Home Ownership Rate in the United States decreased to 65.10 percent in the first quarter of 2025 from 65.70 percent in the fourth quarter of 2024. This dataset provides the latest reported value for - United States Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Homeownership Rate in the United States (RSAHORUSQ156S) from Q1 1980 to Q1 2025 about housing, rate, and USA.

Following a period of stagnation over most of the 2010s, the number of owner occupied housing units in the United States started to grow in 2017. In 2023, there were over 86 million owner-occupied homes. Owner-occupied housing is where the person who owns a property – either outright or through a mortgage – also resides in the property. Excluded are therefore rental properties, employer-provided housing and social housing. Homeownership sentiment in the U.S. Though homeownership is still a cornerstone of the American dream, an increasing share of people see themselves as lifelong renters. Millennials have been notoriously late to enter the housing market, with one in four reporting that they would probably continue to always rent in the future, a 2022 survey found. In 2017, just five years before that, this share stood at about 13 percent. How many renter households are there? Renter households are roughly half as few as owner-occupied households in the U.S. In 2023, the number of renter occupied housing units amounted to almost 45 million. Climbing on the property ladder for renters is not always easy, as it requires prospective homebuyers to save up for a down payment and qualify for a mortgage. In many metros, the median household income is insufficient to qualify for the median-priced home.

Graph and download economic data for Homeownership Rate for the United States (USHOWN) from 1984 to 2024 about homeownership, housing, rate, and USA.

This map shows the percentage of housing units that are owner-occupied in the United States. A unit is owner occupied if the owner or co-owner lives in the unit, even if it is mortgaged or not fully paid for.Areas in bright yellow have the highest rates of home ownership.The pattern is shown by states, counties, and tracts. The map opens in San Francisco, CA but the data is available nationwide (including Puerto Rico and Washington D.C.). Search for your area and save a new web map to create a local perspective. The data comes from the U.S. Census Bureau's American Community Survey (ACS). The layer used to make this map is updated annually when the Census releases their new estimates. Click here to find full documentation or here to find layers covering various demographic topics in ArcGIS Living Atlas.

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.

Existing Home Sales in the United States increased to 4030 Thousand in May from 4000 Thousand in April 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.

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.

New Home Sales in the United States decreased to 623 Thousand units in May from 722 Thousand units in April of 2025. This dataset provides the latest reported value for - United States New Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

VITAL SIGNS INDICATOR
Home Prices (EC7)

FULL MEASURE NAME
Home Prices

LAST UPDATED
December 2022

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: Zillow Home Value Index (ZHVI) - http://www.zillow.com/research/data/
2000-2021

California Department of Finance: E-4 Historical Population Estimates for Cities, Counties, and the State - https://dof.ca.gov/forecasting/demographics/estimates/
2000-2021

US Census Population and Housing Unit Estimates - https://www.census.gov/programs-surveys/popest.html
2000-2021

Bureau of Labor Statistics: Consumer Price Index - http://data.bls.gov
2000-2021

US Census ZIP Code Tabulation Areas (ZCTAs) - https://www.census.gov/programs-surveys/geography/guidance/geo-areas/zctas.html
2020 Census Blocks

CONTACT INFORMATION
vitalsigns.info@bayareametro.gov

METHODOLOGY NOTES (across all datasets for this indicator)
Housing price estimates at the regional-, county-, city- and zip code-level come from analysis of individual home sales by Zillow based upon transaction records. Zillow Home Value Index (ZHVI) is a smoothed, seasonally adjusted measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range. ZHVI is computed from public record transaction data as reported by counties. All standard real estate transactions are included in this metric, including REO sales and auctions. Zillow makes a substantial effort to remove transactions not typically considered a standard sale. Examples of these include bank takeovers of foreclosed properties, title transfers after a death or divorce and non arms-length transactions. 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 can be owned in a multi-unit complex, such as an apartment building. Co-operative homes are slightly different from condominiums in that 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. Data is adjusted for inflation using Bureau of Labor Statistics metropolitan statistical area (MSA)-specific series. 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 (CPI) 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 the CPI itself.

Graph and download economic data for Homeownership Rates by Race and Ethnicity: Black Alone in the United States (BOAAAHORUSQ156N) from Q1 1994 to Q1 2025 about homeownership, African-American, rate, and USA.

