Data / Housing / The United States

Housing in the United States

The latest figures for 8 indicators in the United States, how the states compare, and the source of each figure.

Figures last updated on 2026-10-12.

Median home value

Median home value in the United States was $332,700 in 2024, up 9.7% from 2023.

Of 51 states in 2024, Hawaii had the highest median home value ($839,100) and West Virginia the lowest ($162,600).

United States, 2024$332,700Up 9.7% from 2023History
Highest, 2024$839,100Hawaii
Lowest, 2024$162,600West Virginia
Hawaii: 839,100 USDHawaii839,100District of Columbia: 737,100 USDDistrict of Columbia737,100California: 734,700 USDCalifornia734,700Washington: 564,600 USDWashington564,600Massachusetts: 562,100 USDMassachusetts562,100Colorado: 539,400 USDColorado539,400Utah: 489,400 USDUtah489,400Oregon: 477,600 USDOregon477,600New Jersey: 454,400 USDNew Jersey454,400Nevada: 435,400 USDNevada435,400
Top 10 states, 2024. USD. Source: U.S. Census Bureau.

Highest and lowest states

Full ranking of states. Sources: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units.

House prices, annual change

House price growth in the United States was 2.1% in Q2 2026, down 0.9 percentage points from Q2 2025.

Of 51 states in Q2 2026, Alaska had the highest house price growth (8.3%) and New Mexico the lowest (-1.2%).

United States, Q2 20262.1%Down 0.9 percentage points from Q2 2025History
Highest, Q2 20268.3%Alaska
Lowest, Q2 2026-1.2%New Mexico
Alaska: 8.3 %Alaska8.3Vermont: 7.2 %Vermont7.2Hawaii: 5.9 %Hawaii5.9West Virginia: 5.7 %West Virginia5.7Illinois: 5.5 %Illinois5.5North Dakota: 4.8 %North Dakota4.8Wisconsin: 4.8 %Wisconsin4.8Connecticut: 4.6 %Connecticut4.6Rhode Island: 4.6 %Rhode Island4.6New Jersey: 4.5 %New Jersey4.5
Top 10 states, Q2 2026. %. Source: Federal Housing Finance Agency.

Highest and lowest states

Full ranking of states. Sources: Federal Housing Finance Agency, Annual change in the FHFA traditional purchase-only house price index, not seasonally adjusted, nation, quarterly, calculated with stored inputs; Federal Housing Finance Agency, Annual change in the FHFA traditional purchase-only house price index, not seasonally adjusted, state, calculated with stored inputs.

Median gross rent (monthly)

Median gross rent (monthly) in the United States was $1,413 in 2024, up 4.8% from 2023.

Of 51 states in 2024, California had the highest median gross rent ($2,036) and West Virginia the lowest ($872).

United States, 2024$1,413Up 4.8% from 2023History
Highest, 2024$2,036California
Lowest, 2024$872West Virginia
California: 2,036 USDCalifornia2,036Hawaii: 1,971 USDHawaii1,971District of Columbia: 1,954 USDDistrict of Columbia1,954Massachusetts: 1,762 USDMassachusetts1,762Colorado: 1,761 USDColorado1,761Washington: 1,760 USDWashington1,760New Jersey: 1,720 USDNew Jersey1,720Maryland: 1,705 USDMaryland1,705Florida: 1,669 USDFlorida1,669New York: 1,621 USDNew York1,621
Top 10 states, 2024. USD. Source: U.S. Census Bureau.

Highest and lowest states

Full ranking of states. Sources: U.S. Census Bureau, American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent.

Homeownership rate (US, housing units)

Homeownership rate (US, housing units) in the United States was 65.2% in 2024, up 0.1 percentage points from 2023.

Of 51 states in 2024, West Virginia had the highest homeownership rate (74.9%) and District of Columbia the lowest (41.5%).

United States, 202465.2%Up 0.1 percentage points from 2023History
Highest, 202474.9%West Virginia
Lowest, 202441.5%District of Columbia
West Virginia: 74.9 %West Virginia74.9Maine: 74.3 %Maine74.3Michigan: 73.2 %Michigan73.2Vermont: 73.2 %Vermont73.2Delaware: 73 %Delaware73New Hampshire: 72.8 %New Hampshire72.8Minnesota: 72.2 %Minnesota72.2Idaho: 72.1 %Idaho72.1South Carolina: 71.9 %South Carolina71.9Wyoming: 71.8 %Wyoming71.8
Top 10 states, 2024. %. Source: U.S. Census Bureau.

