Current:Home > MyAs new homes get smaller, you can buy tiny homes online. See how much they cost -Horizon Finance Path
As new homes get smaller, you can buy tiny homes online. See how much they cost
View
Date:2025-04-17 00:05:10
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! (52)
Related
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Sia reveals she's had an 'amazing face lift' after years of covering her face
- NFL power rankings Week 5: Bills, Cowboys rise after resounding wins
- Sen. Lankford resumes call for 'continuous session' bill to stop government shutdowns
- Don't let hackers fool you with a 'scam
- Rep. Henry Cuellar's carjacking highlights rising crime rate in nation's capital
- A bus crash in a Venice suburb kills at least 21 people
- Jimmie Allen, wife Alexis Gale welcome third child amid separation and assault allegations
- This was the average Social Security benefit in 2004, and here's what it is now
- Child abuse or bad parenting? Jury hears case of Florida dad who kept teenager locked in garage
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- 'Mean Girls' day: Paramount releases entire movie on TikTok for fans
- Child abuse or bad parenting? Jury hears case of Florida dad who kept teenager locked in garage
- 75,000 Kaiser Permanente health care workers launch historic health care strike
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Sia reveals she's had an 'amazing face lift' after years of covering her face
- Former Russian state TV journalist gets 8 1/2-year sentence in absentia for Ukraine war criticism
- Child abuse or bad parenting? Jury hears case of Florida dad who kept teenager locked in garage
Recommendation
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
When is the big emergency alert test? Expect your phone to ominously blare Wednesday.
The Hollywood writers strike is over. What's next for the writers?
2 U.S. soldiers dead, 12 injured after vehicle flips over in Alaska
'We're reborn!' Gazans express joy at returning home to north
Pope will open a big Vatican meeting as battle lines are drawn on his reform project
Taiwan indicts 2 communist party members accused of colluding with China to influence elections
Ozone hole over Antarctica grows to one of the largest on record, scientists say