United States Real Estate Market Trends & Home Values

United States Home Values & Market Trends

The United States real estate market trends show that a total of 4,496,516 property sales occurred over the past 12 months. ma has the highest median house values at 588,530.924 followed by ma at 772,535.951. ia has the lowest house values in the U.S. housing market averaging 228,154.846 followed by oh at 227,070.841. Nationally, 234,101 properties are in foreclosure, 12,732 are bank owned, and 47,169 are headed for auction.

United States Real Estate Market Overview

State	Median Est. Value

Housing Market Summary for United States

	Dec 2023	December 2024	Change
Median Listing Price	$355.8K	$359.1K	0.91%
Median Sold Price	$361.7K	$386.7K	6.90%
Homes For Sale	399,215	405,708	1.63%
Homes Sold	2,662,067	2,770,418	4.07%

Price

$/Sqft

Homes For Sale

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

Browse Homes in United States

The median house value in the United States is 371,753. For distressed properties month-over-month, foreclosures changed by 0.065%, bank owned properties by 0.004%, and properties for auction by 0.013%.

Foreclosure

There are 56 states within United States; within these states, the median estimated home value for homes in foreclosure ranges from $2,274,669 in SC to the lowest value of $8,927 in SC. Foreclosure homes account for 6.00% of properties in United States with FL containing 56365 foreclosures, the highest number of foreclosure properties in a single state.

Pre-Foreclosure
Pre-foreclosure homes account for 4.86% of all residential properties in United States with FL containing 53052 pre-foreclosures, the highest number of pre-foreclosure properties in a single state. There are 56 states within United States; of those states, the estimated home value for pre-foreclosure homes ranges from $73,156,830 in RI to the lowest home value of $10,380 in LA.
Bank Owned
The median estimated home value of bank owned homes (REO properties) in United States ranges from the highest value of $17,685,500 in RI to the lowest value of $10,030 in AR. Bank owned homes and properties account for 0.35% of properties in United States. There are 56 states within United States; CA containing 1445 REO properties, has the highest number of bank owned properties in a single state.
Auctions
TX has 6303 auction properties, the highest number of properties going to auction in a single state in the state of United States. Auction homes and other auction properties account for 1.32% of all properties in United States. There are 56 states within United States; of those states, the median estimated home value for homes going to auction ranges from $8,011,710 in HI to the lowest value of $8,927 in HI.

Homes for Sale

Homes and properties that are actively listed for sale account for 10.56% of residential properties in United States with TX containing 46670 homes for sale, the highest number of listed properties in a single state. There are 56 states within United States; homes for sale in those states, have a range of median values from $21,000,000 in CT to the lowest value of $4,226 in PA.

Sold Homes

The median value for recently sold homes ranges from $57,281,596 in DE to the lowest price of $1,097 in DE. There are 56 states within United States. CA has 317388 recently sold homes, the highest number of recently sold properties in a single state. Recently sold homes and properties account for 76.39% of properties in United States.