Housing Starts Data & Statistics

Last Updated: May 8, 2025

Highlights. New house starts are down 11.13% in early 2025 compared to the previous 120-month average.

  • 71.9% of new house starts are single family homes in 2025; most new house starts (54.7%) are in the southern region.
  • In 2024, there were 1.367 million nonseasonally adjusted new house starts; seasonally adjusted housing starts totaled 1.515 million.*
  • House starts in 2024 were down 3.80% year-over-year (YoY), and the ratio of new house starts to permits issued was 92.9%
  • 74.0% of new house starts were single family homes, up 10.9% YoY.
  • Single-family home builds were down 10.8% from 2005** (as a share of all house starts).

*All data are not adjusted unless otherwise noted. Nonadjusted statistics represent true data; seasonal adjustment compensates for annual peaks and valleys in the market.
**The height of the most recent construction boom, 1.716 million single-family homes broke ground in 2005.

Line Graph: Monthly New Housing Permits and Housing Starts (refer to table)

Monthly Authorized Housing Permits & Starts
Month Permits Starts
Mar ’25 125,500 110,700
Feb ’25 106,400 110,700
Jan ’25 111,500 95,000
Dec ’24 112,600 108,000
Nov ’24 107,300 99,200
Oct ’24 125,100 115,100
Sep ’24 113,500 116,100
Aug ’24 131,900 121,800
Jul ’24 126,500 115,300
Jun ’24 125,700 123,600
May ’24 132,400 120,900
Apr ’24 132,300 125,700
Mar ’24 124,300 109,800

Line Graph: New Privately Owned Housing Starts per Fiscal Quarter, from 2019Q4 to 2024Q4, single family, multi-family, and total starts

New Housing Starts by Year

New house starts or new housing starts refer to residential construction projects that have broken ground. Most of the data in this report has not been seasonally adjusted.

  • Over 5 years (January 1, 2020 through December 31, 2024), an average of 1.464 million new privately owned housing units broke ground annually.
  • 1.571 million is the 5-year annual average number of housing permits authorized.
  • In 2024, the number of new house starts (1.471 million) was down 3.80% from 2023.
  • Housing permits issued in 2024 (1.471 million) were down 2.63% from 2023.
  • An average of 1.232 million housing units have been completed each year starting in 2015.

Line Graph: New Privately Owned Housing Starts in 2024, seasonally adjusted and non seasonally adjusted

Annual New Privately Owned Housing Authorized Permits & Starts
Year Permits Starts
2024 1,471,400 1,367,100
2023 1,551,100 1,420,000
2022 1,665,100 1,552,600
2021 1,737,000 1,601,000
2020 1,471,100 1,379,600
2019 1,386,000 1,290,000
2018 1,328,800 1,249,900
2017 1,282,000 1,203,000
2016 1,206,600 1,173,800
2015 1,182,600 1,111,800
2014 1,052,100 1,003,300
2013 990,800 924,900
2012 829,700 780,600
2011 624,100 608,800
2010 604,600 586,900
2009 583,000 554,000
2008 905,400 905,500
2007 1,398,400 1,355,000
2006 1,838,900 1,800,900
2005 2,155,300 2,068,300
2004 2,070,100 1,955,800
2003 1,889,200 1,847,700
2002 1,747,700 1,704,900
2001 1,636,700 1,602,700
2000 1,592,300 1,568,700

Line Graph: 20-year Annual New Housing Permits and New Housing Starts, new permits and new starts according to the U.S. Census Bureau

New Housing Starts in 2023

New house starts were in decline for the second year in a row in 2023, with the greatest YoY decline since 2009.

  • There were million 1.420 million new house starts in 2023, down 8.54% YoY.
  • 1.511 million new housing permits represented a 9.25% decline from 2022.
  • 66.7% of new house starts were single family housing, up 3.08% YoY.
  • The ratio of new house starts to housing permits was 94.0%.
  • The busiest month (April) saw 26,500 (26.7%) more house starts than the slowest month (November).
  • In seasonally adjusted statistics, the busiest month (February) had 22.5% more annual monthly average starts than the slowest time of year (July).
  • The annual monthly average among seasonally adjusted measurements was 118,792 new house starts, down 8.11% from 2022.
  • Among non-adjusted data, the monthly average number of housing starts was 118,333; this is 0.39% lower than the seasonally adjusted monthly average.

Line Graph: New Privately Owned Housing Starts in 2023, seasonally adjusted and non seasonally adjusted

New Housing Starts in 2022

Statistics indicate that 2022 was a relatively typical year for construction compared to 2020 and 2021.

  • There were 1.553 million new house starts in 2022, down 3.02% YoY.
  • 1.67 million new housing permits represented a 4.14% decline from 2021.
  • 64.7% of new house starts were single family housing, down 8.10% YoY.
  • The ratio of new house starts to housing permits was 93.2%.
  • The busiest month (April) saw 32.8% more house starts than the slowest month (July).
  • In seasonally adjusted statistics, the busiest month (April) had a 32.9% higher annual monthly average than the slowest time of year (December).
  • The annual monthly average among seasonally adjusted measurements was 129,271 new house starts, down 3.35% from 2021.
  • Among non-adjusted data, the monthly average number of housing starts was 129,383; this is 0.09% higher than the seasonally adjusted monthly average.

Line Graph: New Privately-Owned Housing Starts Each Year Starting in 1960

Historical Housing Starts

Some public statistics for building starts and permits date to the 1950s. In more recent history, 2021 saw the most new home starts since 2006.

  • 1.432 million is the average annual number of homes started since 1959.
  • New starts in 2024 were up 146.6% compared to 2009, the industry’s lowest point since 1959.
  • The most dramatic annual decrease in housing starts was in 2009, when new starts fell 38.8% from the previous year.
  • 2008 itself was the second-most dramatic plunge with new house starts down 33.2% from 2007.
  • 1983 had the greatest YoY increase on record, with 60.3% more new homes breaking ground than in the previous year.
  • New privately owned housing starts average 119,414 monthly since 1959.
  • An average of 113,995 new housing permits are authorized monthly.
  • Housing units are completed at an average rate of 116,410 per month.
Historical Annual New Privately Owned Housing Authorized Permits & Starts, Selected Years
Year Permits Starts
1999 1,663,500 1,640,900
1995 1,332,500 1,354,100
1990 1,110,800 1,192,700
1985 1,733,300 1,741,800
1980 1,190,600 1,292,200
1975 939,200 1,160,400
1970 1,351,500 1,433,600
1965 1,240,600 1,472,800
1960 997,600 1,252,200

Housing Starts by Location

Among regional housing starts, the South produces the highest rate of single family homes.

  • In 2024, 55.1% of all housing starts were in the South.
  • The number of housing starts in the South was down 4.86% YoY.
  • 74.9% of Southern housing starts were single family.
  • 9.17% of new housing starts in 2024 were in the Northeast.
  • The number of housing starts in the Northeast was up 9.23% YoY.
  • 48.5% of Northeastern homes were single family, giving it the lowest rate of single family home builds.
  • 13.5% of all housing starts were in the Midwest in 2024.
  • The number of housing starts in the Midwest was down 0.16% YoY.
  • 63.9% of Midwestern new housing starts were single family homes.
  • 22.1% of all new housing starts are in the West.
  • The number of housing starts in the West declined 7.86% from 2023 to 2024.
  • 67.7% of new Western homes are single family.
New Privately-Owned Housing Starts by Region, 2024
Region Total Starts Single Family
Northeast 125,400 60,800
Midwest 184,600 118,000
South 753,600 564,200
West 302,400 204,700

National Map of New Privately Owned Housing Permits per 1,000 People in 2024

Housing Permits by State

Statistics indicate that most states and territories have steady real estate and construction industries. While data on housing starts is unavailable, build authorizations are useful for comparative purposes.

