Housing market data, prices, and characteristics of U.S. housing.
West Virginia leads all U.S. states with a homeownership rate of 74.9%, followed by Maine (74.3%) and Michigan (73.2%). The national rate was 65.2% in 2025. High homeownership states tend to have lower home prices relative to incomes and older, less urbanized populations.
The U.S. Census Bureau’s Vintage 2025 estimates show California with the most housing units (14,995,410) as of July 1, 2025, followed by Texas, Florida, and New York. These state-level counts are updated annually and revised back to the 2020 Census. The data are essential for understanding housing supply, planning, and regional growth.
Median gross rent varies widely across the United States, from under $900 in West Virginia to over $2,000 in California and Hawaii. The latest Census American Community Survey data show a median state rent around $1,300, with coastal and Western states generally highest. This article ranks all states, explains how median rent is calculated, and examines affordability pressures.
The U.S. homeownership rate was 65.2% in 2025, but state rates range from 74.9% in West Virginia to 54.4% in New York. This article breaks down the latest state rankings, historical trends, and the factors driving differences in homeownership across the country.
The U.S. homeownership rate was 65.0 percent in the second quarter of 2026, statistically unchanged from a year earlier. The rental vacancy rate was 7.3 percent and the homeowner vacancy rate was 1.2 percent. Affordability pressures and limited supply continue to keep the rate in a narrow mid-60s band.
The U.S. housing market in 2025 and early 2026 is defined by persistent affordability challenges, near-record home price-to-income ratios, and existing home sales at three-decade lows. While rents have declined and some price growth has decelerated, cost burdens for renters and owners continue to climb, and residential permitting has fallen for a fourth consecutive year. This article summarizes the latest official data on home prices, homeownership, construction, and affordability.