Condo facts & stats

Question 1

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 2

Which state has the most community associations (condos, co-ops and HOAs)?

Accepted Answer

California (51,700). Florida is a close second with 50,600 associations, and Texas is third with 23,500.

Question 3

What share of all U.S. housing is in a community association?

Accepted Answer

35.2%. Homes in community associations are worth an estimated $13.1 trillion.

Question 4

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 5

How much of those 2025 assessment dollars went into reserve funds for big future repairs?

Accepted Answer

$31.1 billion. Reserves cover major projects such as replacing roofs, resurfacing streets and repairing pools and elevators.

Question 6

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.

The basics