Current:Home > StocksAs new homes get smaller, you can buy tiny homes online. See how much they cost -NextGenWealth
As new homes get smaller, you can buy tiny homes online. See how much they cost
View
Date:2025-04-13 20:17:31
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! (83)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Plan for Gas Drilling Spree in New York’s Southern Tier Draws Muted Response from Regulators, But Outrage From Green Groups
- Taiwan’s election is shaped by economic realities, not just Beijing’s threats to use force
- Online sports betting arrives in Vermont
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Ava DuVernay shows, 'Gentefied,' 'P-Valley' amongst most diverse on TV, USC reports
- Speaker Johnson is facing conservative pushback over the spending deal he struck with Democrats
- Nick Saban was a brilliant college coach, but the NFL was a football puzzle he couldn't solve
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Nick Saban’s Alabama dynasty fueled 20 years of Southeastern Conference college football dominance
Ranking
- Retirement planning: 3 crucial moves everyone should make before 2025
- The US plans an unofficial delegation to Taiwan to meet its new leader amid tensions with China
- Jennifer Lawrence recalls 'stressful' wedding, asking Robert De Niro to 'go home'
- Powerball jackpot grows to $60 million for Jan. 10 drawing. See the winning numbers.
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- 15 million acres and counting: These tycoons, families are the largest landowners in the US
- Deion Sanders thinks college football changed so much it 'chased the GOAT' Nick Saban away
- 'Senseless' crime spree left their father dead: This act of kindness has a grieving family 'in shock'
Recommendation
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Chris Pratt Shares Special Photo of All 3 Kids Together
15 Secrets About the OG Mean Girls That Are Still Totally Grool
Vivek Ramaswamy says he's running an America first campaign, urges Iowans to caucus for him to save Trump
Intellectuals vs. The Internet
213 deaths were caused by Japan’s New Year’s quake. 8 happened in the alleged safety of shelters
Adventure-loving 92-year-old Utah woman named world's oldest female water-skier
Another layer of misery: Women in Gaza struggle to find menstrual pads, running water