Data obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, show that the rising trend of two or more stories homes continued in 2022. Although the overall share remained virtually unchanged, the share of two or more stories homes started construction was greater than one story homes in 2022.
Nationwide, the share of new homes with two or more stories stayed at 48% in 2022. However, the share of new homes with two or more stories showed a mixed trend across nine different regions. New England, East South Central and Pacific were the only three regions that saw an increase in the share of one story homes in 2022. Though single-story new homes are more common in the Midwest, shares of single-story homes in the Midwest region declined in 2022.
Looking deeper, five of the nine divisions saw a greater share of newly-built two or more stories homes. Among these five divisions, New England and Middle Atlantic had a significantly higher proportion (75% and 80%) of two or more stories homes. However, it is worth noting that this share decreased notably in New England in 2022. New homes started with two or more stories in Mountain and Pacific were 57% and 59%. The greatest concentrations of two-or-more story homes were in divisions along the coasts of the country.
New homes started in the Midwest and South showed a stronger preference of single-story homes, except for the South Atlantic division in the South. In the Midwest (East North Central and West North Central), 53% and 58% of new homes started were one-story, while the shares in the East South Central and West South Central were 55% and 58%.
Related
