactions House Price Index for Columbus, GA-AL (MSA) (ATNHPIUS17980Q) from Q4 1985 to Q4 2024 about Columbus, AL, appraisers, GA, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Auburn-Opelika, AL (CBSA) (MEDLISPRIPERSQUFEE12220) from Jul 2016 to Feb 2025 about Auburn, square feet, AL, listing, median, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Madison County, AL (MEDLISPRIPERSQUFEE1089) from Jul 2016 to Dec 2024 about Madison County, AL; Huntsville; square feet; AL; listing; median; price; and USA.

Graph and download economic data for Housing Inventory: Median Listing Price in Jackson County, AL (MEDLISPRI1071) from Jul 2016 to Dec 2024 about Jackson County, AL; AL; listing; median; price; and USA.