Condo facts & stats

Question 1

About how many Americans live in community associations — condos, co-ops and HOA communities?

Accepted Answer

78.1 million residents (2025). They live in about 29.6 million housing units across 373,000 associations.

Question 2

About what share of U.S. community associations are condominium communities?

Accepted Answer

35–40%. Homeowners associations make up about 58–63%, and cooperatives just 2–4%.

Question 3

How much did U.S. community associations collect in assessments (dues) from owners in 2025?

Accepted Answer

$124.2 billion. Assessments pay for things like management, insurance, landscaping, amenities and common-area upkeep.

Question 4

What share of U.S. community associations are self-managed, without a professional manager?

Accepted Answer

30–40%. The U.S. has an estimated 60,000–65,000 community association managers.

Question 5

What was the median size of new U.S. multifamily units completed in 2025 that were built for sale (like condos)?

Accepted Answer

1,170 square feet. New multifamily units built for rent had a median of 1,000 square feet; new single-family homes were 2,142.

Question 6

What share of new U.S. multifamily units completed in 2025 were in buildings with four or more floors?

Accepted Answer

61%. 32% were in three-floor buildings and just 7% in buildings with one or two floors.

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