Current:Home > MyAs new homes get smaller, you can buy tiny homes online. See how much they cost -FutureProof Finance
As new homes get smaller, you can buy tiny homes online. See how much they cost
View
Date:2025-04-11 17:25:14
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! (2714)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Ukrainian military chief hints that counteroffensive could be coming soon
- Power Rangers' Amy Jo Johnson Slams Rumors About Why She Didn't Participate in Reunion
- North Korea condemns gangster-like reactions of U.S. to spy satellite launch
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Tearful Jason Ritter Shares Why He Didn’t Think He Deserved Wife Melanie Lynskey
- Transcript: Ukrainian Ambassador Oksana Markarova on Face the Nation, June 4, 2023
- Sephora 24-Hour Flash Sale: 50% Off Tula, First Aid Beauty, Bobbi Brown, and More
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Tom Cruise and Nicole Kidman's Daughter Bella Shows Off Hair Transformation in Rare Selfie
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Large, unexploded WWII bomb forces 2,500 to evacuate in Poland
- Tom Cruise and Nicole Kidman's Daughter Bella Shows Off Hair Transformation in Rare Selfie
- 45 bags containing human remains found after 7 young people go missing in western Mexico
- A South Texas lawmaker’s 15
- Pope Francis skips scheduled meetings due to a fever, Vatican says
- Russia claims to repel invasion from Ukraine as 9-year-old girl, 2 others killed in latest attack on Kyiv
- Scientists claim remarkable evidence that ancient human relatives buried their dead 240,000 years ago
Recommendation
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Shop the Modern Picnic Luncher Bag, Your New Commute BFF
Prom Dresses Under $100: 23 On-Trend Styles Worthy of a Viral Moment
Footprints revive hope of finding 4 children missing after plane crash in Colombia jungle
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Russia claims to repel invasion from Ukraine as 9-year-old girl, 2 others killed in latest attack on Kyiv
Amazon Has the Cutest Transitional Spring Sweaters for Under $40
Scientists claim remarkable evidence that ancient human relatives buried their dead 240,000 years ago