Sales of new single-family houses in the United States reached a seasonally adjusted annual rate of 743,000 units in April 2025, marking an 11% increase from March’s 670,000 units and a 3% rise compared to April 2024, according to the new data from the U.S. Census Bureau and the Department of Housing and Urban Development.
The inventory of new houses for sale fell slightly to 504,000 units in April, down 0.6% from 507,000 in March. Compared to April 2024, inventory rose by 9%, when the estimate stood at 464,000. At the current sales pace, the supply declined to 8.1 months, an 11% decrease from 9.1 months in March and 5% above the 7.7 months recorded in April last year.
The median sales price of new homes stood at $407,200, representing a 1% increase from March’s $403,700. However, it was 2% lower than the April 2024 median of $415,300. The average sales price climbed to $518,400, up 4% from $499,700 in March and 4% higher than $500,600 in April the previous year.
Regionally, April 2025 saw the strongest month-over-month growth in the Midwest, where sales rose by 36%, followed by an increase of 12% in the South. Sales in the West grew by 3%, while the Northeast experienced a 15% decline.
The distribution of homes sold in April 2025 also shifted toward higher price brackets, with 34% of new homes priced between $400,000 and $499,999, compared to 30% in the same range a year earlier. Homes priced above $1 million represented 6% of April 2025 sales, up from 5% the previous year.
