Tag: lot size

Average New Lot Size Remains at Record Low

Filed in Economics by on October 16, 2018 1 Comment
Average New Lot Size Remains at Record Low

The median lot size of a new single-family detached home sold in 2017 was 8,560 square feet, or just under one-fifth of an acre. While only two square feet smaller than 2016’s median lot size, it is still the lowest number since the Census Bureau’s Survey of Construction (SOC) started tracking the series for single-family detached homes in 1992.

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