Current:Home > MarketsAs new homes get smaller, you can buy tiny homes online. See how much they cost -WealthEdge Academy
As new homes get smaller, you can buy tiny homes online. See how much they cost
View
Date:2025-04-25 01:11:08
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! (5)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- Britt Robertson Marries Paul Floyd in Star-Studded Ceremony
- Zombie river? London's Thames, once biologically dead, has been coming back to life
- SUV crashes into Wimbledon girls school in London, killing one child and wounding others
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- In Beijing, Yellen raises concerns over Chinese actions against U.S. businesses
- Seville becomes the first major city in the world to categorize and name heat waves
- Biden meets U.K. PM Sunak in London and has a sit-down with King Charles before heading for a NATO summit
- B.A. Parker is learning the banjo
- Manchin says Build Back Better's climate measures are risky. That's not true
Ranking
- 2025 'Doomsday Clock': This is how close we are to self
- SUV crashes into Wimbledon girls school in London, killing one child and wounding others
- Love Is Blind Star Bartise Bowden Welcomes First Baby
- Biden may face tension with allies over climate, Afghanistan and other issues
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Go Hands-Free With 70% Off Deals on Coach Backpacks and Belt Bags
- Despite climate change promises, governments plan to ramp up fossil fuel production
- Check Out the Most Surprising Celeb Transformations of the Week
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Looting, violence in France reaches fourth night; hundreds more arrested
PHOTOS: Cyclones and salty water are a threat. These women are finding solutions
Kate Middleton, Prince William and Their 3 Kids Match in Blue for Easter Church Service
New data highlights 'achievement gap' for students in the US
Kate Middleton, Prince William and Their 3 Kids Match in Blue for Easter Church Service
Intense monsoon rains lash Pakistan, with flooding and landslides blamed for at least 50 deaths
Thousands protest in Glasgow and around the world for action against climate change