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Unlocking Federal Land Offers Limited Relief in Nation's Housing Shortage, Realtor.com® Finds

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Realtor.com (NASDAQ:NWSA) released a comprehensive analysis of how federal land could impact America's housing shortage. The study reveals that while 10 million acres of land would be needed to build 4 million homes, the solution faces significant geographical limitations.

The research highlights that while federal land comprises 640 million acres (nearly 25% of U.S. landmass), it's predominantly located in Alaska and Western U.S., far from the Northeast where housing shortages are most severe. The Northeast alone faces an 830,000-home deficit as of 2024, yet contains minimal Bureau of Land Management (BLM) land.

Development density significantly impacts potential housing yield, ranging from 61 units per acre in Manhattan to 1 unit per 5 acres in Las Vegas' Clark County. Realtor.com emphasizes that solving the housing crisis requires comprehensive reforms, including zoning changes and infrastructure investment.

Realtor.com (NASDAQ:NWSA) ha pubblicato un'analisi approfondita su come le terre federali potrebbero influenzare la carenza di abitazioni negli Stati Uniti. Lo studio mostra che, sebbene servirebbero 10 milioni di acri di terreno per costruire 4 milioni di case, la soluzione presenta importanti limitazioni geografiche.

La ricerca evidenzia che, nonostante le terre federali coprano 640 milioni di acri (quasi il 25% della superficie terrestre degli USA), queste si trovano principalmente in Alaska e negli Stati Uniti occidentali, lontano dal Nord-Est, dove la carenza abitativa è più grave. Solo nel Nord-Est si registra un deficit di 830.000 abitazioni nel 2024, ma qui la presenza di terre gestite dal Bureau of Land Management (BLM) è minima.

La densità di sviluppo influisce notevolmente sul potenziale numero di abitazioni, variando da 61 unità per acro a Manhattan fino a 1 unità ogni 5 acri nella contea di Clark a Las Vegas. Realtor.com sottolinea che per risolvere la crisi abitativa sono necessarie riforme complete, inclusi cambiamenti nelle normative urbanistiche e investimenti nelle infrastrutture.

Realtor.com (NASDAQ:NWSA) publicó un análisis exhaustivo sobre cómo las tierras federales podrían influir en la escasez de viviendas en Estados Unidos. El estudio revela que, aunque se necesitarían 10 millones de acres de tierra para construir 4 millones de viviendas, la solución enfrenta importantes limitaciones geográficas.

La investigación destaca que, aunque las tierras federales comprenden 640 millones de acres (casi el 25% del territorio de EE.UU.), se encuentran principalmente en Alaska y el oeste de Estados Unidos, lejos del noreste, donde la escasez de viviendas es más grave. Solo en el noreste hay un déficit de 830,000 viviendas en 2024, pero la presencia de tierras del Bureau of Land Management (BLM) es mínima.

La densidad de desarrollo impacta significativamente el potencial de viviendas, variando desde 61 unidades por acre en Manhattan hasta 1 unidad por cada 5 acres en el condado de Clark, Las Vegas. Realtor.com enfatiza que para resolver la crisis de vivienda se requieren reformas integrales, incluyendo cambios en la zonificación e inversión en infraestructura.

Realtor.com (NASDAQ:NWSA)는 연방 토지가 미국의 주택 부족 문제에 미칠 영향을 종합적으로 분석한 보고서를 발표했습니다. 연구에 따르면 400만 채의 주택을 짓기 위해 1,000만 에이커의 토지가 필요하지만, 지리적 제약이 크다는 점이 드러났습니다.

연구는 연방 토지가 6억 4천만 에이커(미국 토지 면적의 약 25%)에 달하지만, 대부분 알래스카와 미국 서부에 위치해 있어 주택 부족이 심각한 북동부 지역과는 거리가 멀다고 강조합니다. 2024년 기준 북동부 지역은 83만 채의 주택 부족을 겪고 있으나, 이 지역에는 토지 관리국(BLM) 토지가 거의 없습니다.

개발 밀도는 잠재적 주택 공급에 큰 영향을 미치며, 맨해튼은 에이커당 61가구, 라스베이거스 클락 카운티는 5에이커당 1가구로 차이가 큽니다. Realtor.com은 주택 위기 해결을 위해서는 용도지역 변경과 인프라 투자 등 포괄적인 개혁이 필요하다고 강조합니다.

