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5 cities where buying new is cheaper than buying resale
In 2025, the long-held belief that new homes are pricier than resale ones no longer holds true. In many markets, prospective buyers no longer need to spend more to reap the benefits of a new home, such as modern layouts, greater energy efficiency, and reduced maintenance costs.
For the past four months, new homes have been more affordable than resale homes, according to data from the National Association of Realtors (NAR), the U.S. Census Bureau, the Department of Housing and Urban Development, and NewHomeSource parent company Zonda. The most recent data from July indicates new homes were priced 5.8% below existing homes.
Related: Regional Housing Market Trends 2025: Why Buying a New Home Is Easier in Some Areas…