Housing Starts in the United States increased to 1321 Thousand units in June from 1263 Thousand units in May of 2025. This dataset provides the latest reported value for - United States Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Abstract (en): Summary File 2 contains 100-percent United States decennial Census data, which is the information compiled from the questions asked of all people and about every housing unit. Population items include sex, age, race, Hispanic or Latino origin, household relationship, and group quarters occupancy. Housing items include occupancy status, vacancy status, and tenure (owner-occupied or renter- occupied). The 100-percent data are presented in 36 population tables ("PCT") and 11 housing tables ("HCT") down to the census tract level. Each table is iterated for 250 population groups: the total population, 132 race groups, 78 American Indian and Alaska Native tribe categories (reflecting 39 individual tribes), and 39 Hispanic or Latino groups. The presentation of tables for any of the 250 population groups is subject to a population threshold of 100 or more people, that is, if there were fewer than 100 people in a specific population group in a specific geographic area, their population and housing characteristics data are not available for that geographic area. ICPSR data undergo a confidentiality review and are altered when necessary to limit the risk of disclosure. ICPSR also routinely creates ready-to-go data files along with setups in the major statistical software formats as well as standard codebooks to accompany the data. In addition to these procedures, ICPSR performed the following processing steps for this data collection: Created variable labels and/or value labels.. All persons in housing units in South Dakota in 2000. 2013-05-24 Multiple Census data file segments were repackaged for distribution into a single zip archive per dataset. No changes were made to the data or documentation.2006-01-12 All files were removed from dataset 256 and flagged as study-level files, so that they will accompany all downloads.2006-01-12 All files were removed from dataset 255 and flagged as study-level files, so that they will accompany all downloads.2006-01-12 All files were removed from dataset 254 and flagged as study-level files, so that they will accompany all downloads.2006-01-12 All files were removed from dataset 253 and flagged as study-level files, so that they will accompany all downloads.2006-01-12 All files were removed from dataset 252 and flagged as study-level files, so that they will accompany all downloads. Because of the number of files per state in Summary File 2, ICPSR has given each state its own ICPSR study number in the range ICPSR 13233-13284. Data for each state are being released as they become available.The data are provided in four segments (files) per iteration. These segments are PCT1-PCT4, PCT5-PCT19, PCT20-PCT36, and HCT1-HCT11. The iterations are Parts 1-250, the Geographic Header file is Part 251. The Geographic Header file is in fixed-format ASCII and the Table files are in comma-delimited ASCII format. The Geographic Header file has 85 variables, Segment 01 has 224 variables, Segment 02 has 240 variables, Segment 03 has 179 variables, and Segment 04 has 141 variables. When all the segments are merged there are 849 variables.

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 Consumer Unit Characteristics: Percent Homeowner by Age: from Age 25 to 34 (CXUHOMEOWNLB0403M) from 1990 to 2023 about consumer unit, age, homeownership, 25 years +, percent, and USA.

