Bloomberg by the Numbers: 2,384

Median Home SizeThe median size of a new single-family home was 2,384 square feet in 2013.

That’s a 3.4 percent increase from 2012.

Homes today are more than twice as big on average as in 1950, when houses averaged 983 square feet, according to the National Association of Home Builders.

Nonetheless, more people are choosing “tiny houses” smaller than 500 square feet to curb expenses, as Bloomberg’s Nina Glinski reports.

“Tiny houses are no longer strange,” said Debby Richman, the chief marketing officer of Tumbleweed Tiny House Company. “They are now ‘cute.’ The cultural mores have changed.”

 

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