New Single-Family-Home Prices by Region New-Construction Median Sales Prices by Region since 1990
$800,000
2023
South Midwest
West
Northeast
The Northeast region sees the smallest number of new single-family homes built, but they are significantly larger and more expensive than in other regions. The South & Midwest regions have the most affordable prices.
$700,000
$600,000
$500,000
Median Size of New Houses Built in 2023 • Northeast: 2478 sq.ft. • South: 2270 sq.ft. • West: 2126 sq.ft. • Midwest: 2102 sq.ft.
$400,000
2005-2007
$300,000
$200,000
$100,000
$0
*Data per U.S. Census, Characteristics of New Housing: https://www.census.gov/construction/chars/index.html. U.S. new single-family dwellings sold. All numbers approximate, may contain errors and subject to revision.
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