https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
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.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
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 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.
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
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.
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
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.
This statistic shows the average property price in the United States in 2011, by property type. Damaged REOs cost an average of 102,149 U.S. dollars in the U.S. that year. The abbreviation REO stands for real estate owned properties.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Median Sales Price for New Houses Sold in the United States (MSPNHSUSA) from 1963 to 2024 about new, sales, median, housing, price, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Median Sales Price of Houses Sold for the United States was 416900.00000 $ in January of 2025, according to the United States Federal Reserve. Historically, Median Sales Price of Houses Sold for the United States reached a record high of 442600.00000 in October of 2022 and a record low of 17800.00000 in January of 1963. Trading Economics provides the current actual value, an historical data chart and related indicators for Median Sales Price of Houses Sold for the United States - last updated from the United States Federal Reserve on July of 2025.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about House Prices Growth
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.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Median Sales Price of Houses Sold for the South Census Region (MSPS) from Q1 1963 to Q1 2025 about South Census Region, sales, median, housing, and USA.
https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required
Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in the United States (MEDLISPRIPERSQUFEEUS) from Jul 2016 to Jun 2025 about square feet, listing, median, price, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Median Home Sale Price: All Residential: Berlin, NH data was reported at 121.000 USD th in Jul 2020. This records a decrease from the previous number of 141.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Berlin, NH data is updated monthly, averaging 94.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 144.000 USD th in Dec 2016 and a record low of 41.000 USD th in Feb 2016. Median Home Sale Price: All Residential: Berlin, NH 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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Median Home Sale Price: All Residential: Batavia, NY data was reported at 155.000 USD th in Jul 2020. This records an increase from the previous number of 130.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Batavia, NY data is updated monthly, averaging 106.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 155.000 USD th in Jul 2020 and a record low of 65.000 USD th in Feb 2012. Median Home Sale Price: All Residential: Batavia, 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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Median Home Sale Price: All Residential: Concord, NH data was reported at 300.000 USD th in Jul 2020. This records an increase from the previous number of 285.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Concord, NH data is updated monthly, averaging 218.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 300.000 USD th in Jul 2020 and a record low of 160.000 USD th in Apr 2012. Median Home Sale Price: All Residential: Concord, NH 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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Median Home Sale Price: All Residential: Bend, OR data was reported at 470.000 USD th in Jul 2020. This records an increase from the previous number of 430.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Bend, OR data is updated monthly, averaging 331.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 470.000 USD th in Jul 2020 and a record low of 170.000 USD th in Mar 2012. Median Home Sale Price: All Residential: Bend, OR 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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
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.
The median house price in *****, Atherton, California, was about *** million U.S. dollars. This made it the most expensive zip code in the United States in 2023. ***** Sagaponack, N.Y., was the runner-up with a median house price of about *** million U.S. dollars. Of the ** most expensive zip codes in the United States in 2026, six were in California.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
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.