Realtor.com (NASDAQ:NWSA) a publié une analyse approfondie sur l’impact que les terres fédérales pourraient avoir sur la pénurie de logements aux États-Unis. L’étude révèle que, bien que 10 millions d’acres de terres seraient nécessaires pour construire 4 millions de maisons, cette solution se heurte à d’importantes contraintes géographiques.

La recherche souligne que, bien que les terres fédérales représentent 640 millions d’acres (près de 25 % du territoire américain), elles sont principalement situées en Alaska et dans l’Ouest américain, loin du Nord-Est où la pénurie de logements est la plus sévère. Le seul Nord-Est fait face à un déficit de 830 000 logements en 2024, mais contient peu de terres gérées par le Bureau of Land Management (BLM).

La densité de développement influence fortement le potentiel de logements, allant de 61 unités par acre à Manhattan à 1 unité pour 5 acres dans le comté de Clark à Las Vegas. Realtor.com souligne que résoudre la crise du logement nécessite des réformes globales, incluant des changements de zonage et des investissements dans les infrastructures.

Realtor.com (NASDAQ:NWSA) veröffentlichte eine umfassende Analyse darüber, wie Bundesland die Wohnungsnot in den USA beeinflussen könnte. Die Studie zeigt, dass zwar 10 Millionen Acres Land benötigt würden, um 4 Millionen Häuser zu bauen, die Lösung jedoch erhebliche geografische Einschränkungen aufweist.

Die Forschung hebt hervor, dass Bundesland zwar 640 Millionen Acres umfasst (fast 25 % der US-Landfläche), diese jedoch überwiegend in Alaska und dem Westen der USA liegen, weit entfernt vom Nordosten, wo die Wohnungsnot am größten ist. Im Nordosten besteht allein ein Defizit von 830.000 Wohnungen im Jahr 2024, dort gibt es jedoch kaum Land des Bureau of Land Management (BLM).

Die Entwicklungsdichte beeinflusst die potenzielle Wohnungszahl erheblich und reicht von 61 Einheiten pro Acre in Manhattan bis zu 1 Einheit pro 5 Acres im Clark County, Las Vegas. Realtor.com betont, dass zur Lösung der Wohnungsnot umfassende Reformen nötig sind, einschließlich Änderungen der Zonierung und Investitionen in die Infrastruktur.

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  • Federal land solution offers limited relief due to geographical mismatch with housing demand
  • Northeast region faces 830,000-home deficit with negligible federal land available
  • Would require massive land development (4-31 million acres) to address housing shortage
  • New analysis shows most federal land is concentrated in the West, while the most acute housing shortages persist in the Northeast
  • According to a Realtor.com® analysis, it would take 10 million acres of land to build 4 million homes

AUSTIN, Texas, July 22, 2025 /PRNewswire/ -- A new report from Realtor.com® finds that while proposals to unlock federal land for housing development may offer localized relief, they fall short of delivering a national solution to America's deepening housing crisis. The report found it would take 10 million acres of land to build 4 million homes, and the geography of federal holdings limits their utility in addressing the areas most in need.

"The U.S. faces an estimated shortage of 3.8 million homes, which is a shortfall that has built up over more than a decade and continues to push home prices out of reach for many Americans," said Realtor.com® Chief Economist Danielle Hale. "Opening up federal land for housing development may generate incremental supply in parts of the West, but it's not a silver bullet. The most severe shortages exist in places like the Northeast, where developable federal land is virtually nonexistent. As a result, we've also got to make better use of the land we already have. That will require meaningful changes to zoning and land use policies to alleviate the housing affordability crisis, especially in high-demand markets."

Federally Owned Land Could Alleviate Housing Shortages in the West
Roughly 640 million acres of land are federally owned—nearly one-quarter of the U.S. landmass. However, the bulk of it is located in Alaska and the Western U.S., managed by agencies like the Bureau of Land Management (BLM). While states like Nevada, Arizona and Montana contain significant federal holdings, many of these areas either already have sufficient housing supply or lack the infrastructure, jobs and population density to support major new development.

