Housing in the United States

Housing in the United States

Home prices, rents, supply and how affordable it is to live here.

Key figures

Median sales price of new houses

$415,400

$ · 2025

Housing starts

1,355,833

Units per year · 2025

Building permits

1,430,500

Units per year · 2025

Homeownership rate

65.3%

% · 2025

Rental vacancy rate

7.1%

% · 2025

House price index (FHFA)

699.3

Index (1980 Q1 = 100) · 2025

Case-Shiller national home price index

328.5

Index (Jan 2000 = 100) · 2025

New single-family homes sold

678,500

Homes per year · 2025

Months' supply of new houses

8.79

Months · 2025

Homeowner vacancy rate

1.15%

% · 2025

Residential construction spending

$935,732 million

$ million · 2025

Historical data

Pick an indicator to see its long-run evolution.

Median sales price of new houses

1963–2025
$415,400▲ 2201%

Census & HUD, annual average of quarterly medians. Source: FRED series MSPUS.

Sources: BEA, BLS, Census Bureau, EIA, FBI, USDA, NCES, U.S. Treasury and other federal agencies (via FRED where noted). National totals marked “Sum of the 50 states” add up official state figures.

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