Average sales price of new homes sold in the U.S. from 1965 to 2018
(in 1,000 U.S. dollars)
U.S. house prices: average sales price of new homes sold 1965-2018
In 2018, new homes in the United States were, on average, sold for 385,000 U.S. dollars. Home prices have steadily risen since 2011, after a drop between 2005 and 2011, which corresponds with the 2007-2009 recession. Prices have more or less plateaued since 2017, so the bubble which began to form in 2011 may be about to burst. Almost one third of homes in the U.S. are worth between 50,000 and 174,999 U.S. dollars, which is considerably less than the average sales price of new homes.

When will the next recession hit?

Many industry experts have predicted the next recession is on its way, which would explain the topping out of home prices in recent years. The American public also believe that it will commence in 2020 or by 2025. House prices are rising faster than incomes are, which has led to many Americans being unable to afford homeownership.
Average sales price of new homes sold in the U.S. from 1965 to 2018
(in 1,000 U.S. dollars)
Sales price in thousand U.S. dollars
2018385
2017384.9
2016360.9
2015360.6
2014345.8
2013319.3
2012292.2
2011267.9
2010272.9
2005297
2000207
1995158.7
1990149.8
1985100.8
198076.4
197542.6
197026.6
196521
Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

June 2019

Region

United States

Survey time period

1965 to 2018

Supplementary notes

The sales price includes the land.

U.S. house prices: average sales price of new homes sold 1965-2018
In 2018, new homes in the United States were, on average, sold for 385,000 U.S. dollars. Home prices have steadily risen since 2011, after a drop between 2005 and 2011, which corresponds with the 2007-2009 recession. Prices have more or less plateaued since 2017, so the bubble which began to form in 2011 may be about to burst. Almost one third of homes in the U.S. are worth between 50,000 and 174,999 U.S. dollars, which is considerably less than the average sales price of new homes.

When will the next recession hit?

Many industry experts have predicted the next recession is on its way, which would explain the topping out of home prices in recent years. The American public also believe that it will commence in 2020 or by 2025. House prices are rising faster than incomes are, which has led to many Americans being unable to afford homeownership.
Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Statistics on "Housing market in the United States"
  • Residential housing market
  • Home building
  • Home financing
The most important statistics
  • Affordability
  • Home flipping
Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.