According to home builders, the construction costs comprise the largest share of the sales price of a single-family home, followed by the finishing lot cost. In 2024, these two categories accounted for about ** percent of the final property price. The cost of finishing the lot as a share of all costs has decreased notably, falling by ** percentage points since 1998. In 2024, the breakdown applies to a home with an average lot size of approximately * square feet, finished area of square feet, and an average final sales price of ** U.S. dollars. This is much higher than the median sales price of a newly built home according to the US Census Bureau, but the source explains that with the survey design, which gives more weigh to smaller builders who potentially operate in the higher priced-segment.
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National Association of Home Builders. (January 20, 2025). Cost breakdown of the sales price of single-family homes in the United States from 1998 to 2024 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 31, 2026, from /statistics/1366664/single-family-homes-price-breakdown-usa/
National Association of Home Builders. "Cost breakdown of the sales price of single-family homes in the United States from 1998 to 2024." Chart. January 20, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 31, 2026. /statistics/1366664/single-family-homes-price-breakdown-usa/
National Association of Home Builders. (2025). Cost breakdown of the sales price of single-family homes in the United States from 1998 to 2024. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 31, 2026. /statistics/1366664/single-family-homes-price-breakdown-usa/
National Association of Home Builders. "Cost Breakdown of The Sales Price of Single-family Homes in The United States from 1998 to 2024." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 20 Jan 2025, /statistics/1366664/single-family-homes-price-breakdown-usa/
National Association of Home Builders, Cost breakdown of the sales price of single-family homes in the United States from 1998 to 2024 ÌÇÐÄÆÆ½â°æ, /statistics/1366664/single-family-homes-price-breakdown-usa/ (last visited July 31, 2026)
Cost breakdown of the sales price of single-family homes in the United States from 1998 to 2024 [Graph], National Association of Home Builders, January 20, 2025. [Online]. Available: /statistics/1366664/single-family-homes-price-breakdown-usa/