much higher than the median sales price of a newly built home according to the US Census Bureau, but the source explains that with the survey design, which gives more weigh to smaller builders who potentially operate in the higher priced-segment.
According to home builders, the construction costs comprise the largest share of the sales price of a single-family home, followed by the finishing lot cost. In 2022, these two categories accounted for almost 70 percent of the final property price. None of the categories experienced major changes between 2019 and 2022. The breakdown applies to a home with an average lot size of 17,218 square feet, finished area 2,561 square feet, and an average final sales price of 644,650 U.S. dollars. This is Cost breakdown of the sales price of single-family homes in the United States from 2017 to 2022
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Other statistics that may interest you Single-family homes in the United States
Overview
6
- Premium Statistic Number of home sales in the U.S. 2014-2023 with forecast until 2025
- Premium Statistic Types of homes purchased in the U.S. 2022, by age group
- Premium Statistic Metros with the highest housing shortage in the U.S. 2023
- Premium Statistic Number of homes in the U.S. 2021, by type
- Premium Statistic Size of purchased homes in the U.S. 2022, by age group
- Premium Statistic Property types of residential real estate bought by foreign buyers in the U.S. 2023
Construction
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- Premium Statistic Single-family housing starts in the U.S. 1980-2022, with forecasts until 2024
- Premium Statistic Value single family construction put in place U.S. 2005-2022 with forecasts to 2027
- Premium Statistic Number of single family building permits in the U.S. 2000-2022
- Premium Statistic Lot inventory for new home construction in 30 cities in the U.S. 2023
- Premium Statistic Residential construction costs in the U.S. Q2 2023, by city
- Premium Statistic Share of home builders seeking new loans in the U.S. 2019-2023, by type
- Premium Statistic Commercial development prospects in the U.S. 2017-2024
- Premium Statistic Size of floor area in new single-family homes in the U.S. 1975-2022
Home prices
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- Premium Statistic Sales price of existing single-family houses in the U.S. 2000-2023
- Premium Statistic Median sales price of new homes sold in the U.S. 1965-2023
- Premium Statistic Typical price of single-family homes in the U.S. 2021-2024, by state
- Premium Statistic Median sales price of existing single-family homes in the U.S. 2021-2023, by metro
- Premium Statistic Average price per square foot in new single-family homes U.S. 2000-2022
- Premium Statistic Annual home price appreciation in the U.S. 2023, by state
- Premium Statistic Median sales price of luxury single family homes in selected markets in the U.S. 2024
- Premium Statistic Cost breakdown of the sales price of single-family homes in the U.S. 2017-2022
House features
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- Premium Statistic Median size of single-family house in the U.S. 2000-2022
- Premium Statistic Number of single-family homes built with outdoor features U.S. 2010-2022
- Premium Statistic Number of single-family homes built with outdoor features U.S. 2022, by feature
- Premium Statistic Number of single-family homes built without outdoor features U.S. 2010-2022
- Premium Statistic Number of single-family homes built with decks U.S. 2010-2022
- Premium Statistic Number of single-family homes built with decks and porches U.S. 2010-2022
- Premium Statistic Number of single-family homes built with decks, porches and patios U.S. 2010-2022
Further Content: You might find this interesting as well
National Association of Home Builders. (February 1, 2023). Cost breakdown of the sales price of single-family homes in the United States from 2017 to 2022 [Graph]. In Statista. Retrieved April 19, 2024, from https://www.statista.com/statistics/1366664/single-family-homes-price-breakdown-usa/
National Association of Home Builders. "Cost breakdown of the sales price of single-family homes in the United States from 2017 to 2022." Chart. February 1, 2023. Statista. Accessed April 19, 2024. https://www.statista.com/statistics/1366664/single-family-homes-price-breakdown-usa/
National Association of Home Builders. (2023). Cost breakdown of the sales price of single-family homes in the United States from 2017 to 2022. Statista. Statista Inc.. Accessed: April 19, 2024. https://www.statista.com/statistics/1366664/single-family-homes-price-breakdown-usa/
National Association of Home Builders. "Cost Breakdown of The Sales Price of Single-family Homes in The United States from 2017 to 2022." Statista, Statista Inc., 1 Feb 2023, https://www.statista.com/statistics/1366664/single-family-homes-price-breakdown-usa/
National Association of Home Builders, Cost breakdown of the sales price of single-family homes in the United States from 2017 to 2022 Statista, https://www.statista.com/statistics/1366664/single-family-homes-price-breakdown-usa/ (last visited April 19, 2024)
Cost breakdown of the sales price of single-family homes in the United States from 2017 to 2022 [Graph], National Association of Home Builders, February 1, 2023. [Online]. Available: https://www.statista.com/statistics/1366664/single-family-homes-price-breakdown-usa/