Study: Florida among states with most new home builds - Jacksonville Business Journal

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Study: Florida among states with most new home builds

A new study has revealed the states where new houses are being built the most, with Utah taking the top spot and Florida not far behind.analyzed U.S. Census data and Statista to determine which states had the most new construction homes being developed per 1,000 residents.

The state with the second highest number of new builds being built is Idaho, where there are 11.43 new homes being built per 1,000 residents. The average value of a typical family home in Idaho currently sits at $427,410. On the First Coast, the median sales price of a single-family home in December 2022 was $370,000, according to the Northeast Florida Association of Realtors.

South Carolina and Colorado rank fourth and fifth respectively. South Carolina has 9.76 new builds being built per 1,000 residents in the state while Colorado has a slightly lower rate of 9.73 new construction homes being built per 1,000 residents.

 

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