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How much does new home construction cost?

New Home Construction costs $330,000 to $880,000 for a typical project, averaging about $605,000. Installed pricing usually runs $150.00 to $400.00 per square foot, and scope, materials, access and local labor rates explain nearly all of the variation.

National average

$605,000

Typical low

$330,000

Typical high

$880,000

Per square foot

$150 – $400

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2,200 square feet

Estimated project cost

$409,797 $561,818

Most homeowners pay around $485,807

Compare quality / material level

Cost by material

Installed pricing per square foot.

OptionInstalled cost
Production builder$171 – $234
Semi-custom$234 – $308
Custom build$308 – $399
Luxury custom$399 – $550

New Home Construction cost by project size

Typical installed pricing before local adjustments.

Project sizeBudgetAveragePremium
1100 square foots$165,000$302,500$440,000
2200 square foots$330,000$605,000$880,000
3300 square foots$495,000$907,500$1,320,000
4400 square foots$660,000$1,210,000$1,760,000

New Home Construction cost by material or quality level

OptionPrice rangeBest for
Production builder$170.50 – $233.75 / square footLowest upfront cost, shortest lifespan
Semi-custom$233.75 – $308.00 / square footBest overall value for most homes
Custom build$308.00 – $398.75 / square footLonger warranty and better finish
Luxury custom$398.75 – $550.00 / square footTop-tier materials and custom detailing

Where the money goes

A typical project budget, broken down by line item.

  • Labor0.45% · $2,723
  • Materials0.38% · $2,299
  • Permits & inspections0.05% · $303
  • Overhead & profit0.12% · $726

Cost by region

Labor markets move the number more than any other single factor.

Northeast

$379,500 – $1,012,000

+15% vs. national average

West

$389,400 – $1,038,400

+18% vs. national average

Midwest

$316,800 – $844,800

-4% vs. national average

South

$310,200 – $827,200

-6% vs. national average

Common add-ons

Line items that show up on most quotes but rarely in the headline price.

Lot preparation and utilities

$20,000 – $100,000

Septic or well

$8,000 – $25,000

Landscaping and driveway

$10,000 – $60,000

Design and engineering

$8,000 – $50,000

DIY vs. hiring a pro

Hire a pro

$330,000 – $880,000

Do it yourself

$148,500 – $484,000

DIY saves labor but not materials, permits or rework. Only take it on if the job does not require a licensed trade or inspection.

Ways to save

Practical levers that lower the bill without cutting quality.

  • Lock material allowances in writing to prevent change-order creep.
  • Build a simple rectangular footprint — complex rooflines add 10–20%.
  • Collect three written bids on an identical scope — spreads of 20–40% are normal.
  • Book in the off-season and stay flexible on the start date to save 5–15%.
  • Bundle nearby work into one mobilization so you only pay setup and travel once.
  • Ask what the contractor would change to cut 10% without hurting durability.

Questions to ask your contractor

  1. 01Are you licensed and insured in my city, and can I see the certificate?
  2. 02Is this a fixed-price bid or an estimate that can change?
  3. 03What exactly is excluded from the quote?
  4. 04Who pulls the permit and who schedules inspections?
  5. 05What is the written workmanship warranty and how long does it last?
  6. 06What is the payment schedule, and how much is due up front?
  7. 07How long will the work take, and what could delay it?

Frequently asked questions

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New Home Construction cost by city

Local labor rates, permits and climate change the number. Pick your city for prices near you.

New Home Construction cost in Los Angeles, CA

$409,200 – $1,091,200

New Home Construction cost in San Diego, CA

$389,400 – $1,038,400

New Home Construction cost in San Jose, CA

$455,400 – $1,214,400

New Home Construction cost in San Francisco, CA

$478,500 – $1,276,000

New Home Construction cost in Oakland, CA

$435,600 – $1,161,600

New Home Construction cost in Sacramento, CA

$356,400 – $950,400

New Home Construction cost in Fresno, CA

$323,400 – $862,400

New Home Construction cost in Long Beach, CA

$402,600 – $1,073,600

New Home Construction cost in Anaheim, CA

$396,000 – $1,056,000

New Home Construction cost in Santa Ana, CA

$392,700 – $1,047,200

New Home Construction cost in Irvine, CA

$415,800 – $1,108,800

New Home Construction cost in Riverside, CA

$349,800 – $932,800

New Home Construction cost in San Bernardino, CA

$339,900 – $906,400

New Home Construction cost in Bakersfield, CA

$320,100 – $853,600

New Home Construction cost in Stockton, CA

$336,600 – $897,600

New Home Construction cost in Modesto, CA

$330,000 – $880,000

New Home Construction cost in Chula Vista, CA

$379,500 – $1,012,000

New Home Construction cost in Fremont, CA

$445,500 – $1,188,000

New Home Construction cost in Pasadena, CA

$422,400 – $1,126,400

New Home Construction cost in Glendale, CA

$412,500 – $1,100,000

New Home Construction cost in Santa Clarita, CA

$382,800 – $1,020,800

New Home Construction cost in Torrance, CA

$405,900 – $1,082,400

New Home Construction cost in Oxnard, CA

$376,200 – $1,003,200

New Home Construction cost in San Mateo, CA

$462,000 – $1,232,000