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.

Single Family Home Prices in the United States increased to 415200 USD in October from 412300 USD in September of 2025. This dataset provides - United States Existing Single Family Home Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

The average sales price of new homes in the United States experienced a slight decrease in 2024, dropping to 512,2000 U.S. dollars from the peak of 521,500 U.S. dollars in 2022. This decline came after years of substantial price increases, with the average price surpassing 400,000 U.S. dollars for the first time in 2021. The recent cooling in the housing market reflects broader economic trends and changing consumer sentiment towards homeownership. Factors influencing home prices and affordability The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between 2021 and 2023. This decline can be attributed to rising mortgage rates and decreased affordability. The Housing Affordability Index hit a record low of 98.1 in 2023, indicating that the median-income family could no longer afford a median-priced home. Future outlook for the housing market Despite the recent cooling, experts forecast a potential recovery in the coming years. The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median sales price of existing homes is expected to increase slightly until 2025, suggesting that affordability challenges may persist in the near future.

The U.S. housing market has seen significant price growth since 2011, with the median sales price of existing single-family homes reaching a record high of ******* U.S. dollars in 2024. This represents a substantial increase of ******* over the past five years, highlighting the rapid appreciation of home values across the country. The trend of rising prices can also be observed in the new homes sold. Regional variations and housing shortage While the national median price provides a broad overview, regional differences in home prices are notable. The West remains the most expensive region, with prices twice higher than in the more affordable Midwest. This disparity persists despite efforts to increase housing supply. In 2024, approximately ******* building permits for single-family housing units were granted, showing a slight increase from previous years but still well below the 2005 peak of **** million permits. The ongoing housing shortage continues to drive prices upward across all regions. Market dynamics and future outlook The number of existing home sales has plummeted since 2020, reflecting the growing cost of homeownership. Factors such as high home prices, unfavorable economic conditions, and aggressive increases in mortgage rates have contributed to affordability challenges for many potential homebuyers. Despite these challenges, forecasts suggest a potential recovery in the housing market by 2025, though transaction volumes are expected to remain below long-term averages.

Graph and download economic data for Median Sales Price of Existing Single-Family Homes (HSFMEDUSM052N) from Oct 2024 to Oct 2025 about 1-unit structures, family, sales, median, housing, price, and USA.

View monthly updates and historical trends for US Existing Home Median Sales Price. from United States. Source: National Association of Realtors. Track ec…

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 ****** U.S. dollars per square foot in 2024. In 2024, the average sales price of a new home exceeded ******* 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 ** percent year-on-year, and in 2022, the increase was even higher, at close to ** 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 ***** 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.

In the United States, Hawaii was the state with the most expensive housing, with the typical value of single-family homes in the 35th to 65th percentile range exceeding ******* U.S. dollars. Unsurprisingly, Hawaii also ranked top as the state with the highest cost of living. Meanwhile, a property was the least expensive in West Virginia, where it cost under ******* U.S. dollars to buy the typical single-family home. Single-family home prices increased across most states in the United States between December 2023 and December 2024, except in Louisiana, Florida, and the District of Colombia. According to the Federal Housing Association, house appreciation in 13 states exceeded **** percent in 2023.

View monthly updates and historical trends for US Median Price for Existing Single Family Home. from United States. Source: National Association of Realto…

House Price Index YoY in the United States decreased to 1.70 percent in September from 2.40 percent in August of 2025. This dataset includes a chart with historical data for the United States FHFA House Price Index YoY.

Graph and download economic data for Zillow Home Value Index (ZHVI) for All Homes Including Single-Family Residences, Condos, and CO-OPs in the United States of America (USAUCSFRCONDOSMSAMID) from Jan 2000 to Sep 2025 about 1-unit structures, family, residential, housing, indexes, and USA.

The median sales price of new homes sold in the United States increased steadily from 1965 to 2022, followed by two years of decline. In 2024, a newly built home cost approximately ******* U.S. dollars. That was a decline from the peak price of 434,500 U.S. dollars in 2022. Prices varied greatly across different regions in the country, with the most expensive housing found in the Northeast region.

• USA house price index and multiple associated macro-economic data from FRED.

• Contains monthly data from 1990-01-01 to 2025-01-01.

