The Average Cost of Building a Single-Family Home in 2015

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November 05, 2015

According to analysis by the NAHB, the average cost of building a single-family home in 2015 is $289,415.

On average, homes were built on 20,129 square feet of land, had 2,802 square feet of finished space, and sold for an average of $468,318.

This means that 61.8 percent of the average home sale price, $468,318, consisted of construction costs, similar to the 2013 breakdown (61.7 percent).

Average builder profit was 9.0 percent, compared to 9.3 percent in 2013, the NAHB reports.

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