Here is an update on the average (not the median) new house size in the United States and in the Chicago region:
As a result, the average new home completed last year was 2,505 square feet. That represents the third annual increase in square feet and puts the average home size on par with where it was in 2008. Average home size peaked in 2007 at 2,521 square feet…
In the Chicago area, the average size of homes being built today is about 2,650 square feet, down from the 2,800 to 3,000 square feet constructed during the housing boom, according to Chris Huecksteadt, director of the Chicago region for Metrostudy, a housing research firm.
The US average is not surprising but it is rarer to see see figures for specific metropolitan regions. The higher than average new housing size in the Chicago area is likely related to the wealth of the metropolitan area but its lack of recovery compared to the national average suggests the region hasn’t bounced back as much as some other regions.