United States Home Values & Market Trends
The United States real estate market trends show that a total of 4,289,041 property sales occurred over the past 12 months. ma has the highest median house values at 611,469.934 followed by ma at 793,561.272. ia has the lowest house values in the U.S. housing market averaging 228,361.323 followed by wv at 209,171.671. Nationally, 237,246 properties are in foreclosure, 13,020 are bank owned, and 48,719 are headed for auction.
United States Real Estate Market Overview
| State | Median Est. Value |
|---|
Housing Market Summary for United States
| Jul 2021 | September 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $316.3K | $377.8K | 19.43% |
| Median Sold Price | $317.4K | $389K | 22.56% |
| Homes For Sale | 493,639 | 517,387 | 4.81% |
| Homes Sold | 3,845,989 | 2,809,150 | -26.96% |
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 385,655. For distressed properties month-over-month, foreclosures changed by 0.062%, bank owned properties by 0.003%, and properties for auction by 0.013%.
- Pre-ForeclosurePre-foreclosure homes account for 4.62% of all residential properties in United States with FL containing 52636 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 $70,697,140 in ID to the lowest home value of $6,436 in LA.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in United States ranges from the highest value of $20,330,000 in UT to the lowest value of $6,683 in VA. Bank owned homes and properties account for 0.34% of properties in United States. There are 56 states within United States; CA containing 1224 REO properties, has the highest number of bank owned properties in a single state.
- AuctionsTX has 6304 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 1.28% 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 $7,918,295 in HI to the lowest value of $15,510 in HI.
More Real Estate Resources for United States
Guide for US
In August 2024, Chicago saw a significant 19% decrease in pre-foreclosures from July, and a 42% drop year-over-year.
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Colorado’s pre-foreclosure properties significantly decline by 33% YoY in July 2024. This suggests improved housing stability, possibly hinting towards broader economic recovery.
Pre-foreclosure properties in Texas dropped 18% month-over-month and 38% year-over-year in July 2024, indicating improved economic stability.