The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting ****** U.S. dollars per square foot in 2024. In 2024, the average sales price of a new home exceeded ******* U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly ** percent year-on-year, and in 2022, the increase was even higher, at close to ** percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under ***** percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in the United States (MEDLISPRIPERSQUFEEUS) from Jul 2016 to Oct 2025 about square feet, listing, median, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Arizona (MEDLISPRIPERSQUFEEAZ) from Jul 2016 to Oct 2025 about AZ, square feet, listing, median, price, and USA.

Prices for luxury housing in July 2024 were slightly lower than the market peak in 2021 and 2022. Luxury single-family properties had a median square footage price of *** U.S. dollars in July 2024, down from *** U.S. dollars in July 2022. Attached houses, on the other hand, had a median price of *** U.S. dollars per square foot, down from *** U.S. dollars in July 2021.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Texas (MEDLISPRIPERSQUFEETX) from Jul 2016 to Oct 2025 about square feet, TX, listing, median, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Ohio (MEDLISPRIPERSQUFEEOH) from Jul 2016 to Oct 2025 about square feet, OH, listing, median, price, and USA.

In 2022, San Mateo, San Francisco, and Santa Clara were the most expensive districts for housing in the San Francisco Bay Area. In San Francisco, the average square footage price of single-family homes exceeded 1,000 U.S. dollars per square foot. Housing in Solano, on the other hand, was most affordable, with the average square footage price for single family homes at *** U.S. dollars.

How expensive is buying a home in San Francisco? Few metros in the U.S. are more expensive than San Francisco, CA. In 2022, the median sales price of existing single-family homes in San Francisco was about *** million U.S. dollars, making it the second priciest market in the U.S. House prices in the Golden City, were not always so high: in 2014, a two-bedroom house in the Bay Area would sell for less than ******* U.S. dollars but since then, the median price has more than doubled.

How much does renting an apartment cost? Despite rents falling in 2020, renting in San Francisco is still far from cheap. Renting a two-bedroom apartment cost close to ***** U.S. dollars in 2021. California is one of the least affordable states for renters. In fact, to afford to rent such an apartment, a household needs approximately ***** full time jobs at minimum wage or *** full time jobs at mean wage.

The average price per square foot of floor space in new single-family houses in North-east, United States increased from 2000 to 2021. In 2021, the average price for a new single-family house in that region was approximately *** U.S. dollars per square foot of floor space.

Housing Inventory: Median Listing Price per Square Feet in Virginia was 230.00000 U.S. $ in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet in Virginia reached a record high of 235.00000 in May of 2025 and a record low of 131.00000 in December of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet in Virginia - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Minnesota (MEDLISPRIPERSQUFEEMN) from Jul 2016 to Oct 2025 about MN, square feet, listing, median, price, and USA.

United States Price per Square: Existing: Single Family Residential data was reported at 216.000 USD in Mar 2023. This records an increase from the previous number of 209.000 USD for Feb 2023. United States Price per Square: Existing: Single Family Residential data is updated monthly, averaging 139.000 USD from Jan 2012 (Median) to Mar 2023, with 135 observations. The data reached an all-time high of 234.000 USD in May 2022 and a record low of 86.000 USD in Feb 2012. United States Price per Square: Existing: Single Family Residential data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB115: Median Home Sale Price per Square Foot.

Housing Inventory: Median Listing Price per Square Feet in Altoona, PA (CBSA) was 105.00000 U.S. $ in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet in Altoona, PA (CBSA) reached a record high of 109.00000 in April of 2025 and a record low of 71.00000 in December of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet in Altoona, PA (CBSA) - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Florida (MEDLISPRIPERSQUFEEFL) from Jul 2016 to Oct 2025 about square feet, FL, listing, median, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Denver-Aurora-Lakewood, CO (CBSA) (MEDLISPRIPERSQUFEE19740) from Jul 2016 to Oct 2025 about Denver, square feet, CO, listing, median, price, and USA.

Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Jackson County, MO was 3.77% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Jackson County, MO reached a record high of 23.61 in July of 2020 and a record low of -7.47 in March of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Jackson County, MO - last updated from the United States Federal Reserve on December of 2025.

Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Denver County, CO was -4.57% in August of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Denver County, CO reached a record high of 16.23 in April of 2021 and a record low of -9.08 in January of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Denver County, CO - last updated from the United States Federal Reserve on October of 2025.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York (MEDLISPRIPERSQUFEENY) from Jul 2016 to Oct 2025 about square feet, NY, listing, median, price, and USA.

Texas Home Prices per Square Foot - Historical chart and current data through 2025.

Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Rock County, WI was 4.36% in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Rock County, WI reached a record high of 28.77 in April of 2022 and a record low of -1.13 in December of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Rock County, WI - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Arkansas (MEDLISPRIPERSQUFEEAR) from Jul 2016 to Oct 2025 about AR, square feet, listing, median, price, and USA.