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

The U.S. housing market continues to evolve, with the median home price forecast to reach ******* U.S. dollars by the second quarter of 2026. 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 more modest price increases of *** percent in 2022 and *** percent in 2023. 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 the fourth quarter of 2023, with Rhode Island and Vermont leading the pack at over ** percent 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 Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q1 2025 about sales, 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.

Single Family Home Prices in the United States increased to 422800 USD in May from 414000 USD in April of 2025. This dataset provides - United States Existing Single Family Home Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Average House Prices in the United States increased to 522200 USD in May from 511200 USD in April of 2025. This dataset includes a chart with historical data for the United States New Home Average Sales Price.

Median price paid for residential property in England and Wales, by property type and administrative geographies. Annual data.

Median Home Sale Price: All Residential: Bogalusa, LA data was reported at 149.000 USD th in Jul 2020. This records a decrease from the previous number of 206.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Bogalusa, LA data is updated monthly, averaging 95.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 206.000 USD th in Jun 2020 and a record low of 36.000 USD th in Feb 2015. Median Home Sale Price: All Residential: Bogalusa, LA data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB056: Median Home Sale Price: by Metropolitan Areas.

This dataset uses data provided from Washington State’s Housing Market, a publication of the Washington Center for Real Estate Research (WCRER) at the University of Washington.

Median sales prices represent that price at which half the sales in a county (or the state) took place at higher prices, and half at lower prices. Since WCRER does not receive sales data on individual transactions (only aggregated statistics), the median is determined by the proportion of sales in a given range of prices required to reach the midway point in the distribution. While average prices are not reported, they tend to be 15-20 percent above the median.

Movements in sales prices should not be interpreted as appreciation rates. Prices are influenced by changes in cost and changes in the characteristics of homes actually sold. The table on prices by number of bedrooms provides a better measure of appreciation of types of homes than the overall median, but it is still subject to composition issues (such as square footage of home, quality of finishes and size of lot, among others).

There is a degree of seasonal variation in reported selling prices. Prices tend to hit a seasonal peak in summer, then decline through the winter before turning upward again, but home sales prices are not seasonally adjusted. Users are encouraged to limit price comparisons to the same time period in previous years.

Graph and download economic data for Housing Inventory: Median Listing Price in New York (MEDLISPRINY) from Jul 2016 to May 2025 about NY, listing, median, price, and USA.

House Price Index YoY in the United States decreased to 3 percent in April from 3.90 percent in March of 2025. This dataset includes a chart with historical data for the United States FHFA House Price Index YoY.

Median Home Sale Price: All Residential: Buffalo, NY data was reported at 180.000 USD th in Jul 2020. This records an increase from the previous number of 165.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Buffalo, NY data is updated monthly, averaging 130.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 180.000 USD th in Jul 2020 and a record low of 103.000 USD th in Feb 2012. Median Home Sale Price: All Residential: Buffalo, NY data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB056: Median Home Sale Price: by Metropolitan Areas.

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.

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.

Graph and download economic data for Housing Inventory: Median Listing Price in California (MEDLISPRICA) from Jul 2016 to May 2025 about CA, listing, median, price, and USA.

House prices in the second most populous state in the United States, Texas, have increased more than two-fold since 2011. In 2023, the median house price reached 335,100 U.S. dollars, a decrease of 1.4 percent from the previous year. Texas is one of the more affordable states for buying a home with house prices below the national average.

Graph and download economic data for Housing Inventory: Median Listing Price in Los Angeles County, CA (MEDLISPRI6037) from Jul 2016 to Dec 2024 about Los Angeles County, CA; Los Angeles; CA; listing; median; price; and USA.

Median Home Sale Price: All Residential: Bridgeport, CT data was reported at 493.000 USD th in Jul 2020. This records an increase from the previous number of 485.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Bridgeport, CT data is updated monthly, averaging 385.000 USD th from Feb 2015 (Median) to Jul 2020, with 66 observations. The data reached an all-time high of 493.000 USD th in Jul 2020 and a record low of 336.000 USD th in Feb 2019. Median Home Sale Price: All Residential: Bridgeport, CT data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB056: Median Home Sale Price: by Metropolitan Areas.

Analysis of ‘California Housing Prices Data (5 new features!)’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://www.kaggle.com/fedesoriano/california-housing-prices-data-extra-features on 28 January 2022.

--- Dataset description provided by original source is as follows ---

Similar Datasets:

Boston House Prices: LINK

Context

This is the dataset is a modified version of the California Housing Data used in the paper Pace, R. Kelley, and Ronald Barry. "Sparse spatial autoregressions." Statistics & Probability Letters 33.3 (1997): 291-297.. It serves as an excellent introduction to implementing machine learning algorithms because it requires rudimentary data cleaning, has an easily understandable list of variables and sits at an optimal size between being too toyish and too cumbersome.

The data contains information from the 1990 California census. So although it may not help you with predicting current housing prices like the Zillow Zestimate dataset, it does provide an accessible introductory dataset for teaching people about the basics of machine learning.

Modifications with respect to the original data

This dataset includes 5 extra features defined by me: "Distance to coast", "Distance to Los Angeles", "Distance to San Diego", "Distance to San Jose", and "Distance to San Francisco". These extra features try to account for the distance to the nearest coast and the distance to the centre of the largest cities in California.

The distances were calculated using the Haversine formula with the Longitude and Latitude:

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where:

• phi_1 and phi_2 are the Latitudes of point 1 and point 2, respectively
• lambda_1 and lambda_2 are the Longitudes of point 1 and point 2, respectively
• r is the radius of the Earth (6371km)

Content

The data pertains to the houses found in a given California district and some summary stats about them based on the 1990 census data. The columns are as follows, their names are pretty self-explanatory:

1) Median House Value: Median house value for households within a block (measured in US Dollars) [$] 2) Median Income: Median income for households within a block of houses (measured in tens of thousands of US Dollars) [10k$] 3) Median Age: Median age of a house within a block; a lower number is a newer building [years] 4) Total Rooms: Total number of rooms within a block 5) Total Bedrooms: Total number of bedrooms within a block 6) Population: Total number of people residing within a block 7) Households: Total number of households, a group of people residing within a home unit, for a block 8) Latitude: A measure of how far north a house is; a higher value is farther north [°] 9) Longitude: A measure of how far west a house is; a higher value is farther west [°] 10) Distance to coast: Distance to the nearest coast point [m] 11) Distance to Los Angeles: Distance to the centre of Los Angeles [m] 12) Distance to San Diego: Distance to the centre of San Diego [m] 13) Distance to San Jose: Distance to the centre of San Jose [m] 14) Distance to San Francisco: Distance to the centre of San Francisco [m]

Source

This data was entirely modified and cleaned by me. The original data (without the distance features) was initially featured in the following paper: Pace, R. Kelley, and Ronald Barry. "Sparse spatial autoregressions." Statistics & Probability Letters 33.3 (1997): 291-297.

The original dataset can be found under the following link: https://www.dcc.fc.up.pt/~ltorgo/Regression/cal_housing.html

--- Original source retains full ownership of the source dataset ---