After a dramatic increase in 2022, the average sales price of a new home in the United States dropped slightly in 2023 from 540,000 to 511,100 U.S. dollars. The average sales price of a new home exceeded 400,000 U.S. dollars for the first time in 2021.
How has the coronavirus (COVID-19) pandemic affected Americans’ homeownership plans?
Overall, the coronavirus (COVID-19) pandemic has positively influenced the homeownership plans of Americans in 2020. According to a survey among U.S. adults, 28 percent of Millennials were more interested in buying a home due to the coronavirus pandemic compared to 13 percent who were less interested.
Average sales price of new homes sold in the United States from 1965 to 2023
(in 1,000 U.S. dollars)
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US Census Bureau. (January 25, 2024). Average sales price of new homes sold in the United States from 1965 to 2023 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/240991/average-sales-prices-of-new-homes-sold-in-the-us/
US Census Bureau. "Average sales price of new homes sold in the United States from 1965 to 2023 (in 1,000 U.S. dollars)." Chart. January 25, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/240991/average-sales-prices-of-new-homes-sold-in-the-us/
US Census Bureau. (2024). Average sales price of new homes sold in the United States from 1965 to 2023 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/240991/average-sales-prices-of-new-homes-sold-in-the-us/
US Census Bureau. "Average Sales Price of New Homes Sold in The United States from 1965 to 2023 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 25 Jan 2024, https://www.statista.com/statistics/240991/average-sales-prices-of-new-homes-sold-in-the-us/
US Census Bureau, Average sales price of new homes sold in the United States from 1965 to 2023 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/240991/average-sales-prices-of-new-homes-sold-in-the-us/ (last visited December 22, 2024)
Average sales price of new homes sold in the United States from 1965 to 2023 (in 1,000 U.S. dollars) [Graph], US Census Bureau, January 25, 2024. [Online]. Available: https://www.statista.com/statistics/240991/average-sales-prices-of-new-homes-sold-in-the-us/