🇺🇸 United States

The United States offers the world's largest and most diverse real estate market, spanning from $5,000 vacant lots in Detroit to $100+ million penthouses in Manhattan. The market is fundamentally local — conditions in San Francisco bear little resemblance to those in Memphis or Miami. Nationally, the median home price sits around $400,000, but this average masks extreme variations: San Jose's median exceeds $1.5 million while cities in the Midwest and South offer family homes under $200,000.

The US property market is uniquely accessible to foreign buyers, with no federal restrictions on foreign ownership. The 30-year fixed-rate mortgage — rare in most countries — provides exceptional payment stability, though rates have risen significantly from historic lows. Property taxes vary enormously by state and locality, from under 0.5% annually in Hawaii to over 2% in New Jersey and Illinois. The market is driven by the Federal Reserve's monetary policy, housing supply constraints in coastal cities, and demographic shifts including millennial household formation and Sun Belt migration. Real estate investment is deeply embedded in American culture, with homeownership viewed as a cornerstone of wealth building.