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However, homeowners report the average cost to build a new house comes in at $296,967, which would put a 2,000 square foot home costing about $150 per square foot. This will obviously vary greatly with all the costly variables involved, so the cost could range between $149,515 and $444,420.
The latest Census Bureau Survey of the Median Price per Square Foot of new single-family homes shows the sale price per square foot in 2017 ranged from $148.45 in the Northeast and $126.43 in the West region to $95.35 in the South and $104.15 in the Midwest.
New home construction costs $100 to $155 per square foot on average with most homeowners paying $155,000 to $416,250, in addition to the cost of your land. Costs vary considerably based on location and all your choices in design and interior and exterior finishes.
The average cost to build a new home lands anywhere from $90 to $1,095 per square foot. We know — that's a big spread! Where you live can dramatically affect the price: high-cost-of-living areas will increase the amount you pay per square foot to build a new home.
The average cost per square foot for a multi-sectioned manufactured house is significantly smaller than the average cost per square foot for a single-family site-built house. It is $51,26 against $107,18 including installation costs for a manufactured home.