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Nebraska Ranks #4 in Affordable Housing Study

Tennessee faces affordability challenges with a median home price of $334,820 and construction costs near the national average, amid a nationwide 8.5% decline in residential construction spending.

  • From mid-2024 through mid-2025, inflation-adjusted spending on residential construction in the U.S. declined by 8.5%, reflecting a nationwide slowdown in building activity.
  • The slowdown was driven by rising borrowing expenses for builders, escalating construction expenses, and ongoing economic instability, even though housing inventory has seen slight gains.
  • This decline in construction worsens the limited affordable housing supply amid persistent home price growth, with the national median sale price nearly $374,000 in June 2025.
  • Buyers earning about $75,000 annually could afford only 21% of listings in early 2025, less than half the affordable share before the pandemic, highlighting affordability gaps.
  • Without significant increases in affordable housing supply, the affordability crisis is likely to persist, pressuring policymakers and markets to expand accessible home options.
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Indiana Ranks 6th Worst in Affordable Housing Study

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  • 39% of the sources are Center, 39% of the sources lean Right
39% Right

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KULR-TV broke the news in Billings, United States on Thursday, September 18, 2025.
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