Home buyers in different regions of the U.S. pay vastly different prices per square foot. The median price per square foot on a new single-family home ranges from $81 to $150 across the country, with the highest being in New England, according to a National Association of Home Builders analysis. The Pacific Division of the country has the second highest median price, at $138 per square foot. On the other hand, the lowest median prices can be found in the southern regions, with $81 in the East South Central Division, $89 in the West South Central Division, and $91 in the South Atlantic, according to NAHB.
Source: “Sale and Contract Prices Per Square Foot in 2016,” National Association of Home Builders’ Eye on Housing blog (Oct. 17, 2017)
