US Average Sales Price of New Houses Sold By Type of Financing in 2023 Q1
Updated on June 9, 2024.
According to data from the US Census Bureau, the average sales price of new houses sold in the US in 2023 Q1 was $505.30K. The average sales price was highest for those who used Cash financing ($558.40K), followed by those who used Conventional financing ($545.90K), and VA financing ($454.90K).
The chart and table below shows the average sales price for the different types of financing.
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Related Topics: US House Prices Topic List.
Data Source: US Census Bureau.
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US Average Sales Price of New Houses Sold By Type of Financing in 2023 Q1
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| Type of Financing | Average Sales Price ($) |
|---|---|
| Cash | 558400 |
| Conventional | 545900 |
| VA | 454900 |
| FHA | 350500 |