10/29/2026
New Homes Offer Better Value Nationwide
A shift worth noting: across the country, newly built homes are now selling for a median of $205 per square foot—less than the $212 for existing homes. For years, new construction typically commanded a premium, but that’s changed in about a third of major US markets. Builders have responded to increased inventory by adjusting prices and offering more incentives, especially in regions where competition has ramped up. Here in Southern Nevada, I see firsthand how this dynamic is creating more negotiating room for buyers, particularly in neighborhoods with ample new construction. The key takeaway? Expanding housing supply continues to be the most reliable way to improve affordability, though delays in permitting could challenge that progress. As someone who’s always focused on keeping my clients informed, I believe it’s a great time to take a closer look at the value opportunities in new homes—especially if you want the latest features and a little extra leverage at the bargaining table.