During the COVID-19 pandemic, the housing market has shifted toward people wanting to live in larger homes and moving from urban areas to suburban and rural areas.
american home shield determined the results of the 2022 U.S. Home Size Index by examining a listing of 506,374 homes and condos for sale from Zillow.
Some key findings from the index show that the average new home in the United States is now more than 1,000 square feet larger than it was in 1973, according to Census Bureau data.
The index also shows that the fastest-growing tech hubs in the Rocky Mountains have the largest homes and the densest coastal cities have the most expensive real estate.
average house size: 2,760 square feet
Employment in Colorado Springs increased by 5.3% from 2017 to 2021, according to the American Home Shield Index. New high-income workers have created a greater demand for housing.
With job growth shifting to smaller suburbs and a focus on affordable housing and a lower cost of living, it makes sense why Colorado cities wanted newer, bigger homes. increase.
- Colorado Springs, Colorado
- Aurora, Colorado
- Raleigh, North Carolina
- henderson, nevada
- Fort Worth, Texas
- Nashville, Tennessee
- Austin, Texas
- Albuquerque, New Mexico
- Omaha, Nebraska
- Charlotte, North Carolina
The second-largest city in the United States with the largest homes was Aurora, Colorado. The average house size in Colorado City is 2,451 square feet.according to U.S. Bureau of Labor StatisticsEmployment in Aurora grew by 5.7% from 2017 to 2021, and an influx of new workers has created demand for new housing, according to Aurora.
The city of Raleigh, North Carolina, was ranked third for the largest homes in the United States. According to the Index, Raleigh is another example of a fast-growing, well-educated neighborhood that has made wealth thrive in a mid-sized city and created demand for larger housing. Raleigh’s average residential area is her 2,366 square feet.
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