The average square footage of new homes sold in the United States increased from 2,457 in 2010 to 2,724 in 2015 but dropped in 2019 to 2,518, according to the U.S. Census Bureau’s Characteristics of New Housing.
The report is based on data collected in the Survey of Construction (SOC) which is partially funded by the Department of Housing and Urban Development (HUD). It provides national and regional details on new privately owned single-family and multifamily residential structures.
Characteristics include square footage, number of bedrooms and bathrooms, types of wall material, parking, sales prices and more.
Despite the decline in average square footage, the share of homes with four bedrooms or more that were sold increased from 41% in 2010 to 49% in 2019.
No downsizing
Despite the decline in average square footage, the share of homes with four bedrooms or more that were sold increased from 41% in 2010 to 49% in 2019.
In 2010, 27% of the 323,000 new single-family homes sold in the United States had three or more bathrooms. In 2019, 36% of the 683,000 U.S. homes sold had three or more bathrooms.
Rising prices
The average sales price of new single-family homes sold in 2019 was $383,900, up from $272,900 in 2010. Prices are not adjusted for inflation.
See the Census Bureau’s full report for more.
