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Number of single family building permits in the U.S. 2000-2019

There were 862,100 building permits for single-family housing units granted in the United States in 2019, an increase of around 6,800 on the previous year. Units have steadily increased since 2011, but the numbers remain considerably lower than the 1.68 million authorized by building permits in 2005.

What is considered a single-family home?

Single-family homes are detached, independent properties built as the residence for one person, family, or household. There were around 1.02 million single-family housing units under construction in the United States as of 2020, and this number is forecast to exceed one million in 2020. In 2017, the average construction cost for single-family homes in the United States was nearly 240,000 U.S. dollars, with interior and exterior finishes accounting for around 42 percent of the costs.

What is the price of a single-family home in the United States?

Price is one of the main factors in deciding whether to buy an existing or new home. In 2018, the median sales price of an existing single-family home in the United States was 261,600 U.S. dollars; however, if the buyer preferred to purchase a new single-family home, they would have to pay in the region of 326,400 U.S. dollars – a difference of around 65,000 U.S. dollars.

Number of single family building permits in the United States from 2000 to 2019

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Source

Release date

2020

Region

United States

Survey time period

2000 to 2019

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Statistics on "Single-family homes in the United States"

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