The average size of newly built single-family homes in the United States has stabilized in recent years after decades of steady growth. As of mid-2025, new homes average about 2,364 square feet, with a median size of around 2,125 square feet, according to U.S. Census and National Association of Home Builders data. This marks a slight decline from the mid-2010s, when new homes peaked near 2,500 square feet, reflecting shifting buyer preferences toward smaller, more affordable, and energy-efficient spaces.
In a post on his Truth Social platform in early October, he accused major builders of hoarding lots to prop up prices-likening them to OPEC, which restricts oil output to maintain high prices. "They're my friends ... but now, they can get Financing, and they have to start building Homes. They're sitting on 2 Million empty lots, A RECORD," Trump wrote. He urged Fannie Mae and Freddie Mac to intervene and "get Big Homebuilders going" to "restore the American Dream."
South Dakota's housing market continues to stand out in the heartland. The Realtor.com® State-by-State Housing Report Card gave the Mount Rushmore State a strong B, reflecting solid affordability and steady construction. The report-part of the Let America Build campaign-measures how well states balance home prices with new construction to meet demand. South Dakota's results show a healthy market that's growing sustainably, even as population gains and rising costs begin to test its capacity.
Built by Timber Brook Homes, one of Tremonton's most trusted builders, this mid-row new construction townhome blends quality craftsmanship with a clean, modern look. The light color scheme and open-concept layout create a spacious, inviting feel throughout the main level. Enjoy custom cabinetry, high-end finishes, and a well-designed kitchen and living area perfect for everyday living. Upstairs, the primary suite offers a large walk-in closet and double-sink vanity.
Tay Ladd watched " The Gilded Age," so she gets the old money vs. new money divide. The debate might be as old as New York. The TV show's characters covet storied old townhouses, while contemporary buildings are considered gauche. Ladd knows what side she's on. She prefers a newer "luxury" apartment building filled with communal amenities, like fitness classes or spas, that classic pre-war apartment buildings almost never have.
The short answer: Yes. Even new homes can have defects, ranging from misinstalled appliances to roof damage to grading problems. New construction single-family home sales have been rising since the pandemic, with builders frantically trying to keep up with the housing demand uptick that began in 2020. Builder incentives, mortgage-rate buydowns, and cash toward closing costs have also made new builds more enticing, especially as the gap in sale price between new construction and older homes starts to close.
Miami's real estate market continues to outpace national trends with average home prices reaching $1.13 million, nearly triple the national average of $647,307, according to the latest market data. The city's luxury segment is driving much of this growth, with over 2,100 properties listed at $1 million or higher. Current listing data shows Miami's median home price stands at $649,999, significantly higher than the national median of $379,000.