  • New single family homes in Hawaii cost more to build (average value $510,866 in 2024) than homes in any other state.
  • The nation’s least expensive single family home builds in 2024 were in Delaware (average value $143,388).
  • Delaware saw the largest number of new build permits relative to the population with one (1) new unit for every 98.34 residents in 2024.
  • Alaska had the lowest number of new build permits relative to the population with one (1) new unit for every 717 residents.
2024 Housing Permits by State
State Building Permits Units Authorized
Alabama 17,676 20,725
Alaska 559 1,032
Arizona 43,453 59,616
Arkansas 10,424 13,684
California 64,460 101,545
Colorado 21,104 32,185
Connecticut 2,355 5,926
Delaware 6,371 7,141
District of Columbia 228 1,737
Florida 126,057 173,326
Georgia 50,157 68,367
Hawaii 2,570 3,879
Idaho 15,170 17,630
Illinois 11,198 20,326
Indiana 20,664 26,633
Iowa 8,211 12,544
Kansas 6,464 9,063
Kentucky 9,769 16,264
Louisiana 12,482 14,310
Maine 4,905 6,034
Maryland 11,006 16,823
Massachusetts 6,303 14,338
Michigan 15,703 21,750
Minnesota 13,878 20,913
Mississippi 7,603 7,883
Missouri 12,348 18,464
Montana 3,404 5,367
Nebraska 6,036 10,479
Nevada 15,823 19,994
New Hampshire 3,131 4,965
New Jersey 16,560 34,932
New Mexico 6,662 7,572
New York 12,127 46,549
North Carolina 71,292 95,163
North Dakota 1,733 2,319
Ohio 18,963 31,411
Oklahoma 11,372 13,669
Oregon 10,321 14,621
Pennsylvania 17,165 24,810
Rhode Island 1,020 1,757
South Carolina 41,287 47,072
South Dakota 3,507 6,017
Tennessee 33,449 44,863
Texas 163,609 225,756
Utah 18,240 23,902
Vermont 1,536 2,654
Virginia 23,290 34,059
Washington 20,596 37,778
West Virginia 3,593 4,192
Wisconsin 13,974 23,826
Wyoming 1,711 2,135

Alabama Housing & Build Permits

New housing authorizations in Alabama represented 1.40% of nationwide permits issued in 2024; single-family home construction costs per unit were lower than the national average, and costs were near average for units in shared buildings.

  • 20,725 new housing units were authorized in Alabama in 2024.
  • 17,423 or 84.1% of units were single family homes.
  • The average permit for buildings included 1.2 housing units each.
  • Buildings with five (5) units or more averaged 27.6 units per building.
  • 98.6% of buildings authorized in Alabama were single family homes.
  • 0.61% of buildings authorized had 5+ units; 14.2% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Alabama was $278,860 (up 1.90% YoY).
  • In buildings with 5+ units, the valuation per unit was $157,377 (up 2.26%).
  • New residential build permits in Alabama had a total valuation of $5.40 billion in 2024, up 6.14% YoY.
  • For every 1,000 Alabama residents, 4.02 new housing units were authorized.

Alaska Housing & Build Permits

New housing authorizations in Alaska represented 0.07% of nationwide permits issued in 2024; single-family home construction costs per unit were higher than the national average, and costs were lower than average for units in shared buildings.

  • 1,032 new housing units were authorized in Alaska in 2024.
  • 446 or 43.2% of units were single family homes.
  • The average permit for buildings included 1.8 housing units each.
  • Buildings with five (5) units or more averaged 17.0 units per building.
  • 79.8% of buildings authorized in Alaska were single family homes.
  • 3.94% of buildings authorized had 5+ units; 36.2% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Alaska was $369,592 (up 3.29% YoY).
  • In buildings with 5+ units, the valuation per unit was $150,422 (down 18.1%).
  • New residential build permits in Alaska had a total valuation of $260 million in 2024, down 0.61% YoY.
  • For every 1,000 Alaska residents, 1.39 new housing units were authorized.

Arizona Housing & Build Permits

New housing authorizations in Arizona represented 4.02% of nationwide permits issued in 2024; construction costs per unit were well below the national average.

  • 59,616 new housing units were authorized in Arizona in 2024.
  • 41,944 or 70.4% of units were single family homes.
  • The average permit for buildings included 1.4 housing units each.
  • Buildings with five (5) units or more averaged 31.2 units per building.
  • 96.5% of buildings authorized in Arizona were single family homes.
  • 1.15% of buildings authorized had 5+ units; 26.0% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Arizona was $294,831 (up 1.92% YoY).
  • In buildings with 5+ units, the valuation per unit was $133,845 (down 11.8%).
  • New residential build permits in Arizona had a total valuation of $14.745 billion in 2024, down 6.59% YoY.
  • For every 1,000 Arizona residents, 7.86 new housing units were authorized.

National Map: Average Units per Building in 2024

Arkansas Housing & Build Permits

New housing authorizations in Arkansas represented 0.92% of nationwide permits issued in 2023; home construction costs per unit were lower than the national average.

  • 13,684 new housing units were authorized in Arkansas in 2024.
  • 9,819 or 71.8% of units were single family homes.
  • The average permit for buildings included 1.3 housing units each.
  • Buildings with five (5) units or more averaged 23.1 units per building.
  • 94.2% of buildings authorized in Arkansas were single family homes.
  • 1.14% of buildings authorized had 5+ units; 20.1% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Arkansas was $274,406 (down 7.74% YoY).
  • In buildings with 5+ units, the valuation per unit was $142,350 (up 15.0%).
  • New residential build permits in Arkansas had a total valuation of $3.25 billion in 2024, up 14.5% YoY.
  • For every 1,000 Arkansas residents, 4.43 new housing units were authorized.

California Housing & Build Permits

New housing authorizations in California represented 6.86% of nationwide permits issued in 2024; construction costs per single family home were comparable to the national average while units in buildings with 5+ apartments were more expensive.

  • 101,545 new housing units were authorized in California in 2024.
  • 61,143 or 60.2% of units were single family homes.
  • The average permit for buildings included 1.6 housing units each.
  • Buildings with five (5) units or more averaged 26.0 units per building.
  • 94.9% of buildings authorized in California were single family homes.
  • 2.15% of buildings authorized had 5+ units; 35.5% of all units authorized were in these buildings.
  • The valuation for the average single family home build in California was $315,194 (up 2.97% YoY).
  • In buildings with 5+ units, the valuation per unit was $184,792 (up 0.87%).
  • New residential build permits in California had a total valuation of $26.80 billion in 2024, down 3.83% YoY.
  • For every 1,000 California residents, 2.58 new housing units were authorized.

Colorado Housing & Build Permits

New housing authorizations in Colorado represented 2.17% of nationwide permits issued in 2024; construction costs per unit were much higher than the national average.

  • 32,185 new housing units were authorized in Colorado in 2024.
  • 20,434 or 63.5% of units were single family homes.
  • The average permit for buildings included 1.5 housing units each.
  • Buildings with five (5) units or more averaged 30.2 units per building.
  • 96.8% of buildings authorized in Colorado were single family homes.
  • 1.72% of buildings authorized had 5+ units; 34.1% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Colorado was $425,059 (up 11.9% YoY).
  • In buildings with 5+ units, the valuation per unit was $210,344 (up 17.1%).
  • New residential build permits in Colorado had a total valuation of $11.15 billion in 2024, up 0.92% YoY.
  • For every 1,000 Colorado residents, 5.40 new housing units were authorized.

