United States real estate market — prices, rental yield and trend
- Average price: $2,455 / m²
- Gross rental yield: 6.71%
- 12-month price change (USD): 2%
- Transaction cost: 6.9%
- Price basis: national average
Residential property in United States averages $2,455 per square metre. In dollar terms the market has barely moved over the last twelve months (+2%). That makes it the 50th most expensive of the 70 markets in the set.
What a buyer pays in United States
The $2,455 figure is a national average across all residential property types, which flattens a wide spread — the capital typically runs far above it and small towns far below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 6.9% of the price here. On a 100 m² apartment at the average price that is roughly $16,940 on top of the $245,500 purchase price. That is below the 9.5% median across the set, which shortens the time it takes for a purchase to break even. Inside United States we also track Miami separately, where the average is $5,802 — 136.3% above the national figure.
What it earns
Long-term letting returns about 6.7% gross on the purchase price, 23rd of 69 markets by gross yield. Measured against local earnings, the price-to-income ratio is 3.5 — that is how many years of an average local income one average home costs, and it says more about who can buy here than any price figure does.
How this figure is built
The price figure for United States comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data high: the underlying series is official and current. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: FRED/Realtor.com · fred.stlouisfed.org · fhfa.gov · globalpropertyguide.com. Snapshot: 2026-07-23.
Latest United States market analysis
- US 10-year Treasury yield touches 5% for the first time since 2023 as mortgage rates reach 6.76% — 2026-09-15
- US Existing-Home Sales Fell 2.0% in August as Supply Reached 4.9 Months — 2026-09-12
- US Home Price Growth Slowed to 1.4% in July, With 19 Big Metros Losing Momentum — 2026-09-09
- The US 30-Year Mortgage Rate Rose to 6.71%, 21 Basis Points Above Last September — 2026-09-04
- US Residential Construction Spending Fell 7.3% Over the Year to $859 Billion in July — 2026-09-03
- US Home Prices Rose 1.5% in June as Chicago Gained 6.9% and Seattle Slipped — 2026-08-27
- US New-Home Sales Fell to 607,000 in July as Supply Reached 9.6 Months — 2026-08-26
- A US Family Now Needs 34% of Its Income for a New-Home Mortgage, the First Rise in Three Quarters — 2026-08-22
- Miami-Dade Sales Rose for an 11th Month as Houses and Condos Moved Apart — 2026-08-20
- US Housing Starts Fell 12.4% in July as Builders Kept Cutting Prices — 2026-08-19
- Manhattan's Median Rent Hit a Record $5,000 in July — 2026-08-15
- US Homebuyer Numbers Hit a Record Low as Sellers Outnumber Them by Half a Million — 2026-08-15
Related markets: Miami