STATISTICS
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68% of Americans own a home in 2020
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That is 4% higher than the ownership rate in late 2019
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The median existing-home price was $226,700 in 2020.
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West Virginia has the lowest median home value in the U.S. at $107,064.
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Hawaii has the highest median home value in the U.S. at $646,733.
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50% of buyers find their new home online
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In 2020, millennials will account for 45% of the mortgages on the market.
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25% of real estate sellers in 2019 are from Generation X.
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In 2019, 75% of sellers sell their homes with the first realtor they contact.
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The US housing market is worth $33.6 trillion
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the US real estate market now stands at $33.6 trillion, which is equal to the combined GDP of the U.S. and China.
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In 2020, around 65% of real estate agents are female
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701,000 new houses were sold in the United States this year.
