Current:Home > NewsAs new homes get smaller, you can buy tiny homes online. See how much they cost -GrowthInsight
As new homes get smaller, you can buy tiny homes online. See how much they cost
View
Date:2025-04-19 05:59:09
As existing homes go for bigger price tags, new homes are shrinking. You can even buy and ship tiny homes online now.
In 2023, the average size of new homes built fell to less than 2,500 square feet, the smallest they've been since 2010, according to an April report from the National Association of Home Builders. That downward trend started in 2015, and only buoyed in 2021, which the organization attributes to pandemic-fueled desire for more space to stay home.
The NAHB says affordability is mostly what's driving this downsizing trend, though a spokesperson with the organization could not offer specific data on the "tiny home" trend. Having units delivered to you from major retailers would certainly make it easier to downsize, too.
National trends:Where can millennials afford to buy a home? Map shows cities with highest ownership rates
Home Depot, Amazon sell tiny homes online
Home Depot recently told USA TODAY that they sell more than 30 varieties of tiny homes online.
Last summer, a prefabricated Home Depot tiny home went viral online. Several realtors broke down the listing online, dazzled by the "Getaway Pad Mini 1 Bed 1.5 Bath" selling for less than $45,000.
But the renderings of a finished home with a spiral staircase and roof deck patio were just that, the tiny homes are "steel frame kits" with accessories sold separately.
Amazon also sells tiny homes online. The "Chery Industrial Expandable Prefab House" is 19 feet by 20 feet, and sells for $17,500.
YouTuber Nathan Graham with Unspeakable chronicled his journey buying one of these Amazon homes. To his apparent surprise, it came folded and finished with doors, windows and bathroom fixtures. However, the listing specifies customers will need to hire an electrician for wiring. Graham nor Amazon responded to multiple requests for comment.
How do online tiny homes compare to national average prices?
Some have called the current housing market the least affordable in recent memory. Tiny homes have long been touted as a potential solution to lack of housing affordability and homelessness.
The median existing home sale price in March was up to $393,500, the highest price ever for that month, according to the National Association of REALTORS.
That sits quite a bit higher than the tiny homes online going for less than $50,000, but you would still need somewhere to put it.
Contributing: Camille Fine, Sara Chernikoff
veryGood! (94)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- An apple a day really can help keep the doctor away. Here's how.
- In unusual push, funders band together to get out grants around election work ‘early’
- Workers’ paychecks grew faster in the first quarter, a possible concern for the Fed
- 51-year-old Andy Macdonald puts on Tony Hawk-approved Olympic skateboard showing
- Former teacher at New Hampshire youth detention center testifies about bruised teens
- Jill Duggar Shares Unseen Baby Bump Photos After Daughter Isla Marie's Stillbirth
- Retired Yankees announcer John Sterling was so much more than a friendly voice on the radio
- Southern California rocked by series of earthquakes: Is a bigger one brewing?
- Report: NFL veteran receiver Jarvis Landry to join Jaguars rookie camp in comeback bid
Ranking
- How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
- How to watch John Mulaney's upcoming live Netflix series 'Everybody’s In LA'
- Pope Francis visits Venice in first trip outside of Rome in seven months
- A Colorado woman was reported missing on Mother’s Day 2020. Her death was just ruled a homicide
- The 'Rebel Ridge' trailer is here: Get an exclusive first look at Netflix movie
- Tesla’s stock leaps on reports of Chinese approval for the company’s driving software
- Shark attacks and seriously injures British tourist in the Caribbean as friends fight off the predator
- Why Bhad Bhabie Is Warning Against Facial Fillers After Dissolving Them
Recommendation
Connie Chiume, Black Panther Actress, Dead at 72: Lupita Nyong'o and More Pay Tribute
Hurry, You Can Score 20% off Everything at BaubleBar, With Pieces Starting at Just $10
Shootout that killed 4 law officers began as task force tried to serve a warrant, police say
15 must-see summer movies, from 'Deadpool & Wolverine' and 'Furiosa' to 'Bad Boys 4'
Trump wants to turn the clock on daylight saving time
Colleges across US seek to clear protest encampments by force or ultimatum as commencements approach
Inside Kirsten Dunst's Road to Finding Love With Jesse Plemons
Funeral services are held for a Chicago police officer fatally shot while heading home from work