
Market Share of 5,000+ Square Foot New Homes Started Declines in 2024
In 2024, there were 24,000 homes that exceeded 5,000 square feet, equating to a 2.3% market share of all new homes started. Both the number and market share for 5,000+ square foot homes experienced declines from 2023, according to the annual data from the Census Bureau’s Survey of Construction (SOC). The number of homes started in 2024…