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 408,000 U.S. dollars in 2024. This represents a substantial increase of 133,000 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 982,000 building permits for single-family housing units were granted, showing a slight increase from previous years but still well below the 2005 peak of 1.68 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.

Single Family Home Prices in the United States increased to 398400 USD in February from 393400 USD in January of 2025. This dataset provides - United States Existing Single Family Home Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, Munich in Bavaria had the most expensive houses among the German cities listed, typically costing around 1.6 million euros. By comparison, Bremen and Magdeburg had significantly lower prices, at 335,000 and 300,000 euros respectively.

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

In October 2024, the median sales price of an existing single-family home in San Mateo, California was two million U.S. dollars. This was more than double the median sales price in the state of California. The most affordable county was Trinity, where an existing single family home sold for approximately 205,000 U.S. dollars.

Monthly sale price of single-family homes in Connecticut, 2001 through the present. Data updated monthly by the Connecticut Housing Finance Authority and tracked in the following dashboard: https://www.chfa.org/about-us/ct-monthly-housing-market-dashboard/. CHFA has stopped maintaining the dashboard and associated datasets, and this dataset will no longer be updated as of 2022.

United States New 1 Family Houses Sold: By Sales Prices: USD 400000 to 499999 data was reported at 6.000 Unit th in Jun 2018. This records a decrease from the previous number of 7.000 Unit th for May 2018. United States New 1 Family Houses Sold: By Sales Prices: USD 400000 to 499999 data is updated monthly, averaging 4.000 Unit th from Jan 2002 (Median) to Jun 2018, with 198 observations. The data reached an all-time high of 11.000 Unit th in Mar 2018 and a record low of 1.000 Unit th in Nov 2011. United States New 1 Family Houses Sold: By Sales Prices: USD 400000 to 499999 data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EB001: New One Family House Unit: Sold and For Sale.

The median sales price of an existing single-family home in the United States reached almost 389,300 U.S. dollars in 2023 – the highest price on record. The sales price has risen year-on-year since 2011, increasing by over 100,000 U.S. dollars between 2019 and 2023. Location, location, location Regional differences in the median sales prices of existing single-family homes were evident across the United States. The cheapest region is the Midwest; the most expensive region is the West. An existing home in the West cost over 100,000 U.S. dollars more than in the Midwest. Prices surge due to housing shortage A lack of properties on the market is one reason why the prices of existing single-family homes are rising across all regions of the United States. The shortage in housing comes despite increases in both the number of new single-family units being authorized by building permits and new single-family housing unit starts. Homebuyers in the United States will have to pay top dollar should they want a new single-family home.

Monthly sale price of single-family homes in Connecticut, 2001 through the present. Data updated monthly by the Connecticut Housing Finance Authority and tracked in the following dashboard: https://www.chfa.org/about-us/ct-monthly-housing-market-dashboard/.

United States New 1 Family Houses Sold: By Sales Prices: USD 200000 to 299999 data was reported at 15.000 Unit th in Sep 2018. This stayed constant from the previous number of 15.000 Unit th for Aug 2018. United States New 1 Family Houses Sold: By Sales Prices: USD 200000 to 299999 data is updated monthly, averaging 15.000 Unit th from Jan 2002 (Median) to Sep 2018, with 201 observations. The data reached an all-time high of 33.000 Unit th in Mar 2005 and a record low of 5.000 Unit th in Nov 2010. United States New 1 Family Houses Sold: By Sales Prices: USD 200000 to 299999 data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EB001: New One Family House Unit: Sold and For Sale.

United States New 1 Family Houses Sold: By Sales Prices: USD 150000 to 199999 data was reported at 7.000 Unit th in Jun 2018. This records a decrease from the previous number of 9.000 Unit th for May 2018. United States New 1 Family Houses Sold: By Sales Prices: USD 150000 to 199999 data is updated monthly, averaging 8.000 Unit th from Jan 2002 (Median) to Jun 2018, with 198 observations. The data reached an all-time high of 27.000 Unit th in Aug 2003 and a record low of 3.000 Unit th in Jan 2011. United States New 1 Family Houses Sold: By Sales Prices: USD 150000 to 199999 data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EB001: New One Family House Unit: Sold and For Sale.

