The U.S. Cities Leading the New Home Boom
Realtor.com (NASDAQ:NWSA) has released a comprehensive report identifying the top U.S. metros for new home construction, addressing the nation's critical housing shortage of nearly 4 million homes. The analysis spans the 100 largest metropolitan areas, evaluating factors including new-home availability, affordability, sustainability, and buyer demand.
Fayetteville, Arkansas leads the rankings with new homes comprising over 40% of listings and prices below existing homes at $399,717. Boise, Idaho follows with the highest share of new construction at 51% of listings. The top 10 list includes markets across different regions, with strong representation from Southern cities.
The report highlights markets where builders are delivering inventory at accessible price points, with 4 of the top 10 metros offering new homes at or below existing home prices, featuring modern design and enhanced energy efficiency.
Realtor.com (NASDAQ:NWSA) ha pubblicato un rapporto dettagliato che individua le principali aree metropolitane statunitensi per la costruzione di nuove abitazioni, affrontando la grave carenza abitativa del paese, pari a quasi 4 milioni di case. L'analisi copre le 100 maggiori aree metropolitane e valuta disponibilità di nuove abitazioni, accessibilità economica, sostenibilità e domanda degli acquirenti.
Fayetteville, Arkansas guida la classifica: le nuove costruzioni rappresentano oltre il 40% degli annunci e i prezzi medi sono inferiori a quelli delle case esistenti, a $399.717. Boise, Idaho è seconda per quota di nuove costruzioni, con il 51% degli annunci costituito da immobili di nuova realizzazione. La top 10 include mercati di diverse regioni, con una forte presenza di città del Sud.
Il rapporto mette in luce i mercati in cui i costruttori stanno immettendo sul mercato abitazioni a prezzi accessibili: 4 delle prime 10 aree metropolitane offrono nuove case a prezzi pari o inferiori a quelli delle abitazioni esistenti, con design contemporaneo ed efficienza energetica migliorata.
Realtor.com (NASDAQ:NWSA) publicó un informe exhaustivo que identifica las principales áreas metropolitanas de EE. UU. para la construcción de viviendas nuevas, abordando la crítica escasez de viviendas del país, cercana a 4 millones de hogares. El análisis abarca las 100 mayores áreas metropolitanas y evalúa factores como disponibilidad de viviendas nuevas, asequibilidad, sostenibilidad y demanda de compradores.
Fayetteville, Arkansas encabeza la lista, con nuevas viviendas que constituyen más del 40% de los anuncios y precios por debajo de las casas existentes, en $399.717. Boise, Idaho le sigue con la mayor proporción de nueva construcción, representando el 51% de los anuncios. El top 10 incluye mercados de distintas regiones, con fuerte representación de ciudades del sur.
El informe destaca mercados donde los constructores están ofreciendo inventario a precios accesibles: 4 de las 10 principales áreas ofrecen viviendas nuevas a precios iguales o inferiores a los de las casas existentes, con diseño moderno y mayor eficiencia energética.
Realtor.com (NASDAQ:NWSA)는 미국 내 신축 주택 건설 상위 대도시를 파악한 종합 보고서를 공개했습니다. 이 보고서는 약 400만 가구에 달하는 심각한 주택 부족 문제에 대응하기 위한 것으로, 100개 주요 대도시권을 대상으로 신축 주택 공급, 가격 적정성, 지속 가능성, 구매자 수요 등을 평가했습니다.
아칸소주 페이엣빌(Fayetteville)이 1위를 차지했으며, 신축 주택이 전체 매물의 40% 이상을 차지하고 기존 주택보다 낮은 평균가인 $399,717에 거래되고 있습니다. 아이다호주 보이시(Boise)는 매물 중 신축 비율이 51%로 가장 높습니다. 상위 10개 도시는 지역별로 고루 분포되어 있으나 남부 도시들이 두드러집니다.
보고서는 건설업체들이 접근 가능한 가격대의 재고를 공급하는 시장을 강조하며, 상위 10개 메트로 중 4곳은 기존 주택 가격과 같거나 낮은 가격에 신축 주택을 제공하고 있고, 현대적 설계와 향상된 에너지 효율을 갖추고 있다고 전합니다.
Realtor.com (NASDAQ:NWSA) a publié un rapport complet identifiant les principales métropoles américaines pour la construction de logements neufs, répondant à la pénurie critique de près de 4 millions de logements. L'analyse couvre les 100 plus grandes aires métropolitaines et évalue la disponibilité de logements neufs, l'accessibilité financière, la durabilité et la demande des acheteurs.