• The added column names are the series names on FRED : https://fred.stlouisfed.org/

• To create custom aggregates on any available FRED data you can follow : https://github.com/OfficialBhattacharya/Geographical-Home-Price-Ranker

1. Average Sales Price for New Houses Sold in the United States: https://fred.stlouisfed.org/series/ASPNHSUS

2. Average Sales Price of Houses Sold for the United States: https://fred.stlouisfed.org/series/ASPUS

3. New One Family Houses Sold: https://fred.stlouisfed.org/series/HSN1F

4. Monthly Supply of New Houses in the United States: https://fred.stlouisfed.org/series/MSACSR

5. Median Sales Price of Houses Sold for the United States: https://fred.stlouisfed.org/series/MSPUS

6. Homeownership Rate in the United States: https://fred.stlouisfed.org/series/RHORUSQ156N

7. Total Shipments of New Manufactured Homes: https://fred.stlouisfed.org/series/SHTSAUS

8. Unemployment Rate: https://fred.stlouisfed.org/series/UNRATE

9. Economic Policy Uncertainty Index for United States: https://fred.stlouisfed.org/series/USEPUINDXD

10. S&P CoreLogic Case-Shiller U.S. National Home Price Index: https://fred.stlouisfed.org/series/CSUSHPINSA

11. Vacant Housing Units Held Off the Market in the United States : https://fred.stlouisfed.org/series/EOCCUSEUSQ176N

12. Occupied Housing Units in the United States: https://fred.stlouisfed.org/series/EOCCUSQ176N

13. Vacant Housing Units Held Off the Market in the United States: https://fred.stlouisfed.org/series/EOFFMARUSQ176N

14. Vacant for Other Reasons in the United States: https://fred.stlouisfed.org/series/EOTHUSQ176N

15. Renter Occupied Housing Units in the United States: https://fred.stlouisfed.org/series/ERNTOCCUSQ176N

16. Vacant Housing Units Not Yet Occupied in the United States: https://fred.stlouisfed.org/series/ERNTSLDUSQ176N

17. Vacant Housing Units for Sale in the United States: https://fred.stlouisfed.org/series/ESALEUSQ176N

18. Total Housing Units in the United States: https://fred.stlouisfed.org/series/ETOTALUSQ176N

19. Median Days on Market in the United States: https://fred.stlouisfed.org/series/MEDDAYONMARUS

20. Median Listing Price per Square Feet in the United States: https://fred.stlouisfed.org/series/MEDLISPRIPERSQUFEEUS

United States Median Home Sale Price: Multi-Family data was reported at 321.000 USD th in Jul 2020. This records an increase from the previous number of 305.000 USD th for Jun 2020. United States Median Home Sale Price: Multi-Family data is updated monthly, averaging 238.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 321.000 USD th in Jul 2020 and a record low of 142.000 USD th in Feb 2012. United States Median Home Sale Price: Multi-Family data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB054: Median Home Sale Price.

Key information about House Prices Growth

• US house prices grew 3.3% YoY in Sep 2025, following an increase of 4.1% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1992 to Sep 2025, with an average growth rate of -12.4%.
• House price data reached an all-time high of 17.7% in Sep 2021 and a record low of -12.4% in Dec 2008.

Graph and download economic data for Mean Sales Price of Existing Single-Family Homes (DISCONTINUED) (HSFAVGUSM052N) from May 2021 to Apr 2022 about 1-unit structures, family, average, sales, housing, price, and USA.

The U.S. housing market continues to evolve, with the median price for existing homes forecast to fall to ******* U.S. dollars by 2027. This projection comes after a period of significant growth and recent fluctuations, reflecting the complex interplay of economic factors affecting the real estate sector. The rising costs have not only impacted home prices but also down payments, with the median down payment more than doubling since 2012. Regional variations in housing costs Home prices and down payments vary dramatically across the United States. While the national median down payment stood at approximately ****** U.S. dollars in early 2024, homebuyers in states like California, Massachusetts, and Hawaii faced down payments exceeding ****** U.S. dollars. This disparity highlights the challenges of homeownership in high-cost markets and underscores the importance of location in determining housing affordability. Market dynamics and future outlook The housing market has shown signs of cooling after years of rapid growth, with a modest price increase of *** percent in 2024. This slowdown can be attributed in part to rising mortgage rates, which have tempered demand. Despite these challenges, most states continued to see year-over-year price growth in 2025, with Rhode Island and West Virginia leading the packby home appreciation. As the market adjusts to new economic realities, potential homebuyers and investors alike will be watching closely for signs of stabilization or renewed growth in the coming years.

Graph and download economic data for Mean Sales Price of Existing Single-Family Homes in West Census Region (DISCONTINUED) (HSFAVGUSWTM052N) from May 2021 to Apr 2022 about West Census Region, 1-unit structures, family, average, sales, housing, price, and USA.

Existing Home Sales in the United States increased to 4100 Thousand in October from 4050 Thousand in September 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.