According to Zillow the median lot size for new homes has declined about 10 percent since the late 1990s, from about 9,600 square feet in 1999 to about 8,600 square feet as of the end of 2014. Over the same period, new homes have grown almost 25 percent, from a median of roughly 2,100 square feet in 1999 to about 2,600 square feet as of the end of 2014.
- These larger new homes tend to have more bedrooms and especially more bathrooms.
Increasingly, home builders are doing more with less, and in some surprising ways and places.
Both larger homes and smaller lots are contributing to the trend, with bigger homes playing a larger role. The median lot size for newly constructed homes has declined about 10 percent from the late 1990s, from about 9,600 square feet to about 8,600 square feet. The median finished square footage of new homes is up almost 25 percent over the same period, from about 2,100 square feet to about 2,600 square feet.
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