Building Costs Per Square Foot in the State of North Carolina – Single Family Homes

Newly-built 3-bedroom house with 2 bathrooms and 2 car garages, completed in 2022, gross floor area 1,745 sqft - Located on 4085 Needham Rd, Bailey, NC 27807 Price $329,000

Newly-built 3-bedroom house with 2 bathrooms and 2 car garages, completed
in 2022, gross floor area 1,745 sqft – Located on 4085 Needham Rd, Bailey,
NC 27807  – Price $329,000

As of 2024, building costs in the state of North Carolina are -1% below the national average. The charts below show a comparison of costs between luxury, semi-luxury, best, good, average and minimum standard single-family houses. Costs are also given for manufactured housing in five quality classes.

2024 Building Costs Per Square Foot for Single Family Homes in the State of North Carolina, USA

  • Class 1 – Luxury Homes – $390.59 to $601.99 per sqft
  • Class 2 – Semi Luxury Homes – $237.39 to $365.85 per sqft
  • Class 3 – Best Standard Homes – $153.48 to $234.34 per sqft
  • Class 4 – Good Standard Homes – $111.99 to $172.67 per sqft
  • Class 5 – Average Standard Homes – $90.92 to $139.98 per sqft
  • Class 6 – Minimum Standard  Homes – $71.71 to $110.49 per sqft
North Carolina Single Family Houses 2024 Building Costs

North Carolina Single Family Houses 2024 Building Costs

2024 Building Costs Per Square Foot for Manufactured Housing in the State of North Carolina, USA

Manufactured housing is composed of one or more prefabricated modular units which are delivered to the site and assembled on a RC foundation or slab.

  • Best Quality Housing – $139.39 to $159.28 per sqft
  • Good Quality Housing – $117.39 to $140.53 per sqft
  • Average Quality Housing – $95.02 to $122.38 per sqft
  • Low Average Quality Housing – $80.41 to $106.63 per sqft
  • Lowest Quality Housing – $69.05 to $94.33 per sqft
North Carolina Manufactured Housing 2024 Building Costs

North Carolina Manufactured Housing 2024 Building Costs

 

North Carolina Construction Market Analysis

Building costs in the state of North Carolina are 4% lower than the national average, and equivalent to the states of Alabama, Arizona, Georgia, Kentucky and Virginia. The top 10 biggest projects in North Carolina contributed $24.643 billion to the state GDP.

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