Connecticut Housing & Build Permits

New housing authorizations in Connecticut represented % of nationwide permits issued in 2024; construction costs per unit were slightly below the national average.

  • 5,926 new housing units were authorized in Connecticut in 2024.
  • 2,129 or 35.9% of units were single family homes.
  • The average permit for buildings included 2.5 housing units each.
  • Buildings with five (5) units or more averaged 30.9 units per building.
  • 90.4% of buildings authorized in Connecticut were single family homes.
  • 4.80% of buildings authorized had 5+ units; 59.0% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Connecticut was $453,186 (up 1.94% YoY).
  • In buildings with 5+ units, the valuation per unit was $137,044 (up 6.55%).
  • New residential build permits in Connecticut had a total valuation of $1.50 billion in 2024, up 2.00% YoY.
  • For every 1,000 Connecticut residents, 1.61 new housing units were authorized.

Delaware Housing & Build Permits

New housing authorizations in Delaware represented 0.48% of nationwide permits issued in 2024; construction costs per unit were much lower than the national average.

  • 7,141 new housing units were authorized in Delaware in 2024.
  • 6,236 or 87.3% of units were single family homes.
  • The average permit for buildings included 1.1 housing units each.
  • Buildings with five (5) units or more averaged 26.1 units per building.
  • 97.9% of buildings authorized in Delaware were single family homes.
  • 0.41% of buildings authorized had 5+ units; 9.51% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Delaware was $143,388 (down 4.82 % YoY).
  • In buildings with 5+ units, the valuation per unit was $147,647 (up 37.9% YoY).
  • New residential build permits in Delaware had a total valuation of $1.043 million in 2024, up 26.0% YoY.
  • For every 1,000 Delaware residents, 10.2 new housing units were authorized.

District of Columbia Housing & Build Permits

New housing authorizations in D.C. represented 0.12% of nationwide permits issued in 2024; construction costs per unit were far lower than the national average.

  • 1,737 new housing units were authorized in D.C. in 2023.
  • 146 or 8.41% of units were single family homes.
  • The average permit for buildings included 7.6 housing units each.
  • Buildings with five (5) units or more averaged 37.7 units per building.
  • 64.0% of buildings authorized in D.C. were single family homes.
  • 17.5% of buildings authorized had 5+ units; 86.7% of all units authorized were in these buildings.
  • The valuation for the average single family home build in D.C. was $286,932 (up 3.64% YoY).
  • In buildings with 5+ units, the valuation per unit was $142,939 (up 7.02% YoY).
  • New residential build permits in D.C. had a total valuation of $270 million in 2024, down 36.8% YoY.
  • For every 1,000 D.C. residents, 1.65 new housing units were authorized.

Florida Housing & Build Permits

New housing authorizations in Florida represented 11.7% of nationwide permits issued in 2024; construction costs per unit were higher than the national average.

  • 173,326 new housing units were authorized in Florida in 2024.
  • 123,359 or 71.2% of units were single family homes.
  • The average permit for buildings included 1.4 housing units each.
  • Buildings with five (5) units or more averaged 32.6 units per building.
  • 97.9% of buildings authorized in Florida were single family homes.
  • 1.14% of buildings authorized had 5+ units; 27.1% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Florida was $316,383 (up 3.02% YoY).
  • In buildings with 5+ units, the valuation per unit was $205,837 (up 14.9%).
  • New residential build permits in Florida had a total valuation of $49.35 billion in 2024, down 2.73% YoY.
  • For every 1,000 Florida residents, 7.42 new housing units were authorized.

Georgia Housing & Build Permits

New housing authorizations in Georgia represented 4.62% of nationwide permits issued in 2024; construction costs per unit were lower than the national average.

  • 68,367 new housing units were authorized in Georgia in 2024.
  • 48,243 or 70.6% of units were single family homes.
  • The average permit for buildings included 1.4 housing units each.
  • Buildings with five (5) units or more averaged 15.5 units per building.
  • 96.2% of buildings authorized in Georgia were single family homes.
  • 2.31% of buildings authorized had 5+ units; 26.4% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Georgia was $275,834 (up 2.46% YoY).
  • In buildings with 5+ units, the valuation per unit was $142,873 (up 1.75%).
  • New residential build permits in Georgia had a total valuation of $16.20 billion in 2024, up 10.4% YoY.
  • For every 1,000 Georgia residents, 6.11 new housing units were authorized.

Hawaii Housing & Build Permits

New housing authorizations in Hawaii represented 0.26% of nationwide permits issued in 2024; construction costs per unit were the highest in the nation.

  • 3,879 new housing units were authorized in Hawaii in 2024.
  • 2,444 or 63.0% of units were single family homes.
  • The average permit for buildings included 1.5 housing units each.
  • Buildings with five (5) units or more averaged 35.8 units per building.
  • 95.1% of buildings authorized in Hawaii were single family homes.
  • 1.36% of buildings authorized had 5+ units; 32.3% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Hawaii was $510,866 (down 4.69% YoY).
  • In buildings with 5+ units, the valuation per unit was $342,910 (down 1.50%).
  • New residential build permits in Hawaii had a total valuation of $1.71 billion in 2024, up 6.63% YoY.
  • For every 1,000 Hawaii residents, 2.68 new housing units were authorized.

Idaho Housing & Build Permits

New housing authorizations in Idaho represented 1.19% of nationwide permits issued in 2024; construction costs per unit were comparable to the national average.

  • 17,630 new housing units were authorized in Idaho in 2024.
  • 14,821 or 84.1% of units were single family homes.
  • The average permit for buildings included 1.2 housing units each.
  • Buildings with five (5) units or more averaged 20.8 units per building.
  • 97.7% of buildings authorized in Idaho were single family homes.
  • 0.67% of buildings authorized had 5+ units; 12.1% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Idaho was $283,932 (down 1.93% YoY).
  • In buildings with 5+ units, the valuation per unit was $154,554 (down 3.76%).
  • New residential build permits in Idaho had a total valuation of $4.64 billion in 2024, up 4.89% YoY.
  • For every 1,000 Idaho residents, 8.81 new housing units were authorized.

National Map: Valuation ($K) per Housing Unit in 2024

Illinois Housing & Build Permits

New housing authorizations in Illinois represented 1.37% of nationwide permits issued in 2024; construction costs per unit were a little higher than the national average.

  • 20,326 new housing units were authorized in Illinois in 2024.
  • 10,326 or 50.8% of units were single family homes.
  • The average permit for buildings included 1.8 housing units each.
  • Buildings with five (5) units or more averaged 21.3 units per building.
  • 92.2% of buildings authorized in Illinois were single family homes.
  • 3.67% of buildings authorized had 5+ units; 43.2% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Illinois was $354,196 (up 4.49% YoY).
  • In buildings with 5+ units, the valuation per unit was $213,573 (up 23.2%).
  • New residential build permits in Illinois had a total valuation of $5.78 billion in 2024, down 27.9% YoY.
  • For every 1,000 Illinois residents, 1.60 new housing units were authorized.

Indiana Housing & Build Permits

New housing authorizations in Indiana represented 1.80% of nationwide permits issued in 2024; construction costs per unit were higher than the national average.

