Current:Home > StocksAs new homes get smaller, you can buy tiny homes online. See how much they cost -ProsperityStream Academy
As new homes get smaller, you can buy tiny homes online. See how much they cost
View
Date:2025-04-18 12:17:54
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! (21524)
Related
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- In county jails, guards use pepper spray, stun guns to subdue people in mental crisis
- Pete Buttigieg on Climate Change: Where the Candidate Stands
- Smart Grid Acquisitions by ABB, GE, Siemens Point to Coming $20 Billion Boom
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Chef Sylvain Delpique Shares What’s in His Kitchen, Including a $5 Must-Have
- Kendall Jenner and Bad Bunny Were Twinning During Night Out at Lakers Game
- Angry Savannah Chrisley Vows to Forever Fight For Mom Julie Chrisley Amid Prison Sentence
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Social isolation linked to an increased risk of dementia, new study finds
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Anti-fatness keeps fat people on the margins, says Aubrey Gordon
- Pete Buttigieg on Climate Change: Where the Candidate Stands
- Thousands of Reddit forums are going dark this week. Here's why.
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Proof Matty Healy Is Already Bonding With Taylor Swift’s Family Amid Budding Romance
- Two active-duty Marines plead guilty to Jan. 6 Capitol riot charges
- Tabitha Brown's Final Target Collection Is Here— & It's All About Having Fun in the Sun
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Inflation grew at 4% rate in May, its slowest pace in two years
The FDA finalizes rule expanding the availability of abortion pills
Debunking Climate Change Myths: A Holiday Conversation Guide
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Garcelle Beauvais Says Pal Jamie Foxx Is Doing Well Following Health Scare
As Diesel Spill Spreads, So Do Fears About Canada’s Slow Response
Here's How North West and Kim Kardashian Supported Tristan Thompson at a Lakers Game