The U.S. golf market is experiencing an era of supply stability -- with the industry finding equilibrium following a prolonged correction. Beyond elevated play and participation, as well as improved perceptions and broader appreciation for the game, there are a number of contributing factors to this healthier balance of supply and demand.

This member research complements NGF's annual Golf Facilities in the U.S. Report, offering details and visuals on historical supply trends, public and private golf course and facility totals, trends and counts in the golf resort and residential space, and the best-supplied states in various categories.

The U.S. golf market continued its march toward equilibrium at the midway point of 2025, with supply and development patterns reinforcing trends that emerged in 2024 and previous years.

When detailing the average price of public golf, it’s not uncommon to hear the refrain, “But that’s not it costs to play golf where I live.” And there’s a reality behind those assertions. Not only can peak weekend fees be substantially higher, but playing fees vary widely by geography as well as the type of public facility.