New homes cost less per square foot than existing homes in some U.S. markets. See where affordable new homes are emerging in ...

Zillow says July 2026 new homes were $205 per sq. ft. vs. $212 for existing, as 9.6 months of supply fuels discounts.

New homes have been selling at a discount relative to existing homes in 17 of the past 19 months, according to Zillow. That’s a reversal from the dynamic from 2018 to 2024, when new homes sold at a ...

New homes sold for a median of $205 per square foot in July, compared to $212 for existing homes, according to Zillow.

New construction's footprint Nationally, newly built homes account for 12.6% of all sales over the 12 months ending July 2026. That's the same share as in 2019, representing a return to pre-pandemic ...

Despite the growing value advantage, new construction remains a relatively small part of the overall market. Newly built homes accounted for 12.6 percent of U.S. home sales during the 12 months ...

Newly built homes are selling for less per square foot than existing properties across much of the U.S., a reversal that is ...

For the first time in years, new construction homes in the United States offer better value per square foot than existing ...