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U.S. Single family homes - statistics & facts

Everyone wants to feel like the king or queen of their own castle, and there is no other type of home that makes one feel this way more than a single family house. In the United States, close to 44 million individuals lived in rented single family homes as of 2019. However, the number of home sales is expected to increase from about 6.5 million in 2020 to nearly 7.1 million by 2021.

There is an upward trend in the average size of floor area in new single-family homes. In 1975, a new home had an average floor area of about 1,660 square feet. By 2019, this figure had increased by about 900 square feet. The number of single family building permits in the United States has fluctuated considerably since 2000. Between 2005 and 2009, the number of building permits for single family homes decreased fourfold, and amounted to about 978,000 permits in 2020.

The average sales price of existing single-family homes in the United States has increased from about 178,000 U.S. dollars in 2011 to 275,000 U.S. dollars in 2019. New single-family homes are substantially more expensive, at around 321,500 U.S. dollars on average in 2019. As of the last couple years, the most expensive region to buy an existing house is the Western United States, while the South and Midwest are the two least expensive regions. For new houses, the Northeast is the most expensive region.

Outdoor features such as porches, patios, and decks are a popular addition to new single family homes in the United States. In 2019, about 296,000 new houses came with a patio and porch, making it the leading outdoor feature in the United States. Only about 70,000 new homes were built with no outdoor features at all in the United States in that year.

Interesting statistics

In the following 4 chapters, you will quickly find the 20 most important statistics relating to "Single family homes in the U.S.".

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