What’s New With American Homes? [Infographic]

Single family homes have changed a lot in the last 20 years. While it might seem that things haven’t changed in the world much in 20 years, the real estate market in America has changed quite a lot. The most notable change is in the price of homes in America- the average price has ballooned nearly $200,000 from $154,000 in 1994 to $345,000 in 2014. The average home price has more than doubled in 20 years.

Though the price has doubled, the average square footage has remained steady at between 1800 and 2399. However, builders are squeezing more into these spaces. The average number of bedrooms went from 3 to 4 in that period, and the average number of bathrooms went from 2 to 3. Apparently people really don’t want to share any spaces anymore. Learn more about the evolution of the American home from this infographic.

evolution-of-the-american-home 550px

NowSourcinghttp://nowsourcing.com
Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency , based in Louisville, KY and Cincinnati, OH which works with companies that range from startups to Fortune 500s. Brian also runs #LinkedInLocal events nationwide, hosts the Next Action Podcast, and has been named a Google Small Business Advisor for 2016-2018. Follow Brian Wallace on LinkedIn as well as Twitter.

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