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 4,727,207 property sales occurred over the past 12 months. id has the highest median house values at 471,372.205 followed by id at 772,394.08. ia has the lowest house values in the U.S. housing market averaging 223,865.451 followed by il at 274,965.007. Nationally, 237,404 properties are in foreclosure, 13,245 are bank owned, and 50,817 are headed for auction.

United States Real Estate Market Overview

State	Median Est. Value

Housing Market Summary for United States

	Feb 2024	January 2025	Change
Median Listing Price	$363.2K	$358.8K	-1.19%
Median Sold Price	$358.2K	$386K	7.76%
Homes For Sale	412,319	428,681	3.97%
Homes Sold	2,498,180	2,723,655	9.03%

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 374,749. For distressed properties month-over-month, foreclosures changed by 0.067%, bank owned properties by 0.004%, and properties for auction by 0.014%.

Foreclosure

There are 56 states within United States; within these states, the median estimated home value for homes in foreclosure ranges from $2,959,000 in AR to the lowest value of $7,961 in AR. Foreclosure homes account for 6.00% of properties in United States with FL containing 56143 foreclosures, the highest number of foreclosure properties in a single state.

Pre-Foreclosure
Pre-foreclosure homes account for 4.87% of all residential properties in United States with FL containing 52742 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 $67,914,902 in RI to the lowest home value of $13,760 in NY.
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 $7,961 in AR. Bank owned homes and properties account for 0.37% of properties in United States. There are 56 states within United States; CA containing 1541 REO properties, has the highest number of bank owned properties in a single state.
Auctions
TX has 8054 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 1.43% 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 $14,650,726 in RI to the lowest value of $18,588 in RI.

Homes for Sale

Homes and properties that are actively listed for sale account for 11.87% of residential properties in United States with FL containing 79727 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 $18,000,000 in WY to the lowest value of $1,040 in GA.

Sold Homes

The median value for recently sold homes ranges from $11,034,100 in NJ to the lowest price of $1,097 in NJ. There are 56 states within United States. CA has 314642 recently sold homes, the highest number of recently sold properties in a single state. Recently sold homes and properties account for 74.80% of properties in United States.