The FHFA House Price Index (FHFA HPI®) is the nation’s only collection of public, freely available house price indexes that measure changes in single-family home values based on data from all 50 states and over 400 American cities that extend back to the mid-1970s. The FHFA HPI incorporates tens of millions of home sales and offers insights about house price fluctuations at the national, census division, state, metro area, county, ZIP code, and census tract levels. FHFA uses a fully transparent methodology based upon a weighted, repeat-sales statistical technique to analyze house price transaction data. ​ What does the FHFA HPI represent? The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac since January 1975. The FHFA HPI serves as a timely, accurate indicator of house price trends at various geographic levels. Because of the breadth of the sample, it provides more information than is available in other house price indexes. It also provides housing economists with an improved analytical tool that is useful for estimating changes in the rates of mortgage defaults, prepayments and housing affordability in specific geographic areas. U.S. Federal Housing Finance Agency, All-Transactions House Price Index for Connecticut [CTSTHPI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CTSTHPI, August 2, 2023.

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 Jan 2025 about 1-unit structures, family, residential, housing, indexes, and USA.

Displacement risk indicator classifying census tracts according to single-family home sale prices in census tracts where at least 100 single-family homes exist. We classify arms-length transactions only along two dimensions:The median price of sales within the census tract for the specified year, balancing between nominal sale price and sale price per square foot.The change in median sale price (again balanced between nominal sale price and price per square foot) from the previous year.

Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q4 2024 about sales, median, housing, and USA.

Netherlands House Price Index: OO: Single Family Dwellings: Detached Houses data was reported at 92.600 2005=100 in Dec 2012. This records a decrease from the previous number of 94.000 2005=100 for Nov 2012. Netherlands House Price Index: OO: Single Family Dwellings: Detached Houses data is updated monthly, averaging 92.100 2005=100 from Jan 1995 (Median) to Dec 2012, with 216 observations. The data reached an all-time high of 116.000 2005=100 in Jan 2009 and a record low of 33.400 2005=100 in Jan 1995. Netherlands House Price Index: OO: Single Family Dwellings: Detached Houses data remains active status in CEIC and is reported by Statistics Netherlands. The data is categorized under Global Database’s Netherlands – Table NL.EB006: House Price Index: 2005=100.

United States New 1 Family Houses Sold: By Sales Prices: USD 300000 to 399999 data was reported at 13.000 Unit th in Jun 2018. This records a decrease from the previous number of 15.000 Unit th for May 2018. United States New 1 Family Houses Sold: By Sales Prices: USD 300000 to 399999 data is updated monthly, averaging 9.000 Unit th from Jan 2002 (Median) to Jun 2018, with 198 observations. The data reached an all-time high of 22.000 Unit th in Aug 2005 and a record low of 3.000 Unit th in Dec 2011. United States New 1 Family Houses Sold: By Sales Prices: USD 300000 to 399999 data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EB001: New One Family House Unit: Sold and For Sale.

Key information about House Prices Growth

• US house prices grew 5.2% YoY in Sep 2024, following an increase of 6.2% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1992 to Sep 2024, with an average growth rate of 5.5%.
• House price data reached an all-time high of 17.7% in Sep 2021 and a record low of -12.4% in Dec 2008.

The Construction Price Indexes (CPI) provide price indexes for single-family houses sold and for single-family houses under construction. The houses sold index incorporates the value of the land and is available quarterly at the national level and annually by region. The indexes are based on data funded by The Department of Housing and Urban Development (HUD) and collected in the Survey of Construction (SOC).

United States New 1 Family Houses Sold: Median Sales Price data was reported at 302,100.000 USD in Jun 2018. This records a decrease from the previous number of 309,700.000 USD for May 2018. United States New 1 Family Houses Sold: Median Sales Price data is updated monthly, averaging 120,000.000 USD from Jan 1963 (Median) to Jun 2018, with 666 observations. The data reached an all-time high of 343,400.000 USD in Nov 2017 and a record low of 17,200.000 USD in Jan 1963. United States New 1 Family Houses Sold: Median Sales Price data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EB001: New One Family House Unit: Sold and For Sale.