  • 26,633 new housing units were authorized in Indiana in 2024.
  • 20,082 or 75.4% of units were single family homes.
  • The average permit for buildings included 1.3 housing units each.
  • Buildings with five (5) units or more averaged 22.0 units per building.
  • 97.2% of buildings authorized in Indiana were single family homes.
  • 1.28% of buildings authorized had 5+ units; 21.9% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Indiana was $346,167 (down 1.01% YoY).
  • In buildings with 5+ units, the valuation per unit was $177,722 (up 2.97%).
  • New residential build permits in Indiana had a total valuation of $8.13 billion in 2024, up 5.69% YoY.
  • For every 1,000 Indiana residents, 3.85 new housing units were authorized.

Iowa Housing & Build Permits

New housing authorizations in Iowa represented 0.85% of nationwide permits issued in 2024; construction costs per unit were higher than the national average.

  • 12,544 new housing units were authorized in Iowa in 2024.
  • 7,780 or 62.0% of units were single family homes.
  • The average permit for buildings included 1.5 housing units each.
  • Buildings with five (5) units or more averaged 26.5 units per building.
  • 94.8% of buildings authorized in Iowa were single family homes.
  • 1.89% of buildings authorized had 5+ units; 32.8% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Iowa was $343,426 (up 2.76% YoY).
  • In buildings with 5+ units, the valuation per unit was $146,874 (down 6.52%).
  • New residential build permits in Iowa had a total valuation of $3.40 billion in 2024, up 9.20% YoY.
  • For every 1,000 Iowa residents, 3.87 new housing units were authorized.

Kansas Housing & Build Permits

New housing authorizations in Kansas represented 0.61% of nationwide permits issued in 2024; construction costs per unit were higher than the national average.

  • 9,063 new housing units were authorized in Kansas in 2024.
  • 5,565 or 61.4% of units were single family homes.
  • The average permit for buildings included 1.4 housing units each.
  • Buildings with five (5) units or more averaged 26.0 units per building.
  • 86.1% of buildings authorized in Kansas were single family homes.
  • 0.99% of buildings authorized had 5+ units; 18.3% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Kansas was $360,833 (up 3.33% YoY).
  • In buildings with 5+ units, the valuation per unit was $171,990 (up 1.06%).
  • New residential build permits in Kansas had a total valuation of $2.58 billion in 2024, up 4.95% YoY.
  • For every 1,000 Kansas residents, 3.05 new housing units were authorized.

Kentucky Housing & Build Permits

New housing authorizations in Kentucky represented 1.10% of nationwide permits issued in 2024; construction costs per unit were much lower than the national average.

  • 16,264 new housing units were authorized in Kentucky in 2024.
  • 8,919 or 54.8% of units were single family homes.
  • The average permit for buildings included 1.7 housing units each.
  • Buildings with five (5) units or more averaged 14.3 units per building.
  • 91.3% of buildings authorized in Kentucky were single family homes.
  • 4.53% of buildings authorized had 5+ units; 39.1% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Kentucky was $275,566 (up 2.71% YoY).
  • In buildings with 5+ units, the valuation per unit was $127,855 (up 6.87%).
  • New residential build permits in Kentucky had a total valuation of $3.40 billion in 2024, 12.9% YoY.
  • For every 1,000 Kentucky residents, 3.54 new housing units were authorized.

Louisiana Housing & Build Permits

New housing authorizations in Louisiana represented 0.97% of nationwide permits issued in 2024; construction costs per unit were lower than the national average.

  • 14,310 new housing units were authorized in Louisiana in 2023.
  • 12,120 or 84.7% of units were single family homes.
  • The average permit for buildings included 1.1 housing units each.
  • Buildings with five (5) units or more averaged 15.8 units per building.
  • 97.1% of buildings authorized in Louisiana were single family homes.
  • 0.84% of buildings authorized had 5+ units; 11.6% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Louisiana was $251,081 (up 1.18% YoY).
  • In buildings with 5+ units, the valuation per unit was $179,020 (up 15.1%).
  • New residential build permits in Louisiana had a total valuation of $3.40 billion in 2024, up 5.13% YoY.
  • For every 1,000 Louisiana residents, 3.11 new housing units were authorized.

Maine Housing & Build Permits

New housing authorizations in Maine represented 0.41% of nationwide permits issued in 2024; construction costs per unit were a little higher than the national average.

  • 6,034 new housing units were authorized in Maine in 2024.
  • 4,650 or 77.1% of units were single family homes.
  • The average permit for buildings included 1.2 housing units each.
  • Buildings with five (5) units or more averaged 11.4 units per building.
  • 94.8% of buildings authorized in Maine were single family homes.
  • 1.77% of buildings authorized had 5+ units; 16.4% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Maine was $314,907 (up 3.50% YoY).
  • In buildings with 5+ units, the valuation per unit was $139,696 (down 8.04%).
  • New residential build permits in Maine had a total valuation of $1.68 billion in 2024, down 4.31% YoY.
  • For every 1,000 Maine residents, 4.29 new housing units were authorized.

Maryland Housing & Build Permits

New housing authorizations in Maryland represented 1.14% of nationwide permits issued in 2024; construction costs per unit were lower than the national average.

  • 16,823 new housing units were authorized in Maryland in 2024.
  • 10,885 or 64.7% of units were single family homes.
  • The average permit for buildings included 1.5 housing units each.
  • Buildings with five (5) units or more averaged 62.5 units per building.
  • 98.9% of buildings authorized in Maryland were single family homes.
  • 0.85% of buildings authorized had 5+ units; 34.9% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Maryland was $300,856 (up 7.63% YoY).
  • In buildings with 5+ units, the valuation per unit was $225,548 (up 32.9%).
  • New residential build permits in Maryland had a total valuation of $4.61 billion in 2023, down 7.66% YoY.
  • For every 1,000 Maryland residents, 2.69 new housing units were authorized.

Massachusetts Housing & Build Permits

New housing authorizations in Massachusetts represented 0.97% of nationwide permits issued in 2024; construction costs per unit were much higher than the national average.

  • 14,338 new housing units were authorized in Massachusetts in 2024.
  • 5,626 or 39.2% of units were single family homes.
  • The average permit for buildings included 2.3 housing units each.
  • Buildings with five (5) units or more averaged 23.6 units per building.
  • 89.3% of buildings authorized in Massachusetts were single family homes.
  • 5.30% of buildings authorized had 5+ units; 55.1% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Massachusetts was $480,108 (up 2.41% YoY).
  • In buildings with 5+ units, the valuation per unit was $284,086 (up 13.5%).
  • New residential build permits in Massachusetts had a total valuation of $5.14 billion in 2024, up 16.3% YoY.
  • For every 1,000 Massachusetts residents, 2.01 new housing units were authorized.

Michigan Housing & Build Permits

New housing authorizations in Michigan represented 1.47% of nationwide permits issued in 2024; construction costs per unit were higher than the national average.

  • 21,750 new housing units were authorized in Michigan in 2024.
  • 15,045 or 69.2% of units were single family homes.
  • The average permit for buildings included 1.4 housing units each.
  • Buildings with five (5) units or more averaged 20.4 units per building.
  • 95.8% of buildings authorized in Michigan were single family homes.
  • 1.80% of buildings authorized had 5+ units; 26.5% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Michigan was $329,435 (down 5.89% YoY).
  • In buildings with 5+ units, the valuation per unit was $209,694 (up 8.11%).
  • New residential build permits in Michigan had a total valuation of $6.31 billion in 2024, up 11.7% YoY.
  • For every 1,000 Michigan residents, 2.14 new housing units were authorized.

