The custom home premium, the difference between what typical buyers pay per square foot for a contractor-built home and a spec home, reached 12.6%, its highest level since 2011, according
Median square foot prices for new single-family detached (SFD) homes started in 2024 grew modestly, according to NAHB’s analysis of the latest Survey of Construction (SOC) data. For custom, or
The cost per square foot of a single-family home declines systematically as the home becomes larger, according to NAHB analysis of two recent data sources. In microeconomics, unit costs that