Current:Home > MyAs new homes get smaller, you can buy tiny homes online. See how much they cost-DB Wealth Institute B2 Reviews & Ratings
As new homes get smaller, you can buy tiny homes online. See how much they cost
lotradecoin fast account setup process View Date:2024-12-26 04:00:41
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! (846)
Related
- Jim Harbaugh wants to hire Colin Kaepernick to Chargers' coaching staff. Will the QB bite?
- Minnesota man who shot officers told wife it was ‘his day to die,’ according to complaint
- Schumer says he’s leading a bipartisan group of senators to Israel to show ‘unwavering’ US support
- Copa airliner bound for Florida returns to Panama after a bomb threat
- These six House races are ones to watch in this year’s election
- France investigates suspected poisoning of Russian journalist who staged on-air protest against Ukraine war
- Prosecutor files case against Argentina’s frontrunner Javier Milei days before presidential election
- Q&A: America’s 20-Year War in Afghanistan Is Over, but Some of the U.S. Military’s Waste May Last Forever
- Horoscopes Today, August 14, 2024
- AP PHOTOS: Scenes of grief and desperation on war’s 7th day
Ranking
- A weatherman had a panic attack live on air. What it teaches us.
- The reclusive Sly Stone returns, on the page
- Best Buy will sell DVDs through the holiday season, then discontinue sales
- Jews unite in solidarity across New York City for war-torn Israel
- The Notebook Actress Gena Rowlands Dead at 94
- Exclusive: US to send 2nd aircraft carrier to eastern Mediterranean
- How Chloé Lukasiak Turned Her Toxic Dance Moms Experience Into a Second Act
- Amid fury of Israel-Hamas war, U.S. plans Israel evacuation flights for Americans starting Friday
Recommendation
-
Streamer stayed awake for 12 days straight to break a world record that doesn't exist
-
South Carolina man convicted of turtle smuggling charged with turtle abuse in Georgia
-
Black student disciplined over hairstyle hopes to ‘start being a kid again’
-
Kourtney Kardashian Fires Back at Criticism Over Getting Pregnant at Age 44
-
Usher Cancels Atlanta Concert Hours Before Show to Rest and Heal
-
Hunger Games Director Shares He Totally Regrets Dividing Mockingjay Into Separate Parts
-
Sam Bankman-Fried's lawyer struggles to poke holes in Caroline Ellison's testimony
-
Coast Guard rescues 2 after yacht sinks off South Carolina
Tags
-
lotradecoin beginner trading guide
lotradecoin cryptocurrency news updates
lotradecoin crypto trading academy
lotradecoin instant crypto swaps
lotradecoin trading pairs availability
lotradecoin versus binance comparison
lotradecoin cryptocurrency exchange
lotradecoin trends
lotradecoin scam prevention tips