There were an estimated 2.1 million more homeowners in the fourth quarter of 2020 than there were a year earlier, equal to the previous record increase in homeowners, which occurred during the housing boom between 20.ĭuring 2020, the U.S. Housing availability has been squeezed by a near-record increase in the number of American homeowners in 2020, a Pew Research Center analysis of U.S.The rate for homeowner units is down from about 2.6% in 2010 to 0.9% in 2021 (the most recent year with available data). The vacancy rate for rental units fell from about 10% in 2010 to 5.6% at the end of 2021. Housing vacancy rates, meanwhile, have dropped over the last decade. The greatest increases were in the West, Midwest and Northeast. That’s a 60% drop from about 1 million listings in February 2020, just before the coronavirus recession hit the U.S.Īround the same time, the national median sale price for a single-family home jumped 25% from $327,100 in the fourth quarter of 2019 (the last full quarter unaffected by the COVID-19 recession) to $408,100 in the fourth quarter of 2021, the most recent data available. was at its lowest in at least five years in January 2022, with 408,922 active listings on the market. The number of active housing listings in the U.S. As home sales have boomed, active housing listings have dropped and the median home sale price has surged, according to data from the Federal Reserve.
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