By contrast, densely populated metros in the Northeast—where the housing shortage is most acute—have little or no federal land available. For instance, the region alone faces an 830,000-home deficit as of 2024, according to Realtor.com® estimates, yet contains negligible BLM-managed land. Affordable housing in lower-cost regions could have the potential for long-term population shifts, but such migration would require major transformations in the labor market, especially increased support for remote work and new economic hubs.

Density Matters and So Does Location
If BLM land were made available, the number of homes that could be built would vary dramatically depending on development density. For example, at the density of Manhattan (61 units per acre), 90 acres of land could yield more than 5,000 homes, yet at the current average density in Las Vegas' Clark County (1 unit per 5 acres), those same 90 acres would produce only about 20 homes.

To build 3.8 million homes at densities representing where the middle half of the population lives, the U.S. would need to develop 4–31 million acres of land—an enormous range depending on how compact the development is. Building at a density matching the median county–where half of Americans live in a more dense area and half in a less dense area–would require nearly 10 million acres

Potential Housing Units by Density

County

Density Percentile

Cumulative Pop

Units per Acre

Units per 1000 Acres

Acres to Close 3.8 mil Home Gap

New York County, NY

100th

0.5 %

61.4

61,416

62,000

Cook County, IL

99th

5.8 %

3.7

3,693

1,029,000

Harris County, TX

99th

12.4 %

1.8

1,768

2,150,000

Providence County, RI

97th

24.8 %

1.1

1,071

3,547,000

Williamson County, TX

92nd

50.0 %

0.4

400

9,463,000

Clark County, NV

85th

68.2 %

0.2

231

19,912,000

Tuscaloosa County, AL

80th

75.1 %

0.1

122

31,051,000

Solving America's Housing Shortage Will Take Multiple Approaches
While selling small, well-located federal parcels—as seen in recent BLM auctions in Las Vegas—is a step in the right direction and may help individual markets, broader progress requires a more comprehensive toolkit.

"While freeing up federal lands for housing is one of many solutions on the table, addressing the housing crisis at scale requires aligning supply with where demand actually is," added Hale. "That means advancing local reforms, such as easing zoning restrictions, encouraging missing-middle housing, and investing in infrastructure and transit, to unlock land that's already close to jobs, schools and amenities."

Realtor.com® believes solving the housing crisis requires a comprehensive approach, and that's the driving force behind its Let America Build Campaign. The initiative advocates for bold, pro-housing policies that cut through red tape, eliminate restrictive zoning, and modernize outdated regulations that stall or prevent new home construction. With the campaign, Realtor.com® is calling on lawmakers at all levels to prioritize smart, forward-looking solutions to help unlock supply and improve affordability for millions of Americans.

Methodology
Census county population, housing unit and land area data used to calculate county housing density and population percentiles. Data from U.S. Geological Survey (USGS) Gap Analysis Project (GAP) and Federal Agencies utilized to quantify and visualize federal land availability.

About Realtor.com®
Realtor.com® pioneered online real estate and has been at the forefront for over 25 years, connecting buyers, sellers, and renters with trusted insights, professional guidance and powerful tools to help them find their perfect home. Recognized as the No. 1 site trusted by real estate professionals, Realtor.com® is a valued partner, delivering consumer connections and a robust suite of marketing tools to support business growth. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc.

Media contact: Mallory Micetich, press@realtor.com

 

Cision View original content:https://www.prnewswire.com/news-releases/unlocking-federal-land-offers-limited-relief-in-nations-housing-shortage-realtorcom-finds-302509940.html

SOURCE Realtor.com

FAQ

How many acres of federal land would be needed to solve the US housing shortage?

According to Realtor.com's analysis, it would take approximately 10 million acres of land to build 4 million homes at median county density levels.

What is the current US housing shortage in 2024 according to Realtor.com?

The U.S. faces an estimated shortage of 3.8 million homes, a deficit that has accumulated over more than a decade.

How much federal land exists in the United States?

Approximately 640 million acres of land are federally owned, representing nearly one-quarter of the U.S. landmass, primarily concentrated in Alaska and the Western U.S.

What is the housing unit density difference between Manhattan and Las Vegas?

Manhattan has a density of 61 units per acre, while Las Vegas' Clark County averages 1 unit per 5 acres, demonstrating dramatic variation in development potential.

How severe is the Northeast region's housing shortage?

The Northeast region faces an 830,000-home deficit as of 2024, yet contains negligible Bureau of Land Management (BLM) managed land to address the shortage.
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