Overview of the US Housing Market

New Home Prices

Average and median prices of new houses sold in that month in the US.
100K200K300K400K500K600K1995200020052010201520202025

Median House Price

Average House Price

28 Feb, 2025414.50K414.50K487.10K487.10K
Median House Price
Average House Price

New Home Sales (Annual Rate)

Change in the number of single-family homes sold, % MoM.
-15-10-50510AprJulOct2024AprJulOct2025Apr

New Home Sales Trend, % Change

28 Feb, 20251.811.81
New Home Sales Trend, % Change

Home Ownership Rate

The number of homes occupied by owners as a percentage of total occupied households.
61.56364.56667.56970.519901995200020052010201520202025

Homeownership Rate

31 Dec, 202465.765.7
Homeownership Rate

New Construction

Permits, Starts and Completions (Annual Rate)

The number of privately-owned housing units that were given building permits, along with the total housing construction starts and completions for that month.
450.0K900.0K1.4M1.8M2.3M2.7M19901995200020052010201520202025

Permits

Starts

Completions

28 Feb, 20251.46M1.46M1.50M1.50M1.59M1.59M
Permits
Starts
Completions

Under Construction

The number of privately-owned housing units that were under construction.
300.0K600.0K900.0K1.2M1.5M1.8M197019801990200020102020

Under Construction

28 Feb, 20251.41M1.41M
Under Construction

Housing Starts by Type of Units

The number of single-family and multi-family privately-owned housing units that began construction in that month.
0400.0K800.0K1.2M1.6M2.0M20052010201520202025

Single Family

Multi Family

28 Feb, 20251.11M1.11M370.00K370.00K
Single Family
Multi Family

New Home Sales

Sales Trend

Change in the number of single-family homes sold, % MoM.
-15-10-50510AprJulOct2024AprJulOct2025Apr

New Home Sales, % Change

28 Feb, 20251.811.81
New Home Sales, % Change

Regional Sales

The number of single-family homes sold in the Midwest, South, Northeast and West regions of the US.
0150K300K450K600K750K19901995200020052010201520202025

Mid West

South

North East

West

28 Feb, 202576.00K76.00K438.00K438.00K25.00K25.00K140.00K140.00K
Mid West
South
North East
West

By Stage Of Construction

The number of single-family homes that were not started, under construction and completed that month.
0100K200K300K400K500K600K20052010201520202025

Not Started

Completed

Under Construction

28 Feb, 202583.00K83.00K341.00K341.00K252.00K252.00K
Not Started
Completed
Under Construction

For Sales

Stage Of Construction

Number of single-family homes for sale that were not started, under construction and completed that month.
050K100K150K200K250K300K350K20052010201520202025

Not Started

Completed

Under Construction

28 Feb, 2025102.00K102.00K119.00K119.00K279.00K279.00K
Not Started
Completed
Under Construction

Months Supply

The ratio of houses for sale to houses sold in that month. This indicates the number of months it would take for the inventory to sell, given current prices.
0369121519801990200020102020

Months of Supply

28 Feb, 20252.92.9
Months of Supply

Months on Sale

The median number of months houses are available for sale since their completion.
24681012141960197019801990200020102020

Number of Months

28 Feb, 20258.98.9
Number of Months

Vacancy

Annual Vacancy Rate

The percentage of renter-occupied and owner-occupied houses that were vacant in that quarter.
02.557.51012.51960197019801990200020102020

Renters

Owners

31 Dec, 20246.96.91.11.1
Renters
Owners

Regional Vacant Units For Sale

The number of units that were vacant and available for sale in that quarter in the Midwest, South, Northeast and West regions of the US.
0200K400K600K800K1M200020052010201520202025

Mid West

South

North East

West

31 Dec, 2024188.00K188.00K471.00K471.00K110.00K110.00K200.00K200.00K
Mid West
South
North East
West

Regional Ownership Rate

The percentage of houses that were occupied by owners in the Midwest, South, Northeast and West regions of the US.
566064687276197019801990200020102020

Mid West

South

North East

West

31 Dec, 202471.171.1676761.961.961.161.1
Mid West
South
North East
West

Mfg Home

Manufactured Home Prices

60K75K90K105K120K135K201420152016201720182019202020212022

Mfd. Home price

01 Jun, 2022126.90K126.90K
Mfd. Home price

Regional Prices

50K75K100K125K150K175K201420152016201720182019202020212022

Mid West

South

North East

West

01 Jun, 2022112.50K112.50K125.30K125.30K118.50K118.50K154.20K154.20K
Mid West
South
North East
West

Manufactured Homes Sold

2.50K3.00K3.50K4.00K4.50K5.00K5.50K6.00K6.50K7.00K201420162018202020222024

Manufactured Homes Sold

31 Oct, 20246.50K6.50K
Manufactured Homes Sold