Current:Home > ScamsAs new homes get smaller, you can buy tiny homes online. See how much they cost -SecureWealth Bridge
As new homes get smaller, you can buy tiny homes online. See how much they cost
View
Date:2025-04-13 14:30:18
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! (29764)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- He woke up from eye surgery with a gash on his forehead. What happened?
- Walmart offers to pay $3.1 billion to settle opioid lawsuits
- Chase Sui Wonders Shares Insight Into Very Sacred Relationship With Boyfriend Pete Davidson
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Only Kim Kardashian Could Make Wearing a Graphic Tee and Mom Jeans Look Glam
- Here's Where You Can Score 80% Off the Chicest Rag & Bone Clothing & Accessories
- Behati Prinsloo Shares Adorable New Photo of Her and Adam Levine’s Baby in Family Album
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Keeping Global Warming to 1.5 Degrees Could Spare Millions Pain of Dengue Fever
Ranking
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- A Guide to Father of 7 Robert De Niro's Sprawling Family Tree
- Florida's 'Dr. Deep' resurfaces after a record 100 days living underwater
- Texas Gov. Abbott announces buoy barrier in Rio Grande to combat border crossings
- Federal hiring is about to get the Trump treatment
- InsideClimate News to Host 2019 Investigative Journalism Fellow
- Francia Raisa Pleads With Critics to Stop Online Bullying Amid Selena Gomez Drama
- In Georgia, Kemp and Abrams underscore why governors matter
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Kendall Roy's Penthouse on Succession Is Just as Grand (and Expensive) as You'd Imagine
Texas Gov. Abbott announces buoy barrier in Rio Grande to combat border crossings
Japanese employees can hire this company to quit for them
The Grammy nominee you need to hear: Esperanza Spalding
UN Climate Summit: Small Countries Step Up While Major Emitters Are Silent, and a Teen Takes World Leaders to Task
Summer Nights Are Getting Hotter. Here’s Why That’s a Health and Wildfire Risk.
A Guide to Father of 7 Robert De Niro's Sprawling Family Tree