Average and Median Cost for A New Home in The United States

Average & Median Sale Price for A New Home
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Date (Month)	Median Price (USD)	Average Price (USD)	Number of New Homes For Sale (Inventory) at Month's End
June, 2003	$187,900	$239,700	342,000
July, 2003	$190,200	$248,400	342,000
August, 2003	$190,500	$241,000	342,000
September, 2003	$192,000	$254,500	350,000
October, 2003	$194,100	$242,800	368,000
November, 2003	$207,100	$268,300	367,000
December, 2003	$196,000	$253,900	377,000
January, 2004	$209,500	$262,100	376,000
February, 2004	$219,600	$264,100	366,000
March, 2004	$209,600	$261,000	375,000
April, 2004	$222,300	$269,300	382,000
May, 2004	$211,700	$260,400	379,000
June, 2004	$215,700	$263,200	385,000
July, 2004	$212,400	$279,200	397,000
August, 2004	$218,100	$272,200	404,000
September, 2004	$211,600	$269,200	413,000
October, 2004	$229,200	$289,600	414,000
November, 2004	$224,500	$283,200	423,000
December, 2004	$229,600	$284,300	431,000
January, 2005	$223,100	$283,000	441,000
February, 2005	$237,300	$289,100	439,000
March, 2005	$229,300	$289,600	441,000
April, 2005	$236,300	$289,100	441,000
May, 2005	$228,300	$287,400	448,000
June, 2005	$226,100	$279,600	458,000
July, 2005	$229,200	$289,300	459,000
August, 2005	$240,100	$295,000	477,000
September, 2005	$240,400	$299,600	491,000
October, 2005	$243,900	$293,600	492,000
November, 2005	$237,900	$294,400	508,000
December, 2005	$238,600	$290,200	515,000
January, 2006	$244,900	$301,000	525,000
February, 2006	$250,800	$307,900	533,000
March, 2006	$238,800	$298,800	550,000
April, 2006	$257,000	$310,300	558,000
May, 2006	$238,200	$293,900	563,000
June, 2006	$243,200	$305,000	570,000
July, 2006	$238,100	$311,300	568,000
August, 2006	$243,900	$317,300	570,000
September, 2006	$226,700	$296,200	561,000
October, 2006	$250,400	$306,800	558,000
November, 2006	$240,100	$291,800	548,000
December, 2006	$244,700	$301,900	537,000
January, 2007	$254,400	$314,600	539,000
February, 2007	$250,800	$321,500	540,000
March, 2007	$262,600	$329,400	542,000
April, 2007	$242,500	$311,700	542,000
May, 2007	$245,000	$309,700	544,000
June, 2007	$235,500	$306,500	543,000
July, 2007	$246,200	$307,100	538,000
August, 2007	$236,500	$301,300	538,000
September, 2007	$240,300	$292,200	527,000
October, 2007	$234,300	$310,100	518,000
November, 2007	$249,100	$316,800	508,000
December, 2007	$227,700	$284,400	496,000
January, 2008	$232,400	$284,600	488,000
February, 2008	$245,300	$301,200	475,000
March, 2008	$229,300	$287,600	465,000
April, 2008	$246,400	$314,300	458,000
May, 2008	$229,300	$298,200	451,000
June, 2008	$234,300	$299,400	435,000
July, 2008	$237,300	$301,900	421,000
August, 2008	$221,000	$265,500	411,000
September, 2008	$225,200	$287,100	398,000
October, 2008	$213,200	$274,000	384,000
November, 2008	$221,600	$290,100	369,000
December, 2008	$229,600	$263,100	352,000
January, 2009	$208,600	$245,200	340,000
February, 2009	$209,700	$258,600	324,000
March, 2009	$205,100	$259,800	311,000
April, 2009	$219,200	$269,800	300,000
May, 2009	$222,300	$274,600	290,000
June, 2009	$214,700	$274,800	282,000
July, 2009	$214,200	$271,100	272,000
August, 2009	$207,100	$257,800	263,000
September, 2009	$216,600	$290,300	254,000
October, 2009	$215,100	$263,800	243,000
November, 2009	$218,800	$274,700	235,000
December, 2009	$222,600	$278,300	232,000
January, 2010	$218,200	$283,400	231,000
February, 2010	$221,900	$284,100	229,000
March, 2010	$224,800	$262,900	227,000
April, 2010	$208,300	$270,500	216,000
May, 2010	$230,500	$281,100	215,000
June, 2010	$219,500	$256,700	213,000
July, 2010	$212,100	$252,100	210,000
August, 2010	$226,600	$268,800	209,000
September, 2010	$228,000	$270,800	204,000
October, 2010	$204,200	$254,400	199,000
November, 2010	$219,600	$281,700	195,000
December, 2010	$241,200	$291,700	188,000
January, 2011	$240,100	$275,700	185,000
February, 2011	$220,100	$262,800	181,000