Minnesota Housing & Build Permits

New housing authorizations in Minnesota represented 1.41% of nationwide permits issued in 2024; construction costs per unit were higher than the national average.

  • 20,913 new housing units were authorized in Minnesota in 2024.
  • 13,420 or 64.2% of units were single family homes.
  • The average permit for buildings included 1.5 housing units each.
  • Buildings with five (5) units or more averaged 58.4 units per building.
  • 96.7% of buildings authorized in Minnesota were single family homes.
  • 0.84% of buildings authorized had 5+ units; 32.6% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Minnesota was $361,707 (up 6.89% YoY).
  • In buildings with 5+ units, the valuation per unit was $202,134 (up 10.6%).
  • New residential build permits in Minnesota had a total valuation of $6.36 billion in 2024, down 5.03% YoY.
  • For every 1,000 Minnesota residents, 3.61 new housing units were authorized.

Mississippi Housing & Build Permits

New housing authorizations in Mississippi represented 0.53% of nationwide permits issued in 2024; construction costs per unit were much lower than the national average.

  • 7,883 new housing units were authorized in Mississippi in 2024.
  • 7,518 or 95.4% of units were single family homes.
  • The average permit for buildings included 1.0 housing units each.
  • Buildings with five (5) units or more averaged 7.0 units per building.
  • 98.9% of buildings authorized in Mississippi were single family homes.
  • 0.43% of buildings authorized had 5+ units; 2.93% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Mississippi was $197,929 down 0.51% YoY).
  • In buildings with 5+ units, the valuation per unit was $58,779 (down 36.1%).
  • New residential build permits in Mississippi had a total valuation of $1.53 billion in 2024, up 3.30% YoY.
  • For every 1,000 Mississippi residents, 2.68 new housing units were authorized.

Missouri Housing & Build Permits

New housing authorizations in Missouri represented 1.25% of nationwide permits issued in 2024; construction costs per unit were comparable to the national average.

  • 18,464 new housing units were authorized in Missouri in 2024.
  • 11,528 or 62.4% of units were single family homes.
  • The average permit for buildings included 1.5 housing units each.
  • Buildings with five (5) units or more averaged 23.3 units per building.
  • 93.4% of buildings authorized in Missouri were single family homes.
  • 1.85% of buildings authorized had 5+ units; 28.9% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Missouri was $334,104 (up 5.33% YoY).
  • In buildings with 5+ units, the valuation per unit was $139,788 (up 7.85%).
  • New residential build permits in Missouri had a total valuation of $4.81 billion in 2023, up 12.8% YoY.
  • For every 1,000 Missouri residents, 2.96 new housing units were authorized.

Montana Housing & Build Permits

New housing authorizations in Montana represented 0.36% of nationwide permits issued in 2024; construction costs per unit were comparable to the national average.

  • 5,367 new housing units were authorized in Montana in 2024.
  • 3,036 or 56.6% of units were single family homes.
  • The average permit for buildings included 1.6 housing units each.
  • Buildings with five (5) units or more averaged 17.4 units per building.
  • 89.2% of buildings authorized in Montana were single family homes.
  • 2.70% of buildings authorized had 5+ units; 29.8% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Montana was $327,042 (down 1.24% YoY).
  • In buildings with 5+ units, the valuation per unit was $134,329 (up 6.68%).
  • New residential build permits in Montana had a total valuation of $1.35 billion in 2024, up 30.7% YoY.
  • For every 1,000 Montana residents, 4.72 new housing units were authorized.

Nebraska Housing & Build Permits

New housing authorizations in Nebraska represented 0.71% of nationwide permits issued in 2024; construction costs per unit were lower than the national average.

  • 10,479 new housing units were authorized in Nebraska in 2024.
  • 5,655 or 54.0% of units were single family homes.
  • The average permit for buildings included 1.7 housing units each.
  • Buildings with five (5) units or more averaged 21.7 units per building.
  • 93.7% of buildings authorized in Nebraska were single family homes.
  • 3.36% of buildings authorized had 5+ units; 42.1% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Nebraska was $295,513 (up 12.7% YoY).
  • In buildings with 5+ units, the valuation per unit was $83,747 (down 22.6%).
  • New residential build permits in Nebraska had a total valuation of $2.11 billion in 2024, up 23.9% YoY.
  • For every 1,000 Nebraska residents, 5.23 new housing units were authorized.

Nevada Housing & Build Permits

New housing authorizations in Nevada represented 1.35% of nationwide permits issued in 2024; construction costs per unit were just below the national average.

  • 19,994 new housing units were authorized in Nevada in 2024.
  • 15,485 or 77.4% of units were single family homes.
  • The average permit for buildings included 1.3 housing units each.
  • Buildings with five (5) units or more averaged 22.2 units per building.
  • 97.9% of buildings authorized in Nevada were single family homes.
  • 1.18% of buildings authorized had 5+ units; 20.6% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Nevada was $277,664 (down 6.66% YoY).
  • In buildings with 5+ units, the valuation per unit was $152,150 (up 1.97%).
  • New residential build permits in Nevada had a total valuation of $4.98 billion in 2024, up 6.19% YoY.
  • For every 1,000 Nevada residents, 6.12 new housing units were authorized.

New Hampshire Housing & Build Permits

New housing authorizations in New Hampshire represented 0.34% of nationwide permits issued in 2024; construction costs per unit were higher than the national average.

  • 4,965 new housing units were authorized in New Hampshire in 2024.
  • 2,904 or 58.5% of units were single family homes.
  • The average permit for buildings included 1.6 housing units each.
  • Buildings with five (5) units or more averaged 20.5 units per building.
  • 92.7% of buildings authorized in New Hampshire were single family homes.
  • 2.62% of buildings authorized had 5+ units; 33.9% of all units authorized were in these buildings.
  • The valuation for the average single family home build in New Hampshire was $389,250 (up 7.70% YoY).
  • In buildings with 5+ units, the valuation per unit was $175,919 (down 5.56% YoY).
  • New residential build permits in New Hampshire had a total valuation of $1.49 billion in 2024, up 8.14% YoY.
  • For every 1,000 New Hampshire residents, 3.52 new housing units were authorized.

New Jersey Housing & Build Permits

New housing authorizations in New Jersey represented 2.36% of nationwide permits issued in 2024; construction costs per unit were higher than the national average.

  • 34,932 new housing units were authorized in New Jersey in 2024.
  • 14,807 or 42.4 of units were single family homes.
  • The average permit for buildings included 2.1 housing units each.
  • Buildings with five (5) units or more averaged 19.9 units per building.
  • 89.4% of buildings authorized in New Jersey were single family homes.
  • 5.50% of buildings authorized had 5+ units; 51.8% of all units authorized were in these buildings.
  • The valuation for the average single family home build in New Jersey was $226,985 (up 3.55% YoY).
  • In buildings with 5+ units, the valuation per unit was $128,421 (up 12.7%).
  • New residential build permits in New Jersey had a total valuation of $5.94 billion in 2024, up 15.1% YoY.
  • For every 1,000 New Jersey residents, 3.68 new housing units were authorized.

New Mexico Housing & Build Permits

New housing authorizations in New Mexico represented 0.51% of nationwide permits issued in 2024; construction costs per unit were just below the national average.

