What is the average price per unit for senior housing?
Direct answer
The national average sale price was $182,800 per unit in 2025, up 29% year over year, according to JLL. Averages hide a wide spread: early 2026 indications run from about $30,000 to $80,000 per bed for skilled nursing up to $250,000 or more per unit for Class A metro independent living.
What to know
Early 2026 price indications by product: Class A metro independent living at $150,000 to $250,000+ per unit, Class A metro assisted living at $120,000 to $200,000+, Class A metro memory care at $130,000 to $210,000+, Class B suburban assisted living at $70,000 to $130,000, and skilled nursing at $30,000 to $80,000 per bed.
Per-unit pricing is a cross-check, not the valuation itself. Value is primarily income-based, so a community's NOI and cap rate matter more than any average. Replacement cost, at $300,000 to $400,000 or more per unit to build new, is the other useful benchmark, and existing communities often trade below it.
How Haven helps
Haven values communities from their actual financials, using comps and replacement cost as cross-checks. Read our assisted living valuation guide.