On average, the cost to build a home in the U.S. in 2021 is $302,152, with prices ranging from $158,116-$477,255, according to Homeadvisor. Typically, costs will vary between $100 to $200 per square foot. Custom homes cost more on average, ranging from $200 to $500 per square foot.
Average Home Construction Costs In Each State
| Alabama | $200,000 – $380,000 |
| Arizona | $200,000 – $625,000 |
| California | $200,600 – $600,000 |
| Colorado | $300,000 – $500,000 |
| Connecticut | $300,000 – $800,000 |
| Florida | $240,000 – $350,000 |
| Georgia | $100,000 – $400,000 |
| Illinois | $200,000 – $750,000 |
| Maryland | $200,000 – $380,000 |
| Massachusetts | $250,000 – $600,000 |
| Michigan | $225,000 – $265,000 |
| Mississippi | $180,000 – $300,000 |
| Missouri | $310,000 – $485,000 |
| New York | $250,000 – $950,000 |
| North Carolina | $320,000 – $450,000 |
| Ohio | $290,000 – $345,000 |
| Oregon | $175,000 – $400,000 |
| Pennsylvania | $345,000 – $450,000 |
| South Carolina | $300,000 – $400,000 |
| Tennessee | $185,000 – $380,000 |
| Texas | $235,000 – $660,000 |
| Virginia | $200,000 – $560,000 |
| Washington | $200,000 – $450,000 |
| Wisconsin | $220,000 – $400,000 |
*Price ranges according to Home Advisor.
Home Building Cost Factors
There are many factors that will influence the overall cost of a home-building project, including:
- Location
- Size of the home
- Land
- Site work
- Framing
- Foundation
- Interior/Exterior work
- Electric and HVAC systems
Without a doubt, location is the biggest factor influencing the cost of your new home construction project. For example, the highest average prices in the U.S. are found in New York. In New York, new home construction can cost close to $1 million. Meanwhile, home builders in Michigan experience some of the lowest average costs in the nation. Where you want to live will be a large part of determining the whole cost of the home.
Of course, the size of the home is a large factor, as well. Most homebuilders will estimate the total cost by square footage, averaging $100-$200. Custom homes will cost more, with a national average of $200-$500, per square foot. The larger the home, the higher the cost, obviously. Land and site work should take up a little more than five percent of your total costs when building a home.
Here’s a quick breakdown of percentage of expenses that will go toward your new home:
- Land/Site work: 5% of total cost.
- Framing: 15%.
- Foundation: 12%.
- Interior/Exterior work: 30%.
- Electric and HVAC systems: 12%.
Cost Of Building A House In Arizona
Here is a breakdown of average costs to build a home in Arizona by square footage:
- 2,400 sq ft home: $360,000
- 2,300 sq ft home: $345,000
- 2,200 sq ft home: $330,000
- 2,100 sq ft home: $315,000
- 2,000 sq ft home: $300,000
- 1,900 sq ft home: $285,000
- 1,800 sq ft home: $270,000
- 1,700 sq ft home: $255,000
- 1,400 sq ft home: $210,000
- 1,600 sq ft home: $240,000
- 1,500 sq ft home: $225,000
Build a Custom Home In Arizona
Contact Hughes Development today to get an estimate for your home building project. Hughes Development builds custom homes in Mesa, Apache Wells, Mountain Whisper and more areas in Arizona.
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