In 2022, Hawaii had the highest average construction value for new homes of all the states in the United States. A new housing unit authorized in Hawaii had an average construction value of roughly 413,100 dollars. Other states with a high average construction cost for new homes were Wyoming, Massachusetts, Wisconsin, and New Hampshire. In contrast, Delaware exhibited the lowest average construction value, amounting to approximately 142,300 U.S. dollars.
Average construction value per new housing unit authorized in the United States in 2022, by state
(in 1,000 U.S. dollars)
Characteristic
Value in thousand U.S. dollars
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Construction Coverage. (March 7, 2023). Average construction value per new housing unit authorized in the United States in 2022, by state (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1419213/average-new-home-construction-value-states-us/
Construction Coverage. "Average construction value per new housing unit authorized in the United States in 2022, by state (in 1,000 U.S. dollars)." Chart. March 7, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1419213/average-new-home-construction-value-states-us/
Construction Coverage. (2023). Average construction value per new housing unit authorized in the United States in 2022, by state (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1419213/average-new-home-construction-value-states-us/
Construction Coverage. "Average Construction Value per New Housing Unit Authorized in The United States in 2022, by State (in 1,000 U.S. Dollars)." Statista, Statista Inc., 7 Mar 2023, https://www.statista.com/statistics/1419213/average-new-home-construction-value-states-us/
Construction Coverage, Average construction value per new housing unit authorized in the United States in 2022, by state (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1419213/average-new-home-construction-value-states-us/ (last visited August 24, 2024)
Average construction value per new housing unit authorized in the United States in 2022, by state (in 1,000 U.S. dollars) [Graph], Construction Coverage, March 7, 2023. [Online]. Available: https://www.statista.com/statistics/1419213/average-new-home-construction-value-states-us/