Current:Home > MarketsAs new homes get smaller, you can buy tiny homes online. See how much they cost -MoneySpot
As new homes get smaller, you can buy tiny homes online. See how much they cost
View
Date:2025-04-16 03:32:46
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! (18234)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- At least 12 killed in mass shooting at Christmas party in Mexico: When they were asked who they were, they started shooting
- The UK and France reiterate that Russia’s invasion of Ukraine must end in failure as US aid falters
- Kendall Jenner Steps Out With Justin Bieber and Friends in Aspen Amid Bad Bunny Breakup
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Texas inmate serving life in prison for sexual abuse of minor recaptured by authorities
- A man claiming to be a former Russian officer wants to give evidence to the ICC about Ukraine crimes
- Witnesses, evidence indicate Hamas committed acts of sexual violence during Oct. 7 attack
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- A volcano in Iceland erupts weeks after thousands were evacuated from a nearby town
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Australian jury records first conviction of foreign interference against a Chinese agent
- Real Housewives OG Luann de Lesseps’ Christmas Gift Ideas Are Cool— Not All, Like, Uncool
- These kids want to go to school. The main obstacle? Paperwork
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Japan’s central bank keeps its negative interest rate unchanged, says it’s watching wage trends
- Dick Van Dyke says he's 'lazy' despite over 60-year career: 'I've been very lucky'
- Is black pepper good for you? Try it as a substitute.
Recommendation
Travis Hunter, the 2
Eric Montross, a former UNC and NBA big man, dies at 52 after cancer fight
Gogl-mogl: old world home remedy that may comfort — even if it doesn't cure
Pregnant Suki Waterhouse Fuels Robert Pattinson Engagement Rumors With Ring on That Finger
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Bryant Gumbel on wrapping up HBO's Real Sports: I've kind of lived my fantasy life
A group representing TikTok, Meta and X sues Utah over strict new limits on app use for minors
Lower interest rates are coming. What does that mean for my money?