Fayetteville, Arkansas arrive en tête : les logements neufs représentent plus de 40% des annonces et leurs prix sont inférieurs à ceux des logements existants, à 399 717 $. Boise, Idaho suit avec la plus forte part de construction neuve, soit 51% des annonces. Le top 10 comprend des marchés de différentes régions, avec une forte représentation des villes du Sud.
Le rapport souligne des marchés où les promoteurs proposent des stocks à des niveaux de prix accessibles : 4 des 10 premières métropoles offrent des logements neufs à des prix égaux ou inférieurs à ceux du parc existant, avec un design moderne et une meilleure efficacité énergétique.
Realtor.com (NASDAQ:NWSA) hat einen umfassenden Bericht veröffentlicht, der die wichtigsten US-Metropolregionen für Neubauwohnungen benennt und damit die dringende Wohnungsnot von fast 4 Millionen Wohnungen thematisiert. Die Analyse erstreckt sich über die 100 größten Metropolregionen und bewertet Faktoren wie Verfügbarkeit von Neubauten, Erschwinglichkeit, Nachhaltigkeit und Käufernachfrage.
Fayetteville, Arkansas führt die Rangliste an: Neubauten machen über 40% der Angebote aus und die Preise liegen unter denen bestehender Häuser bei $399.717. Boise, Idaho folgt mit dem höchsten Anteil an Neubauwohnungen, nämlich 51% der Angebote. In den Top 10 sind Märkte aus verschiedenen Regionen vertreten, wobei Südstädte stark vertreten sind.
Der Bericht hebt Märkte hervor, in denen Bauherren Bestände zu erschwinglichen Preisen liefern: 4 der Top-10-Metros bieten Neubauten zu Preisen an, die gleich oder niedriger sind als die von Bestandsimmobilien, mit modernem Design und verbesserter Energieeffizienz.
- None.
- National housing shortage remains significant at nearly 4 million homes
- Elevated mortgage rates continue to impact housing market accessibility
- Many markets still show significant price premiums for new construction
- Some regions show higher climate risk scores for new construction compared to existing homes
Insights
Realtor.com identifies metros leading in new home construction, with Southern cities dominating but representing a nationwide opportunity for addressing housing shortages.
This new Realtor.com report reveals a structural shift in key housing markets, where new construction is emerging as a critical inventory source amid the nation's 4 million home shortage. The data presents a fascinating countertrend to the national affordability crisis, highlighting metros where builders are actively meeting local demand with appropriately priced homes.
The standout finding is the remarkable share of new construction in inventory across several markets. In Fayetteville, AR (ranked #1) and Raleigh, NC, newly built homes comprise over
The geographical diversity is significant. While Southern markets dominate (7 of the top 10), the presence of Boise (West), Portland, ME (Northeast), and Madison, WI (Midwest) indicates this is a nationwide phenomenon with regional bright spots. These metros share key characteristics: strong local economies, healthy job markets, and builder responsiveness to local demand patterns.
The climate risk metrics introduce another dimension - in several top metros, newly built homes demonstrate lower vulnerability to natural hazards than existing housing stock, reflecting advances in building codes and location planning. This could become an increasingly important selling point as climate concerns grow.
For News Corp (NWSA), which owns Realtor.com, this report represents valuable thought leadership that positions the company at the center of housing policy discussions. The report's connection to their "Let America Build" initiative, which recently gained bipartisan support from the U.S. Conference of Mayors, demonstrates how Realtor.com is leveraging its data capabilities to influence policy while strengthening its brand authority in the real estate space.
New report from Realtor.com® ranks the metros leading the charge on affordability, availability and climate-smart new construction for today's buyers
New construction hotspots
Realtor.com® analyzed the 100 largest
Fayetteville -Springdale -Rogers, Ark. Boise City ,Idaho - Nashville-Davidson–Murfreesboro–Franklin, Tenn.
McAllen -Edinburg -Mission, Texas Portland -South Portland, Maine Madison, Wisc .Greenville -Anderson -Greer, S.C. Austin -Round Rock -San Marcos, Texas Charlotte -Concord -Gastonia, N.C. -S.C.Raleigh -Cary, N.C.
"Our top metros for new construction are places where builders are delivering much-needed inventory at price points that reflect local demand," said Danielle Hale, chief economist at Realtor.com®. "With nearly half of the for-sale homes in some of these metros being new construction, and often being sold at or below the cost of existing homes, buyers in these areas have a real chance to find homeownership with high-quality, newly built homes at prices they can afford."
