United States Home Values & Market Trends

The United States real estate market trends show that a total of 4,501,823 property sales occurred over the past 12 months. ny has the highest median house values at 470,832.486 followed by ny at 743,357.008. wv has the lowest house values in the U.S. housing market averaging 195,406.992 followed by il at 245,213.845. Nationally, 99,586 properties are in foreclosure, 15,518 are bank owned, and 54,026 are headed for auction.

United States Real Estate Market Overview

StateMedian Est. Value

Housing Market Summary for United States

May 2021December 2023Change
Median Listing Price$312.9K$361.7K15.58%
Median Sold Price$305.3K$361.7K18.49%
Homes For Sale434,497399,215-8.12%
Homes Sold3,314,9712,662,067-19.70%
Price
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Homes For Sale
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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%.

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Browse Homes in United States

The median house value in the United States is 364,891.766. For distressed properties month-over-month, foreclosures changed by 0.032%, bank owned properties by 0.005%, and properties for auction by 0.017%.

Foreclosure
There are 56 states within United States; within these states, the median estimated home value for homes in foreclosure ranges from $1,624,865 in NC to the lowest value of $9,565 in NC. Foreclosure homes account for 0.00% of properties in United States with CA containing 10120 foreclosures, the highest number of foreclosure properties in a single state.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.00% of all residential properties in United States with FL containing 5887 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 $71,601,503 in RI to the lowest home value of $17,670 in OH.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in United States ranges from the highest value of $1,989,622 in RI to the lowest value of $9,565 in NC. Bank owned homes and properties account for 0.00% of properties in United States. There are 56 states within United States; MI containing 1726 REO properties, has the highest number of bank owned properties in a single state.
  • Auctions
    TX has 7957 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 0.00% 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 $6,054,426 in HI to the lowest value of $10,330 in HI.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.00% of residential properties in United States with FL containing 69702 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 $9,995,000 in RI to the lowest value of $3,115 in AR.
    Sold Homes
    The median value for recently sold homes ranges from $1,650,000 in SD to the lowest price of $1,511 in SD. There are 56 states within United States. CA has 292198 recently sold homes, the highest number of recently sold properties in a single state. Recently sold homes and properties account for 0.00% of properties in United States.

      More Real Estate Resources for United States

      Guide for US

      Investment Financing
      What You Need to Know About REO Property Financing
      Paperwork after auction
      Auction
      What Happens After You Win a Real Estate Auction: A Comprehensive Guide
      Short sale
      Foreclosure
      Foreclosure vs. Short Sale: Which is the Better Option?
      House in the countryside
      Home Buying Guides & Tips
      How To Spot A Good Deal At A Foreclosure Auction
      See More Articles
      What You Need to Know About REO Property Financing
      Investment Financing|posted 14 February 2024

      Although it’s true it can be harder to find financing for Real Estate Owned (REO) properties compared to regularly listed properties, the banks owning them are very motivated to sell – especially if they own other properties in the area. Research shows that vacant properties reduce taxable value in the neighborhood – not to mention […]

      Paperwork after auction
      What Happens After You Win a Real Estate Auction: A Comprehensive Guide
      Auction|posted 9 February 2024

      Learn the steps to take once you’ve won a home at auction

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      Foreclosure vs. Short Sale: Which is the Better Option?
      Foreclosure|posted 26 January 2024

      Short sales homes are an alternative for investors and homebuyers

      House in the countryside
      How To Spot A Good Deal At A Foreclosure Auction
      Home Buying Guides & Tips|posted 26 January 2024

      Quick tips on how to find a good deal when bidding on a house auction