Although the American Community Survey (ACS) produces population, demographic and housing unit estimates, the decennial census is the official source of population totals for April 1st of each decennial year. In between censuses, the Census Bureau's Population Estimates Program produces and disseminates the official estimates of the population for the nation, states, counties, cities, and towns and estimates of housing units and the group quarters population for states and counties..Information about the American Community Survey (ACS) can be found on the ACS website. Supporting documentation including code lists, subject definitions, data accuracy, and statistical testing, and a full list of ACS tables and table shells (without estimates) can be found on the Technical Documentation section of the ACS website.Sample size and data quality measures (including coverage rates, allocation rates, and response rates) can be found on the American Community Survey website in the Methodology section..Source: U.S. Census Bureau, 2023 American Community Survey 1-Year Estimates.ACS data generally reflect the geographic boundaries of legal and statistical areas as of January 1 of the estimate year. For more information, see Geography Boundaries by Year..Users must consider potential differences in geographic boundaries, questionnaire content or coding, or other methodological issues when comparing ACS data from different years. Statistically significant differences shown in ACS Comparison Profiles, or in data users' own analysis, may be the result of these differences and thus might not necessarily reflect changes to the social, economic, housing, or demographic characteristics being compared. For more information, see Comparing ACS Data..Data are based on a sample and are subject to sampling variability. The degree of uncertainty for an estimate arising from sampling variability is represented through the use of a margin of error. The value shown here is the 90 percent margin of error. The margin of error can be interpreted roughly as providing a 90 percent probability that the interval defined by the estimate minus the margin of error and the estimate plus the margin of error (the lower and upper confidence bounds) contains the true value. In addition to sampling variability, the ACS estimates are subject to nonsampling error (for a discussion of nonsampling variability, see ACS Technical Documentation). The effect of nonsampling error is not represented in these tables..Ancestry listed in this table refers to the total number of people who responded with a particular ancestry; for example, the estimate given for German represents the number of people who listed German as either their first or second ancestry. This table lists only the largest ancestry groups; see the Detailed Tables for more categories. Race and Hispanic origin groups are not included in this table because data for those groups come from the Race and Hispanic origin questions rather than the ancestry question (see Demographic Table)..Data for year of entry of the native population reflect the year of entry into the U.S. by people who were born in Puerto Rico or U.S. Island Areas or born outside the U.S. to a U.S. citizen parent and who subsequently moved to the U.S..The category "with a broadband Internet subscription" refers to those who said "Yes" to at least one of the following types of Internet subscriptions: Broadband such as cable, fiber optic, or DSL; a cellular data plan; satellite; a fixed wireless subscription; or other non-dial up subscription types..An Internet "subscription" refers to a type of service that someone pays for to access the Internet such as a cellular data plan, broadband such as cable, fiber optic or DSL, or other type of service. This will normally refer to a service that someone is billed for directly for Internet alone or sometimes as part of a bundle.."With a computer" includes those who said "Yes" to at least one of the following types of computers: Desktop or laptop; smartphone; tablet or other portable wireless computer; or some other type of computer..Estimates of urban and rural populations, housing units, and characteristics reflect boundaries of urban areas defined based on 2020 Census data. As a result, data for urban and rural areas from the ACS do not necessarily reflect the results of ongoing urbanization..Explanation of Symbols:- The estimate could not be computed because there were an insufficient number of sample observations. For a ratio of medians estimate, one or both of the median estimates falls in the lowest interval or highest interval of an open-ended distribution. For a 5-year median estimate, the margin of error associated with a median was larger than the median itself.N The estimate or margin of error cannot be displayed because there were an insufficient number of sample cases in the selected geographic area. (X) The estimate or margin of error is not applicable or not available.median- ...

Homeownership Rate for Texas was 62.90% in January of 2024, according to the United States Federal Reserve. Historically, Homeownership Rate for Texas reached a record high of 66.50 in January of 2020 and a record low of 58.30 in January of 1992. Trading Economics provides the current actual value, an historical data chart and related indicators for Homeownership Rate for Texas - last updated from the United States Federal Reserve on July of 2025.

Abstract (en): Summary File 2 contains 100-percent United States decennial Census data, which is the information compiled from the questions asked of all people and about every housing unit. Population items include sex, age, race, Hispanic or Latino origin, household relationship, and group quarters occupancy. Housing items include occupancy status, vacancy status, and tenure (owner-occupied or renter- occupied). The 100-percent data are presented in 36 population tables ("PCT") and 11 housing tables ("HCT") down to the census tract level. Each table is iterated for 250 population groups: the total population, 132 race groups, 78 American Indian and Alaska Native tribe categories (reflecting 39 individual tribes), and 39 Hispanic or Latino groups. The presentation of tables for any of the 250 population groups is subject to a population threshold of 100 or more people, that is, if there were fewer than 100 people in a specific population group in a specific geographic area, their population and housing characteristics data are not available for that geographic area. ICPSR data undergo a confidentiality review and are altered when necessary to limit the risk of disclosure. ICPSR also routinely creates ready-to-go data files along with setups in the major statistical software formats as well as standard codebooks to accompany the data. In addition to these procedures, ICPSR performed the following processing steps for this data collection: Created variable labels and/or value labels.. All persons in housing units in Colorado in 2000. 2013-05-24 Multiple Census data file segments were repackaged for distribution into a single zip archive per dataset. No changes were made to the data or documentation.2006-01-12 All files were removed from dataset 256 and flagged as study-level files, so that they will accompany all downloads.2006-01-12 All files were removed from dataset 255 and flagged as study-level files, so that they will accompany all downloads.2006-01-12 All files were removed from dataset 254 and flagged as study-level files, so that they will accompany all downloads.2006-01-12 All files were removed from dataset 253 and flagged as study-level files, so that they will accompany all downloads.2006-01-12 All files were removed from dataset 252 and flagged as study-level files, so that they will accompany all downloads. Because of the number of files per state in Summary File 2, ICPSR has given each state its own ICPSR study number in the range ICPSR 13233-13284. Data for each state are being released as they become available.The data are provided in four segments (files) per iteration. These segments are PCT1-PCT4, PCT5-PCT19, PCT20-PCT36, and HCT1-HCT11. The iterations are Parts 1-250, the Geographic Header file is Part 251. The Geographic Header file is in fixed-format ASCII and the Table files are in comma-delimited ASCII format. The Geographic Header file has 85 variables, Segment 01 has 224 variables, Segment 02 has 240 variables, Segment 03 has 179 variables, and Segment 04 has 141 variables. When all the segments are merged there are 849 variables.

