Single-Family Home Size Drops Slightly in Q2 2026

New single-family home sizes had been declining since 2015 due to affordability issues, with a brief increase in 2021 when interest rates were low. In 2026, median size remained around 2,185 sq ft, and average size slightly increased to about 2,426 sq ft. Since 2024, home sizes have trended upward, driven by stronger demand in the higher-end market, though affordability challenges continue to limit growth.