With mortgage rates still elevated and many existing homeowners staying put, new construction has emerged as a crucial source of inventory for today's buyers. In some markets, such as
Southern and midsize cities lead the way
The top-ranked market,
"Our data shows that strong local job markets, builder investment and affordability are converging in these metros to create opportunity," said Joel Berner, senior economist at Realtor.com®. "When communities reduce zoning barriers and support sustainable building practices, it's a win for affordability, livability and long-term resilience. These are the places helping to close the gap between supply and demand, and giving families a shot at the American dream."
It's a nationwide trend, and not just a Southern story
While the South dominates the list, each region of the country is represented in the top 10, from
"The only way to ease the nation's housing affordability crisis is to increase the housing supply and local, state and federal governments all have an important role to play," said Buddy Hughes, chairman of the National Association of Home Builders and a home builder and developer from
Let America Build
This new ranking builds on the Realtor.com® Let America Build initiative, which advocates for bold solutions to break down barriers to new home construction, such as cutting red tape, eliminating restrictive zoning, and modernizing outdated regulations. The campaign recently gained national momentum with the
See the full report for additional commentary and data insights on the top 10 metro markets.
2025 Top 25 Metros for New Construction Ranking Criteria
Top New Construction Metro | New | New | Climate | Page | New | |
1 | 43.1 % | -4.5 % | -0.7 % | -18.8 % | 72 | |
2 | 51.0 % | -3.4 % | -3.4 % | -49.8 % | 66 | |
3 | 37.0 % | 5.8 % | 1.2 % | -38.6 % | 52 | |
4 | 27.8 % | 6.4 % | 0.0 % | -14.0 % | 63 | |
5 | 22.1 % | 9.0 % | -3.4 % | 137.8 % | 76 | |
6 | 25.1 % | 11.1 % | -3.0 % | 68.4 % | 80 | |
7 | 30.6 % | 1.0 % | 3.8 % | -39.0 % | 53 | |
8 | 24.2 % | -7.2 % | -0.4 % | -58.4 % | 60 | |
9 | 28.6 % | 8.8 % | 0.6 % | -22.2 % | 66 | |
10 | 47.3 % | -0.1 % | 3.2 % | -38.1 % | 77 | |
11 | 27.9 % | 1.6 % | 4.5 % | -38.2 % | 57 | |
12 | 23.9 % | 11.6 % | -0.1 % | 13.8 % | 72 | |
13 | 18.3 % | -13.1 % | -0.7 % | -21.3 % | 75 | |
14 | 32.8 % | 20.1 % | 3.3 % | -13.4 % | 70 | |
15 | 36.4 % | 3.5 % | 5.5 % | -58.1 % | 65 | |
16 | 27.0 % | 18.1 % | 3.8 % | 13.8 % | 72 | |
17 | 28.0 % | 8.0 % | 6.0 % | -33.4 % | 62 | |
18 | 30.2 % | -4.6 % | 5.2 % | -54.2 % | 78 | |
19 | 18.5 % | 0.9 % | -6.1 % | -33.7 % | 88 | |
20 | Spokane-Spokane | 19.4 % | 12.1 % | 2.7 % | -25.3 % | 52 |
21 | 31.6 % | 5.5 % | 7.8 % | -72.0 % | 56 | |
22 | 35.5 % | 26.2 % | -4.2 % | -19.8 % | 114 | |
23 | 28.6 % | 24.3 % | 6.8 % | -31.6 % | 48 | |
24 | 17.7 % | 5.0 % | -3.6 % | -63.6 % | 62 | |
25 | 37.1 % | 12.0 % | 4.2 % | -33.8 % | 82 |
Methodology
Listing data is collected from listings on Realtor.com between January 1st and June 30th, 2025. All scores are based on a percentile rank of each metric calculated for each of the 100 largest metros by household count. New construction share of listings is the number of listings in each metropolitan area designated as new construction divided by the total number of listings in that metro. New construction premium is the percent difference between the average of the monthly median listing price for new construction and existing homes. Climate risk data comes from First Street for flood, fire, air, wind, and heat risks. The percent difference between average new construction and average existing home risk scores are calculated for each risk type, and the average of these differences produces a risk differential that is then scored on a percent rank basis. Market hotness is an average between the percent rank scores of page views per listing on Realtor.com (total page views for new construction listings divided by number of new construction listings) and the percent rank of time on market for new construction listings.
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: Sara Wiskerchen, press@realtor.com
View original content:https://www.prnewswire.com/news-releases/the-us-cities-leading-the-new-home-boom-302534230.html
SOURCE Realtor.com
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