Homes with swimming pools continue to be valued in the real estate market, with prices having risen significantly since 2019, despite a reduction in the premium compared to pre-pandemic figures. The typical home with a pool is currently listed at $599,000, while homes without pools have also seen steep price increases. This change comes after the COVID-19 pandemic, which had caused a peak in demand and price premiums for homes with swimming pools due to travel restrictions. Now, these premiums have normalized as buyer preferences shift again.
Interestingly, while prices have climbed across the board, the price gap between homes with and without pools, in percentage terms, has narrowed from its pandemic highs.
At the height of the pandemic, the popularity of private swimming pools soared, translating into a substantial pool premium, where homes featuring a pool commanded significantly higher asking prices.
This trend reached a record high in January 2022, when the typical U.S. home with a pool commanded a staggering 61% price premium.
The price premium for a home featuring a pool has slipped 7 percentage points from its 2022 peak, settling at 54%, similar to pre-pandemic levels.
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