  • 7,572 new housing units were authorized in New Mexico in 2024.
  • 6,488 or 85.7% of units were single family homes.
  • The average permit for buildings included 1.1 housing units each.
  • Buildings with five (5) units or more averaged 26.6 units per building.
  • 97.4% of buildings authorized in New Mexico were single family homes.
  • 0.44% of buildings authorized had 5+ units; 10.2% of all units authorized were in these buildings.
  • The valuation for the average single family home build in New Mexico was $239,434 (down 28.6% YoY).
  • New residential build permits in New Mexico had a total valuation of $1.68 billion in 2024, down 32.7% YoY.
  • For every 1,000 New Mexico residents, 3.55 new housing units were authorized.

New York Housing & Build Permits

New housing authorizations in New York represented 3.14% of nationwide permits issued in 2024; construction costs per unit were below the national average.

  • 46,549 new housing units were authorized in New York in 2024.
  • 10,453 or 22.5% of units were single family homes.
  • The average permit for buildings included 3.8 housing units each.
  • Buildings with five (5) units or more averaged 39.6 units per building.
  • 86.2% of buildings authorized in New York were single family homes.
  • 7.12% of buildings authorized had 5+ units; 73.4% of all units authorized were in these buildings.
  • The valuation for the average single family home build in New York was $406,409 (up 1.30% YoY).
  • In buildings with 5+ units, the valuation per unit was $165,182 (up 2.38%).
  • New residential build permits in New York had a total valuation of $10.21 billion in 2024, up 0.20% YoY.
  • For every 1,000 New York residents, 2.34 new housing units were authorized.

National Map: 2023-2024 (%) Change in Valuation per Housing Unit Authorized according to the U.S. Census Bureau

North Carolina Housing & Build Permits

New housing authorizations in North Carolina represented 6.42% of nationwide permits issued in 2024; construction costs per unit were on par with the national average.

  • 95,163 new housing units were authorized in North Carolina in 2024.
  • 70,047 or 73.6% of units were single family homes.
  • The average permit for buildings included 1.3 housing units each.
  • Buildings with five (5) units or more averaged 31.5 units per building.
  • 98.3% of buildings authorized in North Carolina were single family homes.
  • 1.07% of buildings authorized had 5+ units; 25.3% of all units authorized were in these buildings.
  • The valuation for the average single family home build in North Carolina was $290,178 (up 4.38% YoY).
  • In buildings with 5+ units, the valuation per unit was $157,805 (up 18.7%).
  • New residential build permits in North Carolina had a total valuation of $24.31 billion in 2024, up 6.88% YoY.
  • For every 1,000 North Carolina residents, 8.62 new housing units were authorized.

North Dakota Housing & Build Permits

New housing authorizations in North Dakota represented 0.16% of nationwide permits issued in 2024; construction costs per unit were higher than the national average.

  • 2,319 new housing units were authorized in North Dakota in 2024.
  • 1,651 or 71.2% of units were single family homes.
  • The average permit for buildings included 1.3 housing units each.
  • Buildings with five (5) units or more averaged 36.5 units per building.
  • 95.3% of buildings authorized in North Dakota were single family homes.
  • 0.75% of buildings authorized had 5+ units; 20.4% of all units authorized were in these buildings.
  • The valuation for the average single family home build in North Dakota was $343,939 (up 2.83% YoY).
  • In buildings with 5+ units, the valuation per unit was $146,964 (down 8.99% YoY).
  • New residential build permits in North Dakota had a total valuation of $678 million in 2024, down 1.62% YoY.
  • For every 1,000 North Dakota residents, 2.91 new housing units were authorized.

Ohio Housing & Build Permits

New housing authorizations in Ohio represented 2.12% of nationwide permits issued in 2024; construction costs per unit were roughly equivalent to the national average.

  • 31,411 new housing units were authorized in Ohio in 2024.
  • 12,015 or 56.6% of units were single family homes.
  • The average permit for buildings included 1.7 housing units each.
  • Buildings with five (5) units or more averaged 21.7 units per building.
  • 93.8% of buildings authorized in Ohio were single family homes.
  • 2.92% of buildings authorized had 5+ units; 38.3% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Ohio was $366,353 (up 5.51% YoY).
  • In buildings with 5+ units, the valuation per unit was $119,663 (up 0.84%).
  • New residential build permits in Ohio had a total valuation of $8.22 billion in 2024, up 18.0% YoY.
  • For every 1,000 Ohio residents, 2.64 new housing units were authorized.

Oklahoma Housing & Build Permits

New housing authorizations in Oklahoma represented 0.92% of nationwide permits issued in 2024; construction costs per unit were slightly lower than the national average.

  • 13,669 new housing units were authorized in Oklahoma in 2024.
  • 10,928 or 79.9% of units were single family homes.
  • The average permit for buildings included 1.2 housing units each.
  • Buildings with five (5) units or more averaged 20.4 units per building.
  • 96.1% of buildings authorized in Oklahoma were single family homes.
  • 0.87% of buildings authorized had 5+ units; 14.8% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Oklahoma was $277,111 (up 0.25% YoY).
  • In buildings with 5+ units, the valuation per unit was $137,755 (up 34.6%).
  • New residential build permits in Oklahoma had a total valuation of $3.40 billion in 2024, up 5.77% YoY.
  • For every 1,000 Oklahoma residents, 3.34 new housing units were authorized.

Oregon Housing & Build Permits

New housing authorizations in Oregon represented 0.99% of nationwide permits issued in 2024; construction costs per unit were higher than the national average.

  • 14,621 new housing units were authorized in Oregon in 2024.
  • 9,810 or 67.1% of units were single family homes.
  • The average permit for buildings included 1.4 housing units each.
  • Buildings with five (5) units or more averaged 17.7 units per building.
  • 95.0% of buildings authorized in Oregon were single family homes.
  • 2.29% of buildings authorized had 5+ units; 28.6% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Oregon was $351,133 (up 2.80% YoY).
  • In buildings with 5+ units, the valuation per unit was $166,205 (up 4.11% YoY).
  • New residential build permits in Oregon had a total valuation of $4.28 billion in 2024, down 7.93% YoY.
  • For every 1,000 Oregon residents, 3.42 new housing units were authorized.

Pennsylvania Housing & Build Permits

New housing authorizations in Pennsylvania represented 1.67% of nationwide permits issued in 2024; construction costs per unit were equivalent to the national average.

  • 24,810 new housing units were authorized in Pennsylvania in 2024.
  • 16,348 or 65.9% of units were single family homes.
  • The average permit for buildings included 1.4 housing units each.
  • Buildings with five (5) units or more averaged 21.9 units per building.
  • 95.2% of buildings authorized in Pennsylvania were single family homes.
  • 1.92% of buildings authorized had 5+ units; 29.0% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Pennsylvania was $327,405 (up 8.42% YoY).
  • In buildings with 5+ units, the valuation per unit was $124,438 (down 1.41%).
  • New residential build permits in Pennsylvania had a total valuation of $6.45 billion in 2024, up 7.09% YoY.
  • For every 1,000 Pennsylvania residents, 1.90 new housing units were authorized.

Puerto Rico Housing & Build Permits

New housing authorizations in Puerto Rico represented 0.22% of nationwide permits issued in 2024; construction costs were far below the national average.

  • 3,262 new housing units were authorized in Puerto Rico in 2024.
  • 2,789 or 85.5% of units were single family homes.
  • The average permit for buildings included 1.2 housing units each.
  • Buildings with five (5) units or more averaged 44.8 units per building.
  • 98.7% of buildings authorized in Puerto Rico were single family homes.
  • 0.32% of buildings authorized had 5+ units; 12.4% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Puerto Rico was $111,952 (down 24.1% YoY).
  • In buildings with 5+ units, the valuation per unit was $2220,273 (down 53.9% YoY).
  • New residential build permits in Puerto Rico had a total valuation of $404 million in 2024 (down 31.5% YoY).
  • For every 1,000 Puerto Rico residents, 1.02 new housing units were authorized.

