For the first time since Census Bureau’s Survey of Construction (SOC) started tracking lot sizes, the median lot size of a new single-family detached home dropped to under 8,600 square feet, reports Natalia Siniavskaia of the NAHB's Eye on Housing.
That trend, however, isn't universal across the country.
While nation’s lots are getting smaller on average, the regional differences in lot sizes persist. Looking at single-family (attached and detached) speculatively built (or spec) homes started in 2015, the median lot size in New England exceeds half an acre. This is 2.6 times larger than the national median lot.