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

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 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.

Graph and download economic data for Housing Inventory: Median Home Size in Square Feet in California (MEDSQUFEECA) from Jul 2016 to May 2025 about square feet, CA, median, and USA.

Among the 50 largest cities by population in the United States, Milwaukee, WI, had the largest homes in 2023. The average size of a home was over 2,000 square feet, while in Portland, OR, the average home was 1070 square feet. Since 1975, U.S. homes have grown substantially bigger.

In 2018, the average detached single-family home size in the United States was 2,587 square feet, and the size of the average home is set to reach 2,647 square feet by 2023.

Graph and download economic data for New Privately Owned Housing Completions in the United States, Average Square Feet of Floor Area for One-Family Units (COMPSFLAA1FQ) from Q1 1987 to Q1 2025 about floor area, privately owned, 1-unit structures, family, new, housing, and USA.

House prices in the second most populous state in the United States, Texas have doubled since 2011. In 2023, the average house price reached 174.3 U.S. dollars per square foot, up from approximately 141 U.S. dollars in 2020. Despite the increase, the median home price was still below the national average.

Graph and download economic data for New Privately Owned Housing Starts Median Square Feet of Floor Area for One-Family Units in the West Census Region (HOUSTSFLAM1FWQ) from Q1 1999 to Q1 2025 about floor area, West Census Region, housing starts, privately owned, 1-unit structures, family, new, median, housing, and USA.

Housing Inventory: Median Home Size in Square Feet in Vermont was 1984.00000 Level in May of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Home Size in Square Feet in Vermont reached a record high of 2074.00000 in September of 2023 and a record low of 1845.00000 in April of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Home Size in Square Feet in Vermont - last updated from the United States Federal Reserve on June of 2025.

Graph and download economic data for Housing Inventory: Median Home Size in Square Feet in Massachusetts (MEDSQUFEEMA) from Jul 2016 to Apr 2025 about MA, square feet, median, 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.

In 2018, the average mobile home size in the United States was 1,184 square feet, and the size of the average mobile home is set to fall to 1,172 square feet by 2023.

Median Existing Home Price: MA: Corpus Christi data was reported at 184.100 USD th in Mar 2018. This records an increase from the previous number of 182.200 USD th for Dec 2017. Median Existing Home Price: MA: Corpus Christi data is updated quarterly, averaging 104.600 USD th from Mar 1989 (Median) to Mar 2018, with 117 observations. The data reached an all-time high of 194.000 USD th in Dec 2016 and a record low of 59.900 USD th in Dec 1991. Median Existing Home Price: MA: Corpus Christi data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB007: Median Existing Home Price: by Metropolitan Area.

Median Existing Home Price: MA: Green Bay data was reported at 169.800 USD th in Mar 2018. This records an increase from the previous number of 165.100 USD th for Dec 2017. Median Existing Home Price: MA: Green Bay data is updated quarterly, averaging 131.100 USD th from Mar 1989 (Median) to Mar 2018, with 114 observations. The data reached an all-time high of 170.600 USD th in Sep 2017 and a record low of 57.200 USD th in Dec 1989. Median Existing Home Price: MA: Green Bay data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB007: Median Existing Home Price: by Metropolitan Area.

Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Multnomah County, OR was -2.39% in April of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Multnomah County, OR reached a record high of 7.04 in February of 2023 and a record low of -11.54 in January of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Multnomah County, OR - last updated from the United States Federal Reserve on May of 2025.

Housing Inventory: Median Home Size in Square Feet in Multnomah County, OR was 1640.00000 Level in May of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Home Size in Square Feet in Multnomah County, OR reached a record high of 2096.00000 in May of 2017 and a record low of 1455.00000 in February of 2025. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Home Size in Square Feet in Multnomah County, OR - last updated from the United States Federal Reserve on June of 2025.

Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Steuben County, NY was 2.74% in April of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Steuben County, NY reached a record high of 12.26 in February of 2021 and a record low of -13.10 in March of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Steuben County, NY - last updated from the United States Federal Reserve on May of 2025.

Housing Inventory: Median Home Size in Square Feet in Linn County, OR was 1753.00000 Level in April of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Home Size in Square Feet in Linn County, OR reached a record high of 2016.00000 in August of 2020 and a record low of 1462.00000 in April of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Home Size in Square Feet in Linn County, OR - last updated from the United States Federal Reserve on May of 2025.

In the 1970s and 1980s, the average size of newly built houses in the United States was often three times larger than those in the Soviet Union. While this is reflective of the fact that there were more houses than apartments built in the U.S. during this period (and vice versa in the USSR), new apartments in the U.S. were still around 90 square meters in size, which is still considerably larger than those in the Soviet Union.