According to a press release from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development:
The median sales price of new houses sold in July 2014 was $269,800; the average sales price was $339,100. The seasonally adjusted estimate of new houses for sale at the end of July was 205,000. This represents a supply of 6.0 months at the current sales rate.
The U.S. Department of Agriculture reports:
[A] middle-income family with a child born in 2013 can expect to spend about $245,340 ($304,480 adjusted for projected inflation) for food, housing, childcare and education, and other child-rearing expenses up to age 18. Costs associated with pregnancy or expenses occurred after age 18, such as higher education, are not included.
That means the home can be redecorated and have a new lawn.
The Census Bureau also has reported that the average number of children in households with them is 1.86, putting the savings for having no children in these households at $456,330. That, in turn, would buy a home at the median price in an expensive city like Seattle or Boston.
Taking into account the expenses for college, and some people who skip having children can buy a mansion.
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