Average House Prices in the United States decreased to 501000 USD in June from 522200 USD in May of 2025. This dataset includes a chart with historical data for the United States New Home Average Sales Price.

Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q2 2025 about sales, housing, and USA.

The median sales price of new homes sold in the United States increased steadily from 1965 to 2023. In 2023, a newly built home cost approximately ******* U.S. dollars. That was a decline of nearly ****** U.S. dollars and the first decrease since 2018. Prices varied greatly across different regions in the country, with the most expensive housing found in the Northeast region.

Graph and download economic data for All-Transactions House Price Index for California (CASTHPI) from Q1 1975 to Q1 2025 about appraisers, CA, HPI, housing, price index, indexes, price, and USA.

All-Transactions House Price Index for Michigan was 549.69000 Index 1980 Q1=100 in January of 2025, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for Michigan reached a record high of 549.69000 in January of 2025 and a record low of 60.31000 in January of 1975. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for Michigan - last updated from the United States Federal Reserve on July of 2025.

All-Transactions House Price Index for California was 967.68000 Index 1980 Q1=100 in January of 2025, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for California reached a record high of 967.81000 in October of 2024 and a record low of 41.67000 in January of 1975. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for California - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for All-Transactions House Price Index for the United States (USSTHPI) from Q1 1975 to Q1 2025 about appraisers, HPI, housing, price index, indexes, price, and USA.

The Housing Affordability Index value in the United States plummeted in 2022, surpassing the historical record of ***** index points in 2006. In 2024, the housing affordability index measured **** index points, making it the second-worst year for homebuyers since the start of the observation period. What does the Housing Affordability Index mean? The Housing Affordability Index uses data provided by the National Association of Realtors (NAR). It measures whether a family earning the national median income can afford the monthly mortgage payments on a median-priced existing single-family home. An index value of 100 means that a family has exactly enough income to qualify for a mortgage on a home. The higher the index value, the more affordable a house is to a family. Key factors that drive the real estate market Income, house prices, and mortgage rates are some of the most important factors influencing homebuyer sentiment. When incomes increase, consumer power also increases. The median household income in the United States declined in 2022, affecting affordability. Additionally, mortgage interest rates have soared, adding to the financial burden of homebuyers. The sales price of existing single-family homes in the U.S. has increased year-on-year since 2011 and reached ******* U.S. dollars in 2023.

All-Transactions House Price Index for Orange County, CA was 383.50000 Index 2000=100 in January of 2024, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for Orange County, CA reached a record high of 383.50000 in January of 2024 and a record low of 17.53000 in January of 1975. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for Orange County, CA - last updated from the United States Federal Reserve on July of 2025.

All-Transactions House Price Index for Colorado was 857.08000 Index 1980 Q1=100 in January of 2025, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for Colorado reached a record high of 857.08000 in January of 2025 and a record low of 54.30000 in January of 1975. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for Colorado - last updated from the United States Federal Reserve on August of 2025.

All-Transactions House Price Index for Sacramento County, CA was 320.17000 Index 2000=100 in January of 2024, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for Sacramento County, CA reached a record high of 320.17000 in January of 2024 and a record low of 21.04000 in January of 1975. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for Sacramento County, CA - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for All-Transactions House Price Index for Florida (FLSTHPI) from Q1 1975 to Q1 2025 about appraisers, FL, HPI, housing, price index, indexes, price, and USA.

All-Transactions House Price Index for Rhode Island was 1004.75000 Index 1980 Q1=100 in January of 2025, according to the United States Federal Reserve. Historically, All-Transactions House Price Index for Rhode Island reached a record high of 1004.75000 in January of 2025 and a record low of 60.96000 in January of 1975. Trading Economics provides the current actual value, an historical data chart and related indicators for All-Transactions House Price Index for Rhode Island - last updated from the United States Federal Reserve on August of 2025.

The number of home sales in the United States peaked in 2021 at almost ************* after steadily rising since 2018. Nevertheless, the market contracted in the following year, with transaction volumes falling to ***********. Home sales remained muted in 2024, with a mild increase expected in 2025 and 2026. A major factor driving this trend is the unprecedented increase in mortgage interest rates due to high inflation. How have U.S. home prices developed over time? The average sales price of new homes has also been rising since 2011. Buyer confidence seems to have recovered after the property crash, which has increased demand for homes and also the prices sellers are demanding for homes. At the same time, the affordability of U.S. homes has decreased. Both the number of existing and newly built homes sold has declined since the housing market boom during the coronavirus pandemic. Challenges in housing supply The number of housing units in the U.S. rose steadily between 1975 and 2005 but has remained fairly stable since then. Construction increased notably in the 1990s and early 2000s, with the number of construction starts steadily rising, before plummeting amid the infamous housing market crash. Housing starts slowly started to pick up in 2011, mirroring the economic recovery. In 2022, the supply of newly built homes plummeted again, as supply chain challenges following the COVID-19 pandemic and tariffs on essential construction materials such as steel and lumber led to prices soaring.

Graph and download economic data for All-Transactions House Price Index for New York (NYSTHPI) from Q1 1975 to Q1 2025 about appraisers, NY, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Orange County, CA (ATNHPIUS06059A) from 1975 to 2024 about Orange County, CA; Los Angeles; CA; HPI; housing; price index; indexes; price; and USA.

Graph and download economic data for All-Transactions House Price Index for Michigan (MISTHPI) from Q1 1975 to Q1 2025 about MI, appraisers, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for New Jersey (NJSTHPI) from Q1 1975 to Q1 2025 about NJ, appraisers, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for Connecticut (CTSTHPI) from Q1 1975 to Q1 2025 about CT, appraisers, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for All-Transactions House Price Index for North Carolina (NCSTHPI) from Q1 1975 to Q1 2025 about appraisers, NC, HPI, housing, price index, indexes, price, and USA.