The tiny home movement is gaining momentum as consumers seek affordable and sustainable housing solutions. In the U.S., tiny homes account for approximately 0.36% of total residential listings, with an average size of 225 square feet. This trend is driven by factors such as high property costs and a desire for minimalist living. Manufacturers are responding by offering customizable designs and energy-efficient features, making tiny homes an attractive option for first-time buyers, downsizers, and those seeking eco-friendly living spaces.
The tiny home market is projected to grow at a compound annual growth rate of 5.37%, reaching USD 4.82 billion by 2028. This growth is driven by the increasing demand for affordable housing solutions and the desire for minimalist living. Manufacturers are responding by offering customizable designs and energy-efficient features, making tiny homes an attractive option for a wide range of consumers.
Sources: https://www.rubyhome.com/blog/tiny-home-stats/ , https://newsroom.technavio.org/tiny-homes-market-industry-analysis?