March, 2011	$220,500	$260,800	179,000
April, 2011	$224,700	$268,900	172,000
May, 2011	$222,000	$262,700	168,000
June, 2011	$240,200	$273,100	167,000
July, 2011	$229,900	$270,300	165,000
August, 2011	$219,600	$259,300	164,000
September, 2011	$217,000	$255,400	163,000
October, 2011	$224,800	$258,300	159,000
November, 2011	$214,300	$250,000	156,000
December, 2011	$218,600	$262,900	150,000
January, 2012	$221,700	$265,700	148,000
February, 2012	$239,900	$274,000	146,000
March, 2012	$239,800	$283,600	144,000
April, 2012	$236,400	$287,900	143,000
May, 2012	$239,200	$280,900	144,000
June, 2012	$232,600	$271,800	145,000
July, 2012	$237,400	$282,300	142,000
August, 2012	$253,200	$305,500	145,000
September, 2012	$254,600	$297,700	146,000
October, 2012	$247,200	$285,400	149,000
November, 2012	$245,000	$290,700	150,000
December, 2012	$258,300	$299,200	148,000
January, 2013	$251,500	$306,900	148,000
February, 2013	$265,100	$312,500	150,000
March, 2013	$257,500	$300,200	152,000
April, 2013	$279,300	$337,000	159,000
May, 2013	$263,700	$314,000	162,000
June, 2013	$259,800	$306,100	161,000
July, 2013	$262,200	$329,900	172,000
August, 2013	$255,300	$310,800	177,000
September, 2013	$269,800	$321,400	185,000
October, 2013	$264,300	$335,700	187,000
November, 2013	$277,100	$335,600	185,000
December, 2013	$275,500	$321,200	186,000
January, 2014	$269,800	$337,300	188,000
February, 2014	$268,400	$325,900	185,000
March, 2014	$282,300	$331,500	187,000
April, 2014	$274,500	$325,100	188,000
May, 2014	$285,600	$323,500	191,000
June, 2014	$287,000	$338,100	197,000
July, 2014	$280,400	$345,200	206,000
August, 2014	$291,700	$356,200	209,000
September, 2014	$261,500	$319,100	213,000
October, 2014	$299,400	$384,000	213,000
November, 2014	$302,700	$358,800	212,000
December, 2014	$302,000	$373,500	212,000
January, 2015	$292,000	$356,000	206,000
February, 2015	$293,900	$355,900	201,000
March, 2015	$293,400	$352,700	202,000
April, 2015	$292,700	$334,700	205,000
May, 2015	$287,400	$340,800	207,000
June, 2015	$289,200	$329,300	216,000
July, 2015	$296,000	$341,900	219,000
August, 2015	$300,200	$348,800	220,000
September, 2015	$307,600	$367,800	227,000
October, 2015	$298,700	$366,900	228,000
November, 2015	$317,000	$376,800	232,000
December, 2015	$299,000	$358,100	235,000
January, 2016	$291,100	$365,600	235,000
February, 2016	$311,300	$349,400	236,000
March, 2016	$311,400	$367,700	240,000
April, 2016	$321,300	$380,000	239,000
May, 2016	$296,000	$350,000	238,000
June, 2016	$321,600	$364,300	243,000
July, 2016	$295,000	$355,000	236,000
August, 2016	$298,900	$355,100	242,000
September, 2016	$314,800	$366,100	248,000
October, 2016	$302,800	$352,200	250,000
November, 2016	$315,000	$363,400	252,000
December, 2016	$327,000	$382,500	257,000
January, 2017	$315,200	$357,700	259,000
February, 2017	$298,000	$370,500	259,000
March, 2017	$321,700	$384,400	263,000
April, 2017	$311,100	$365,800	262,000
May, 2017	$323,600	$378,400	269,000
June, 2017	$315,200	$370,600	274,000
July, 2017	$322,900	$372,400	275,000
August, 2017	$314,200	$369,200	284,000
September, 2017	$331,500	$379,300	285,000
October, 2017	$319,500	$394,000	289,000
November, 2017	$343,400	$388,500	292,000
December, 2017	$343,300	$402,900	294,000
January, 2018	$329,600	$377,800	294,000
February, 2018	$327,200	$373,600	295,000
March, 2018	$335,400	$369,200	293,000
April, 2018	$314,400	$385,100	294,000
May, 2018	$316,700	$372,600	299,000
June, 2018	$310,500	$370,100	308,000
July, 2018	$327,500	$392,300	313,000
August, 2018	$321,400	$380,900	322,000
September, 2018	$328,300	$386,400	326,000
October, 2018	$328,300	$394,900	335,000
November, 2018	$308,500	$367,100	341,000
December, 2018	$329,700	$381,800	348,000
January, 2019	$305,400	$361,100	349,000
February, 2019	$320,800	$383,600	340,000
March, 2019	$310,600	$372,700	331,000
April, 2019	$339,000	$385,400	330,000
May, 2019	$312,700	$379,100	334,000
June, 2019	$311,800	$361,900	326,000
