10/21/2026
New Homes Offer Better Value Nationwide
Here’s something worth noting for anyone navigating today’s housing market: across the nation, the median price per square foot for newly built homes is now $205, compared to $212 for existing homes. That’s a significant shift, as new construction—long considered the pricier option—has become the value play in a third of major US markets. Builders in many areas are adjusting to increased inventory and competition by cutting prices and offering more incentives. For buyers, this means new homes—especially in well-supplied neighborhoods—may present real opportunities, with more room to negotiate. The big picture? Expanding the housing supply remains key to greater affordability, though delays in permitting could slow that momentum. As always, informed decisions and strong negotiation make the difference in maximizing your equity.