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Graph and download economic data for Median Sales Price of Existing Single-Family Homes (HSFMEDUSM052N) from Jul 2024 to Jul 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…
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Graph and download economic data for Median Sales Price of Existing Homes (HOSMEDUSM052N) from Jun 2024 to Jun 2025 about sales, median, housing, and USA.
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Graph and download economic data for Median Sales Price of Existing Single-Family Homes in West Census Region (HSFMEDUSWTM052N) from Jul 2024 to Jul 2025 about West Census Region, 1-unit structures, family, sales, median, housing, price, and USA.
The number of U.S. home sales in the United States declined in 2024, after soaring in 2021. A total of four million transactions of existing homes, including single-family, condo, and co-ops, were completed in 2024, down from 6.12 million in 2021. According to the forecast, the housing market is forecast to head for recovery in 2025, despite transaction volumes expected to remain below the long-term average. Why have home sales declined? The housing boom during the coronavirus pandemic has demonstrated that being a homeowner is still an integral part of the American dream. Nevertheless, sentiment declined in the second half of 2022 and Americans across all generations agreed that the time was not right to buy a home. A combination of factors has led to house prices rocketing and making homeownership unaffordable for the average buyer. A survey among owners and renters found that the high home prices and unfavorable economic conditions were the two main barriers to making a home purchase. People who would like to purchase their own home need to save up a deposit, have a good credit score, and a steady and sufficient income to be approved for a mortgage. In 2022, mortgage rates experienced the most aggressive increase in history, making the total cost of homeownership substantially higher. Are U.S. home prices expected to fall? The median sales price of existing homes stood at 413,000 U.S. dollars in 2024 and was forecast to increase slightly until 2026. The development of the S&P/Case Shiller U.S. National Home Price Index shows that home prices experienced seven consecutive months of decline between June 2022 and January 2023, but this trend reversed in the following months. Despite mild fluctuations throughout the year, home prices in many metros are forecast to continue to grow, albeit at a much slower rate.
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Graph and download economic data for Median Sales Price of Existing Single-Family Homes in South Census Region (HSFMEDUSSOM052N) from Jun 2024 to Jun 2025 about South Census Region, 1-unit structures, family, sales, median, housing, 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.
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Graph and download economic data for Median Sales Price of Existing Single-Family Homes in Northeast Census Region (HSFMEDUSNEM052N) from Jul 2024 to Jul 2025 about Northeast Census Region, 1-unit structures, family, sales, median, housing, price, and USA.
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Existing Home Sales in the United States increased to 4010 Thousand in July from 3930 Thousand in June 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.
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Graph and download economic data for Median Sales Price of Existing Single-Family Homes in Midwest Census Region (HSFMEDUSMWM052N) from Jul 2024 to Jul 2025 about Midwest Census Region, 1-unit structures, family, sales, median, housing, price, and USA.
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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.
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Graph and download economic data for Mean Sales Price of Existing Single-Family Homes in South Census Region (DISCONTINUED) (HSFAVGUSSOM052N) from May 2021 to Apr 2022 about South Census Region, 1-unit structures, family, average, sales, housing, price, and USA.
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Graph and download economic data for Mean Sales Price of Existing Single-Family Homes in Northeast Census Region (DISCONTINUED) (HSFAVGUSNEM052N) from May 2021 to Apr 2022 about Northeast Census Region, 1-unit structures, family, average, sales, housing, price, and USA.
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Graph and download economic data for Mean Sales Price of Existing Single-Family Homes in Midwest Census Region (DISCONTINUED) (HSFAVGUSMWM052N) from May 2021 to Apr 2022 about Midwest Census Region, 1-unit structures, family, average, sales, housing, price, and USA.
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Graph and download economic data for Median Sales Price of Existing Single-Family Homes (HSFMEDUSM052N) from Jul 2024 to Jul 2025 about 1-unit structures, family, sales, median, housing, price, and USA.