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Highlights of 2022 Characteristics of New Housing

Of the 1,022,000 single-family homes completed in 2022:

• 96% built for sale in the Northeast were not in an age-restricted development.
• 7% in the Northeast were built without air-conditioning.
• 16% of owner-built homes had one and a half or fewer bathrooms and 38% of owner-built homes had two bathrooms.
• 7% of contractor-built homes in the South had two or more fireplaces.
• 23% of owner-built homes had a full or partial basement and 54% of owner-built homes had a slab or other type of foundation.
• 12% built for sale in the West had an open foyer and 88% built for sale in West did not have an open foyer.
• 74% in the West were heated with gas and 25% in the West were heated with electricity.
• 43% were heated using an air-sourced heat pump.
• 13% in the Midwest were built with only a patio.
The median size of a completed single-family home was 2,299 square feet.

Of the 368,000 multifamily units completed in 2022:

• 38% had two bedrooms and 11% had three or more bedrooms.
• 62% in the West had one bathroom and 37% in the West had two or more bathrooms.
• 99% in the Midwest are not in an age restricted community.
• 7% built for sale were in buildings with one to two floors and 70% built for sale were in buildings with four or more floors.
• 73% had wood framing.
• 88% built for rent had individual laundry facilities and 8% built for rent had shared laundry facilities.
• 38% had a forced-air furnace for the heating system.
• 54% in the Northeast use gas as the heating fuel, while 3% in the South use gas as the heating fuel.
The median size of multifamily units completed that were built for rent was 1,010 square feet, while the median of those built for sale was 1,311 square feet.

Of the 12,000 multifamily buildings completed in 2022:

• 92% had individual laundry locations.
• 92% built for rent in the West had air conditioning and 8% built for rent in the West did not have air conditioning.
• 97% built for rent in the Northeast had a fireplace.
• 93% in the South are framed with wood.
• 27% have parking in the complex only, and 7% have parking in both the building and complex.

Of the 641,000 new single-family homes sold in 2022:

• 25% of detached homes in the Northeast did not have a fireplace and 71% of detached homes in the Northeast had only one fireplace.
• 3% in the West did not have air-conditioning.
• 71% of attached homes in the Northeast are in a homeowners’ association.
• 14% of attached homes had brick as the primary exterior wall material and 34% of attached homes had vinyl siding as the primary exterior wall material.
• 10% were purchased with cash and 5% were financed with VA guaranteed loans.
• 76% in the West were heated with gas and 23% in the West were heated with electricity.
• 64% of attached homes were heated with a forced-air furnace and 33% of attached homes were heated with a heat pump.
• 68% in the Northeast are two stories.
• 54% of detached homes in the Midwest had four or more bedrooms.
The median price of new single-family homes sold in 2022 was $457,800, while the average sales price was $540,000.
The median size of a new single-family home sold in 2022 was 2,383 square feet.
146,000 contractor-built single-family homes were started in 2022.
The median contract price was $388,500.



Note: the estimates shown here are based on sample surveys and are subject to sampling variability as well as nonsampling error.
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