July, 2019	$308,300	$373,500	327,000
August, 2019	$327,000	$392,700	325,000
September, 2019	$315,700	$372,100	322,000
October, 2019	$322,400	$380,300	324,000
November, 2019	$328,000	$384,400	325,000
December, 2019	$329,500	$377,700	327,000
Date (Month)	Median Price (USD)	Average Price (USD)	Number of New Homes For Sale (Inventory) at Month's End
January, 2020	$328,900	$384,000	329,000
February, 2020	$331,800	$386,200	326,000
March, 2020	$328,200	$375,400	328,000
April, 2020	$310,100	$360,300	321,000
May, 2020	$317,100	$368,700	308,000
June, 2020	$341,100	$382,200	299,000
July, 2020	$329,800	$379,100	290,000
August, 2020	$325,500	$386,300	283,000
September, 2020	$344,400	$405,100	286,000
October, 2020	$346,900	$394,600	284,000
November, 2020	$350,800	$396,100	290,000
December, 2020	$365,300	$401,700	302,000
Date (Month)	Median Price (USD)	Average Price (USD)	Number of New Homes For Sale (Inventory) at Month's End
January, 2021	$373,200	$418,600	300,000
February, 2021	$362,000	$407,500	303,000
March, 2021	$359,600	$414,700	305,000
April, 2021	$376,600	$434,800	315,000
May, 2021	$390,400	$445,300	327,000
June, 2021	$374,700	$431,900	350,000
July, 2021	$406,000	$462,100	364,000
August, 2021	$404,300	$470,000	380,000
September, 2021	$413,200	$470,600	381,000
October, 2021	$427,300	$487,700	387,000
November, 2021	$430,300	$498,800	394,000
December, 2021	$410,000	$491,000	391,000
Date (Month)	Median Price (USD)	Average Price (USD)	Number of New Homes For Sale (Inventory) at Month's End
January, 2022	$430,500	$501,200	389,000
February, 2022	$427,400	$522,200	386,000
March, 2022	$435,900	$511,800	406,000
April, 2022	$458,200	$562,400	425,000
May, 2022	$450,700	$521,500	437,000
June, 2022	$432,700	$472,000	452,000
July, 2022	$478,200	$564,900	461,000
August, 2022	$440,300	$530,800	467,000
September, 2022	$477,700	$530,100	471,000
October, 2022	$496,800 *	$543,300	472,000
November, 2022	$462,300	$527,400	463,000
December, 2022	$479,500	$568,700 *	455,000
Date (Month)	Median Price (USD)	Average Price (USD)	Number of New Homes For Sale (Inventory) at Month's End
January, 2023	$432,100	$495,600	438,000
February, 2023	$433,300	$499,100	428,000
March, 2023	$438,900	$519,600	427,000
April, 2023	$417,200	$500,900	419,000
May, 2023	$421,200	$495,800	422,000
June, 2023	$417,600	$507,800	433,000
July, 2023	$435,800	$507,600	429,000
August, 2023	$440,900	$530,400	435,000
September, 2023	$426,100	$515,000	440,000
October, 2023	$417,500	$498,800	450,000
November, 2023	$429,600	$489,000	456,000
December, 2023	$418,300	$493,000	450,000
Date (Month)	Median Price (USD)	Average Price (USD)	Number of New Homes For Sale (Inventory) at Month's End
January, 2024	$430,400	$527,800	458,000
February, 2024	$420,900	$509,700	457,000
March, 2024	$436,400	$522,500	455,000
April, 2024	$415,300	$500,600	458,000
May, 2024	$414,300	$499,300	466,000
June, 2024 ^‡	$414,000	$495,500	468,000
July, 2024 ^‡	$427,300	$509,800	465,000
August, 2024 ^{^‡}	$410,900	$486,500	472,000
September, 2024 ^§	$426,300	$501,000	473,000
Date (Month)	Median Price (USD)	Average Price (USD)	Number of New Homes For Sale (Inventory) at Month's End

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The above table lists the month-to-month, median and average sale price for a newly built, single-family home (land included), for the entire United States (not seasonally adjusted.) § = Preliminary data; will be updated with revised numbers next month. ‡ = Revised data. * = All-time record high USD = United States dollars Source: The U.S. Census Bureau and the U.S. Department of Housing and Urban Development - New Home Sales - - Existing Home Sales - Average and Median Price for A Used (Preowned) Home in The USA


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The above chart and data table were updated on October 24, 2024.

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Average & Median Sale Price for A New Home