Rhode Island Housing & Build Permits

New housing authorizations in Rhode Island represented 0.12% of nationwide permits issued in 2024; construction costs were below the national average.

  • 1,757 new housing units were authorized in Rhode Island in 2024.
  • 825 or 47.0% of units were single family homes.
  • The average permit for buildings included 1.7 housing units each.
  • Buildings with five (5) units or more averaged 34.9 units per building.
  • 80.9% of buildings authorized in Rhode Island were single family homes.
  • 1.57% of buildings authorized had 5+ units; 31.8% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Rhode Island was $332,263 (up 2.35% YoY).
  • In buildings with 5+ units, the valuation per unit was $102,672 (up 0.27%).
  • New residential build permits in Rhode Island had a total valuation of $387 million in 2024, up 36.9% YoY.
  • For every 1,000 Rhode Island residents, 1.58 new housing units were authorized.

South Carolina Housing & Build Permits

New housing authorizations in South Carolina represented 3.18% of nationwide permits issued in 2024; construction costs per unit were above the national average.

  • 47,072 new housing units were authorized in South Carolina in 2024.
  • 40,558 or 86.2% of units were single family homes.
  • The average permit for buildings included 1.1 housing units each.
  • Buildings with five (5) units or more averaged 16.3 units per building.
  • 98.2% of buildings authorized in South Carolina were single family homes.
  • 0.82% of buildings authorized had 5+ units; 11.7% of all units authorized were in these buildings.
  • The valuation for the average single family home build in South Carolina was $310,087 (up 8.05% YoY).
  • In buildings with 5+ units, the valuation per unit was $131,778 (up 7.40%).
  • New residential build permits in South Carolina had a total valuation of $13.42 billion in 2024, up 18.9% YoY.
  • For every 1,000 South Carolina residents, 8.59 new housing units were authorized.

South Dakota Housing & Build Permits

New housing authorizations in South Dakota represented 0.41% of nationwide permits issued in 2024; construction costs per unit were lower than the national average.

  • 6,017 new housing units were authorized in South Dakota in 2024.
  • 3,257 or 54.1% of units were single family homes.
  • The average permit for buildings included 1.7 housing units each.
  • Buildings with five (5) units or more averaged 16.5 units per building.
  • 92.9% of buildings authorized in South Dakota were single family homes.
  • 4.33% of buildings authorized had 5+ units; 41.6% of all units authorized were in these buildings.
  • The valuation for the average single family home build in South Dakota was $311,962 (up 5.91% YoY).
  • In buildings with 5+ units, the valuation per unit was $139,759 (up 7.80%).
  • New residential build permits in South Dakota had a total valuation of $1.41 billion in 2024, down 2.97% YoY.
  • For every 1,000 South Dakota residents, 6.51 new housing units were authorized.

Tennessee Housing & Build Permits

New housing authorizations in Tennessee represented 3.03% of nationwide permits issued in 2024; construction costs per unit were slightly lower than the national average.

  • 44,863 new housing units were authorized in Tennessee in 2024.
  • 32,660 or 72.8% of units were single family homes.
  • The average permit for buildings included 1.3 housing units each.
  • Buildings with five (5) units or more averaged 27.8 units per building.
  • 97.6% of buildings authorized in Tennessee were single family homes.
  • 1.20% of buildings authorized had 5+ units; 24.9% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Tennessee was $296,392 (up 1.01% YoY).
  • In buildings with 5+ units, the valuation per unit was $131,775 (down 9.02%).
  • New residential build permits in Tennessee had a total valuation of $11.3 billion in 2024, down 1.83% YoY.
  • For every 1,000 Tennessee residents, 6.21 new housing units were authorized.

Texas Housing & Build Permits

New housing authorizations in Texas represented 15.2% of nationwide permits issued in 2024; construction costs per unit were a little lower than the national average.

  • 225,756 new housing units were authorized in Texas in 2024.
  • 158,121 or 70.0% of units were single family homes.
  • The average permit for buildings included 1.4 housing units each.
  • Buildings with five (5) units or more averaged 30.9 units per building.
  • 96.6% of buildings authorized in Texas were single family homes.
  • 1.17% of buildings authorized had 5+ units; 26.2% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Texas was $291,313 (up 7.28% YoY).
  • In buildings with 5+ units, the valuation per unit was $130,433 (up 6.56%).
  • New residential build permits in Texas had a total valuation of $54.9 billion in 2024, up 8.05% YoY.
  • For every 1,000 Texas residents, 7.21 new housing units were authorized.

Utah Housing & Build Permits

New housing authorizations in Utah represented 1.61% of nationwide permits issued in 2024; construction costs per unit were higher than the national average.

  • 23,902 new housing units were authorized in Utah in 2024.
  • 17,674 or 73.9% of units were single family homes.
  • The average permit for buildings included 1.3 housing units each.
  • Buildings with five (5) units or more averaged 16.7 units per building.
  • 96.9% of buildings authorized in Utah were single family homes.
  • 1.81% of buildings authorized had 5+ units; 23.1% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Utah was $350,494 (up 3.86% YoY).
  • In buildings with 5+ units, the valuation per unit was $191,166 (up 2.79%).
  • New residential build permits in Utah had a total valuation of $7.42 billion in 2024, up 6.21% YoY.
  • For every 1,000 Utah residents, 6.82 new housing units were authorized.

Vermont Housing & Build Permits

New housing authorizations in Vermont represented 0.18% of nationwide permits issued in 2024; construction costs per unit were on par with the national average.

  • 2,654 new housing units were authorized in Vermont in 2024.
  • 1,404 or 52.9% of units were single family homes.
  • The average permit for buildings included 1.7 housing units each.
  • Buildings with five (5) units or more averaged 19.4 units per building.
  • 91.4% of buildings authorized in Vermont were single family homes.
  • 3.58% of buildings authorized had 5+ units; 40.1% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Vermont was $333,355 (up 4.38% YoY).
  • In buildings with 5+ units, the valuation per unit was $167,928 (up 29.1% YoY).
  • New residential build permits in Vermont had a total valuation of $675 million in 2024, up 17.7% YoY.
  • For every 1,000 Vermont residents, 4.09 new housing units were authorized.

Virginia Housing & Build Permits

New housing authorizations in Virginia represented 2.30% of nationwide permits issued in 2024; construction costs per unit were lower than the national average.

  • 34,059 new housing units were authorized in Virginia in 2024.
  • 22,796 or 66.9% of units were single family homes.
  • The average permit for buildings included 1.5 housing units each.
  • Buildings with five (5) units or more averaged 43.8 units per building.
  • 97.9% of buildings authorized in Virginia were single family homes.
  • 1.05% of buildings authorized had 5+ units; 31.5% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Virginia was $277,876 (up 2.04% YoY).
  • In buildings with 5+ units, the valuation per unit was $107,076 (down 1.85% YoY).
  • New residential build permits in Virginia had a total valuation of $7.57 billion in 2024, up 1.81% YoY.
  • For every 1,000 Virginia residents, 3.87 new housing units were authorized.

Virgin Islands Housing & Build Permits

2024 Data is not available; new housing authorizations in Virgin Islands represented 0.02% of nationwide permits issued in 2023.

