By Samuel Stebbins, 3 days ago
A surge in demand for homes in the United States, in addition to limited housing inventory, has created a sellers market unlike anything seen in recent memory.
Homes are now selling faster than ever before — and also for more money than ever before.
As of August 2021, a typical single-family home in the United States costs $303,288 — up 17.7% over the last year.
Of course, home values are not uniform across the country, and in some states, the typical home costs far more than the national average — while in others, homes cost far less.