Current:Home > InvestAs new homes get smaller, you can buy tiny homes online. See how much they cost -消息
As new homes get smaller, you can buy tiny homes online. See how much they cost
View
Date:2025-04-25 08:33:10
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! (1)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Out of office? Not likely. More than half of Americans worked while on vacation in 2023
- AP Week in Pictures: North America
- Mexican officials clear border camp as US pressure mounts to limit migrant crossings
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- 'Music was there for me when I needed it,' The Roots co-founder Tariq Trotter says
- North Korea’s new reactor at nuclear site likely to be formally operational next summer, Seoul says
- Deutsche Bank pledges nearly $5 million to help combat human trafficking in New Mexico
- Buckingham Palace staff under investigation for 'bar brawl'
- Maui’s economy needs tourists. Can they visit without compounding wildfire trauma?
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Missouri school board to reinstate Black history classes with new curriculum
- 15 Downton Abbey Secrets Revealed
- What are nitazenes? What to know about the drug that can be 10 times as potent as fentanyl
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- AP Week in Pictures: Europe and Africa
- Michigan coach Jim Harbaugh dodges NFL questions, is focused on Rose Bowl vs. Alabama
- Third mistrial is declared in Nebraska double murder case, but prosecutors vow to try man again
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Do ab stimulators work? Here's what you need to know about these EMS devices.
Matthew McConaughey Shares Rare Photo of Son Livingston in 11th Birthday Tribute
French man arrested for allegedly killing wife and 4 young children on Christmas: An absolute horror
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Man bear sprays carjackers to protect his 72-year-old mother, Washington State Police say
Two California girls dead after house fire sparked by Christmas tree
Indiana man who was shot by officer he tried to hit with car gets 16-year sentence