Single-Family Home Sizes Continue to Grow Larger

According to Q3 2021 data from the U.S. Census Bureau’s Quarterly Starts and Completion by Purpose and Design, with further analysis provided by the National Association of Home Builders (NAHB), the median single-family homes’ livable space increased to 2,337 square feet. The average (mean) square footage of a new single-family homes increased to 2,541 square feet.

The NAHB notes that the increase in square footage is the direct result of the COVID-19 pandemic and the need for additional residential space, as people use their homes for more than just their residence — including working and going to school from home.

Since Great-Recession lows (and on a one-year moving average basis), the average size of new single-family homes is now 6.2% greater at 2,518 square feet. The median size is 9.3% greater at 2,296 square feet.

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Original Source:
Single-Family Home Size Continues to Trend Higher