Where Price Per Square Foot Is Highest, Lowest
October 20, 2017
Home buyers in different regions of the U.S. pay vastly different prices per square foot. The median price per square foot on a new single-family home ranges from $81 to $150 across the country, with the highest being in New England, according to a National Association of Home Builders analysis. The Pacific Division of the country has the second highest median price, at $138 per square foot. On the other hand, the lowest median prices can be found in the southern regions, with $81 in the East South Central Division, $89 in the West South Central Division, and $91 in the South Atlantic, according to NAHB.
Source: “Sale and Contract Prices Per Square Foot in 2016,” National Association of Home Builders’ Eye on Housing blog (Oct. 17, 2017)
Updated: August 07, 2020