Abstract (en): Summary File 4 (SF 4) from the United States 2000 Census contains the sample data, which is the information compiled from the questions asked of a sample of all people and housing units. Population items include basic population totals: urban and rural, households and families, marital status, grandparents as caregivers, language and ability to speak English, ancestry, place of birth, citizenship status, year of entry, migration, place of work, journey to work (commuting), school enrollment and educational attainment, veteran status, disability, employment status, industry, occupation, class of worker, income, and poverty status. Housing items include basic housing totals: urban and rural, number of rooms, number of bedrooms, year moved into unit, household size and occupants per room, units in structure, year structure built, heating fuel, telephone service, plumbing and kitchen facilities, vehicles available, value of home, monthly rent, and shelter costs. In Summary File 4, the sample data are presented in 213 population tables (matrices) and 110 housing tables, identified with "PCT" and "HCT" respectively. Each table is iterated for 336 population groups: the total population, 132 race groups, 78 American Indian and Alaska Native tribe categories (reflecting 39 individual tribes), 39 Hispanic or Latino groups, and 86 ancestry groups. The presentation of SF4 tables for any of the 336 population groups is subject to a population threshold. That is, if there are fewer than 100 people (100-percent count) in a specific population group in a specific geographic area, and there are fewer than 50 unweighted cases, their population and housing characteristics data are not available for that geographic area in SF4. For the ancestry iterations, only the 50 unweighted cases test can be performed. See Appendix H: Characteristic Iterations, for a complete list of characteristic iterations. ICPSR data undergo a confidentiality review and are altered when necessary to limit the risk of disclosure. ICPSR also routinely creates ready-to-go data files along with setups in the major statistical software formats as well as standard codebooks to accompany the data. In addition to these procedures, ICPSR performed the following processing steps for this data collection: Created variable labels and/or value labels.. All persons in housing units in West Virginia in 2000. 2013-05-25 Multiple Census data file segments were repackaged for distribution into a single zip archive per dataset. No changes were made to the data or documentation.2006-01-12 All files were removed from dataset 342 and flagged as study-level files, so that they will accompany all downloads.2006-01-12 All files were removed from dataset 341 and flagged as study-level files, so that they will accompany all downloads.2006-01-12 All files were removed from dataset 340 and flagged as study-level files, so that they will accompany all downloads.2006-01-12 All files were removed from dataset 339 and flagged as study-level files, so that they will accompany all downloads.2006-01-12 All files were removed from dataset 338 and flagged as study-level files, so that they will accompany all downloads. Because of the number of files per state in Summary File 4, ICPSR has given each state its own ICPSR study number in the range ICPSR 13512-13563. The study number for the national file is 13570. Data for each state are being released as they become available.The data are provided in 38 segments (files) per iteration. These segments are PCT1-PCT4, PCT5-PCT16, PCT17-PCT34, PCT35-PCT37, PCT38-PCT45, PCT46-PCT49, PCT50-PCT61, PCT62-PCT67, PCT68-PCT71, PCT72-PCT76, PCT77-PCT78, PCT79-PCT81, PCT82-PCT84, PCT85-PCT86 (partial), PCT86 (partial), PCT87-PCT103, PCT104-PCT120, PCT121-PCT131, PCT132-PCT137, PCT138-PCT143, PCT144, PCT145-PCT150, PCT151-PCT156, PCT157-PCT162, PCT163-PCT208, PCT209-PCT213, HCT1-HCT9, HCT10-HCT18, HCT19-HCT22, HCT23-HCT25, HCT26-HCT29, HCT30-HCT39, HCT40-HCT55, HCT56-HCT61, HCT62-HCT70, HCT71-HCT81, HCT82-HCT86, and HCT87-HCT110. The iterations are Parts 1-336, the Geographic Header File is Part 337. The Geographic Header File is in fixed-format ASCII and the table files are in comma-delimited ASCII format. A merged iteration will have 7,963 variables.For Parts 251-336, the part names contain numbers within parentheses that refer to the Ancestry Code List (page G1 of the codebook).