Highest and lowest states

Full ranking of states. Sources: U.S. Census Bureau, American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs.

Housing units authorized by building permits

Housing units authorized by building permits in the United States were 1.43 million (estimated) in 2025, down 3.1% from 2024.

Of 51 states in 2025, Texas had the most housing units authorized by building permits (210,217) and Alaska the fewest (848).

United States, 20251.43 millionDown 3.1% from 2024History
Highest, 2025210,217Texas
Lowest, 2025848Alaska

Highest and lowest states

Full ranking of states. Sources: U.S. Census Bureau, Building Permits Survey: final annual state estimates of new privately owned housing units authorized, including imputation, United States and states.

US house price index, Q1 1991 = 100

Of 51 states in Q2 2026, Montana had the highest US house price index (753.29) and Connecticut the lowest (325.27).

Highest, Q2 2026753.29Montana
Lowest, Q2 2026325.27Connecticut

Highest and lowest states

Full ranking of states. Sources: Federal Housing Finance Agency, FHFA traditional purchase-only house price index, not seasonally adjusted, state, Q1 1991 = 100.

Homeownership rate, annual survey average (US)

Homeownership rate in the United States (annual survey average (US)) was 65.2% in 2025, down 0.4 percentage points from 2024.

Of 51 states in 2025, West Virginia had the highest homeownership rate (78.1%) and District of Columbia the lowest (40.3%).

United States, 202565.2%Down 0.4 percentage points from 2024History
Highest, 202578.1%West Virginia
Lowest, 202540.3%District of Columbia

Highest and lowest states

Full ranking of states. Sources: U.S. Census Bureau, Housing Vacancies and Homeownership (CPS/HVS) annual statistics, Table 15, homeownership rates by state, United States and states, annual averages.

Rental vacancy rate (US)

Rental vacancy rate (US) in the United States was 7.1% in 2025, up 0.3 percentage points from 2024.

Of 51 states in 2025, Louisiana had the highest rental vacancy rate (11.1%) and Maine the lowest (2.2%).

United States, 20257.1%Up 0.3 percentage points from 2024History
Highest, 202511.1%Louisiana
Lowest, 20252.2%Maine

Highest and lowest states

Full ranking of states. Sources: U.S. Census Bureau, Housing Vacancies and Homeownership (CPS/HVS) annual statistics, Table 3, rental vacancy rates by state, United States and states, annual averages.

Sources and citations

Each figure comes from the table cited here. Cite the publisher; these citations include any notice the publisher requires.

  1. U.S. Census Bureau. American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat. Retrieved 2026-10-09.
  2. Federal Housing Finance Agency (FHFA). Annual change in the FHFA traditional purchase-only house price index, not seasonally adjusted, nation, quarterly, calculated with stored inputs. https://www.fhfa.gov/hpi/download/monthly/hpi_master.csv. Retrieved 2026-10-08.
  3. Federal Housing Finance Agency (FHFA). Annual change in the FHFA traditional purchase-only house price index, not seasonally adjusted, state, calculated with stored inputs. https://www.fhfa.gov/hpi/download/monthly/hpi_master.csv. Retrieved 2026-10-08.
  4. U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25064.dat. Retrieved 2026-10-09.
  5. U.S. Census Bureau. American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs. https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25003.dat. Retrieved 2026-10-09.
  6. U.S. Census Bureau. Building Permits Survey: final annual state estimates of new privately owned housing units authorized, including imputation, United States and states. https://www2.census.gov/econ/bps/State/st2025a.txt. Retrieved 2026-10-12.
  7. Federal Housing Finance Agency (FHFA). FHFA traditional purchase-only house price index, not seasonally adjusted, state, Q1 1991 = 100. https://www.fhfa.gov/hpi/download/monthly/hpi_master.csv. Retrieved 2026-10-08.
  8. U.S. Census Bureau. Housing Vacancies and Homeownership (CPS/HVS) annual statistics, Table 15, homeownership rates by state, United States and states, annual averages. https://www.census.gov/housing/hvs/files/annual25/ann25t_15.xlsx. Retrieved 2026-10-12.
  9. U.S. Census Bureau. Housing Vacancies and Homeownership (CPS/HVS) annual statistics, Table 3, rental vacancy rates by state, United States and states, annual averages. https://www.census.gov/housing/hvs/files/annual25/ann25t_3.xlsx. Retrieved 2026-10-12.

Housing in other areas

More topics for the United States

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