  • 354 new housing units were authorized in Virgin Islands in 2023.
  • 207 or 58.5% of units were single family homes.
  • The average permit for buildings included 1.3 housing units each.
  • Zero (0) buildings included 5+ units.
  • 74.7% of buildings authorized in Virgin Islands were single family homes.
  • The valuation for the average single family home build in Virgin Islands was $243,899 (with no change YoY).
  • New residential build permits in Virgin Islands had a total valuation of $96.1 million in 2023, up 61.4% YoY.
  • For every 1,000 Virgin Island residents, 4.14 new housing units were authorized.

Washington Housing & Build Permits

New housing authorizations in Washington represented 2.55% of nationwide permits issued in 2024; construction costs per unit were higher than the national average.

  • 37,778 new housing units were authorized in Washington in 2024.
  • 19,136 or 50.7% of units were single family homes.
  • The average permit for buildings included 1.8 housing units each.
  • Buildings with five (5) units or more averaged 32.8 units per building.
  • 92.9% of buildings authorized in Washington were single family homes.
  • 2.42% of buildings authorized had 5+ units; 43.3% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Washington was $375,196 (up 3.41% YoY).
  • In buildings with 5+ units, the valuation per unit was $162,319 (up 10.7% YoY).
  • New residential build permits in Washington had a total valuation of $10.38 billion in 2024, up 9.08% YoY.
  • For every 1,000 Washington residents, 4.75 new housing units were authorized.

West Virginia Housing & Build Permits

New housing authorizations in West Virginia represented 0.28% of nationwide permits issued in 2024; construction costs were well below the national average.

  • 4,192 new housing units were authorized in West Virginia in 2024.
  • 3,515 or 83.9% of units were single family homes.
  • The average permit for buildings included 1.2 housing units each.
  • Buildings with five (5) units or more averaged 14.6 units per building.
  • 97.8% of buildings authorized in West Virginia were single family homes.
  • 1.11% of buildings authorized had 5+ units; 13.9% of all units authorized were in these buildings.
  • The valuation for the average single family home build in West Virginia was $227,253 (up 4.41% YoY).
  • In buildings with 5+ units, the valuation per unit was $193,787.
  • New residential build permits in West Virginia had a total valuation of $924 million in 2024, up 21.5% YoY.
  • For every 1,000 West Virginia residents, 2.37 new housing units were authorized.

Wisconsin Housing & Build Permits

New housing authorizations in Wisconsin represented 1.61% of nationwide permits issued in 2024; construction costs per unit were above the national average.

  • 23,826 new housing units were authorized in Wisconsin in 2024.
  • 12,879 or 54.1% of units were single family homes.
  • The average permit for buildings included 1.7 housing units each.
  • Buildings with five (5) units or more averaged 31.0 units per building.
  • 92.2% of buildings authorized in Wisconsin were single family homes.
  • 2.15% of buildings authorized had 5+ units; 39.1% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Wisconsin was $401,072 (up 6.66% YoY).
  • In buildings with 5+ units, the valuation per unit was $143,183 (down 7.03%).
  • New residential build permits in Wisconsin had a total valuation of $6.85 billion in 2024, up 14.7% YoY.
  • For every 1,000 Wisconsin residents, 4.00 new housing units were authorized.

Wyoming Housing & Build Permits

New housing authorizations in Wyoming represented 0.14% of nationwide permits issued in 2024; construction costs were among the highest in the nation.

  • 1,711 new housing units were authorized in Wyoming in 2024.
  • 1,632 or 76.4% of units were single family homes.
  • The average permit for buildings included 1.2 housing units each.
  • Buildings with five (5) units or more averaged 13.8 units per building.
  • 95.4% of buildings authorized in Wyoming were single family homes.
  • 1.52% of buildings authorized had 5+ units; 16.8% of all units authorized were in these buildings.
  • The valuation for the average single family home build in Wyoming was $459,922 (up 20.7% YoY).
  • In buildings with 5+ units, the valuation per unit was $138,553 (up 18.5%).
  • New residential build permits in Wyoming had a total valuation of $819 million in 2023, up 42.3 YoY.
  • For every 1,000 Wyoming residents, 3.63 new housing units were authorized.

Line Graph: New Privately Owned Housing Starts by Building Type from 2001 to 2024

Housing Starts by Building Type

Rental property trends, such as rental vacancy rates and interstate migration statistics indicate fewer moves to single family homes.

  • In 2024, single family homes made up 74.1% of new housing starts.
  • Multi-family homes or those with 2 to 4 units made up 1.32% of new housing.
  • Buildings with between 5 and 19 units made up 2.28% of new housing starts while those with 20+ units represented 22.3% of starts.
  • In 2023, single family homes made up 66.7% of new housing starts.
  • Multi-family homes or those with 2 to 4 units made up 0.94% of new housing.
  • Homes with 5 units or more made up 32.3% of new housing starts.
Annual Housing Starts by Building Type
Year Building Type Starts
2024 Single Family 1,012,900
2 – 4 Units 18,000
5-or-more Units 336,200
2023 Single Family 947,200
2 – 4 Units 13,400
5-or-more Units 459,300
2022 Single Family 1,005,200
2 – 4 Units 16,400
5-or-more Units 531,000
2021 Single Family 1,127,200
2 – 4 Units 11,700
5-or-more Units 462,100
2020 Single Family 990,500
2 – 4 Units 12,300
5-or-more Units 376,800
2019 Single Family 887,700
2 – 4 Units 13,400
5-or-more Units 388,900

Other New Housing Statistics

The number of single family housing starts usually increases every year though 2022 and 2023 saw annual declines.

  • 82.7% of single family homes are detached.
  • 73.2% of single family homes are built with the intent to sell.
  • Among multi-unit residential buildings, 6.50% are built with the intent to sell units; 93.5% are built to be rentals.
  • The average single family home measures 2,370 square feet (ft2), which is more than twice the floor space (125.5% more) than the average apartment.
  • The average apartments measures 1,051ft2.
  • 86.2% of new apartment housing is in buildings with 20 units or more.
  • The square footage of the average single family home declined 2.98% (74ft2) YoY.
  • The average new multi-family unit shrank 1.70% (41ft2).
  • Single family homes were largest in 2015 at an average 2,689ft2.
  • Since 2015, the average home size has declined 11.9% (319ft2).
  • Apartments were largest in 2006, measuring an average of 1,291ft2.
  • Since 2006, the average apartment size has declined 18.6% (319ft2).
2024 Building Characteristics by Number of Units (Estimated)
Building Type Variable Starts
Single Family Built for Sale 743,000
Detached 837,000
Average Size 2,370 ft2
Multi-Family Built for Sale 23,000
Built for Rental 331,000
2-4 Units 18,000
20+ Units 305,000
Average Unit Size 1,051 ft2

New Pending Housing

A building may be listed as “pending” indefinitely, making it difficult to gauge the efficiency of the construction industry based on the number of projects alone.

  • 80% of single family housing projects begin within 8 weeks of authorization.
  • 43% of single family projects break ground within a month (4 weeks) of authorization.
  • 6.1% don’t break ground for 4 months or more.
  • In buildings with 2 units or more, 19% don’t break ground for 4 months or more.
  • Buildings with 10 or more units are the most likely to take longer; 22% don’t break ground within 4 months of authorization.
  • Buildings that take longer to break ground are more likely to be owner-built.

Sources

  1. Census Bureau, New Residential Construction
  2. U.S. Census Bureau, State Population Totals and Components of Change
  3. U.S. Department of Housing and Urban Development, U.S. Housing Market Conditions: National Housing Market Summary and Data