Share of Bedrooms in New Single-Family Homes in 2022

2023-12-14T07:23:07-06:00

By Jesse Wade on December 14, 2023 • The Census Bureau’s latest Survey of Construction (SOC) shows small changes in the share of number of bedrooms for new single-family homes in 2022 compared with the previous year. The current estimates indicate the share of new single-family homes with two bedrooms or less is 11.0%, three bedrooms, the largest share, had a share of 42.8%, four bedrooms make up 35.7% of new single-family homes, and five bedrooms or more had a share of 10.5% in 2022. Figure 1 shows the changes in the share of new single-family homes by number of bedrooms dating back to 2005. For the third straight year, the share of three-bedroom single-family homes declined, marking the lowest share in the series. The share of four-bedroom single-family homes also fell somewhat from last year. The share of new single-family homes with two bedrooms or less rose back up in 2022 to a share higher than homes with five bedrooms or more. Figure 2 below examines the difference between US Census divisions by share of new single-family homes with four or more bedrooms. The East North Central Census division had the lowest share of new-single family homes having four or more bedrooms at 29.4%. The highest share of new single-family homes built with four or more bedrooms was 51.7% which was in the South Atlantic Census division. Depending on a new single-family homes purpose of construction (Built-for-Sale, Contractor-built, Owner-built, Built-for-Rent), the number of bedrooms in the home greatly varied in 2022. Most of this variation comes from the two-bedroom or less homes and four-bedrooms homes. The share of new single-family homes with two bedrooms or less ranges from 5.4% of homes built-for-sale to 42.9% of homes built-for-rent. For the share of new single-family homes with three bedrooms, it ranges from 42.1% of built-for-sale homes to 46.7% of owner-built homes, displaying relatively little change across purpose of construction compared to the other number of bedrooms. The share of new single-family homes with four-bedrooms ranges from 12.0% of built-for-rent homes to 40.6% of built-for-sale homes. The last group, the share of new single-family homes with five-bedrooms or more, ranged from 2.3% in built-for-rent homes to 11.9% in built-for-sale homes in 2022. Single-family homes that were built-for-rent typically had far fewer bedrooms when compared to other purposes of construction. Single-family homes built-for-sale were three times more likely to have four-bedrooms than homes that were built-for-rent. ‹ The Fed Projects Lower Rates in 2024Tags: bedrooms, new homes, Single-Family homes, SOC, survey of construction

Share of Bedrooms in New Single-Family Homes in 20222023-12-14T07:23:07-06:00

Two-Story Foyer Trend Sees a Slight Increase in 2022

2023-12-06T10:18:52-06:00

By Fan-Yu Kuo on December 6, 2023 • Information obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, shows the share of new homes with a two-story foyer slightly increased in 2022. The increase was particularly notable in West South Central and New England. However, most new single-family homes were built without a two-story foyer nationally and regionally. According to the Census, a two-story foyer is defined as the entranceway inside the front door of a house and has a ceiling that is at the level of the second-floor ceiling. In the United States, the share of new homes with two-story foyers rose from 25% to 26% in 2022. However, it remains the second lowest level in the past 5 years. A two-story foyer has been an unwanted feature from both buyers’ and builders’ perspectives since 2012, as many homebuyers consider two-story foyers energy-inefficient. Regionally, the share declined in five of the nine divisions. Among these divisions, the East South Central has the highest share of new homes started with two-story foyers (28%). The New England, East North Central, East South Central and West South Central are the four divisions to see a decline in the share of two-story foyers from 2021 to 2022. ‹ State-Level GDP in the Second Quarter of 2023Tags: Census, SOC, two-story foyer

Two-Story Foyer Trend Sees a Slight Increase in 20222023-12-06T10:18:52-06:00

Share of New Homes with Decks Under 18% Again

2023-12-04T14:17:06-06:00

As discussed in Eye on Housing last year, builders have been including decks on fewer and fewer new homes recently.  According to NAHB tabulation of data from the HUD/Census Bureau Survey of Construction (SOC), well over 20% of all single-family homes started had decks from 2005 through 2018—as many as 27% in 2007 and 2008.  After 2017, however, the share started to drop every year, reaching a low of 17.5% in 2021.  In 2022, the share increased, but just barely, to 17.7%. This happened while, as shown in an October post, the share of new single-family homes with patios was climbing to an all-time high of 63.3%.  In fact, the correlation over time between the percentages of new homes with decks and patios between 2005 and 2002 was -.82, suggesting that patios on new homes have been serving as a substitute for decks. The tendency of patios to substitute for decks—i.e., patios being more common where decks are less common—is also evident at a single point in time across the nine Census divisions.  In 2022, the share of new homes with decks was at its lowest in the West South Central and South Atlantic divisions (4 and 13 percent, respectively), the same two divisions where the share of new homes with patios was at its highest (over 70 percent).  Across all divisions in 2022, the correlation between the percentages of new homes with decks and patios was -.76. Nevertheless, decks remain relatively popular on new homes in several divisions.  At the top, 62% of new homes in New England came with decks in 2022, followed by 45% in the West North Central and 37% in the East South Central. Moreover, NAHB surveys show that home buyers like decks nearly as much as they like patios.  In the 2021 edition of What Home Buyers Really Want, 75% of recent and prospective buyers rated decks essential or desirable—not too far below the 82% for patios.  NAHB will be releasing a new version of this study with more recent preference data at the 2024 IBS. Beyond the SOC, detail on the characteristics of decks on new homes is available from the Annual Builder Practices Survey (BPS) conducted by Home Innovation Research Labs. For the U.S. as a whole, the 2023 BPS report shows that the average size of a deck on a new single-family home built in 2022 was 309 square feet.  Across Census divisions, the average size ranged from a low of 221 square feet in the Mountain division to a high of 464 square feet in the Middle Atlantic and West South Central.  The BPS also shows a geographic split in the material builders prefer to use in new home decks.  In the New England, West North Central, South Atlantic and East South Central divisions, treated wood remains their top choice.  In the other five divisions, composite has moved ahead of treated wood—and usually by a wide margin. Decks may also be added to a home after it has been built, of course, and this is one way in which decks seem to be outdoing patios.  In the survey for the NAHB/Westlake Royal Remodeling Market Index, 23% of professional remodelers cited decks as one of their most common projects in the third quarter of 2023, compared to 15% for patio additions. ‹ October Gains in Private Residential Construction SpendingTags: BPS, builder practices survey, composite, decks, economics, home building, housing, patios, SOC, survey of construction

Share of New Homes with Decks Under 18% Again2023-12-04T14:17:06-06:00

Number of Bathrooms in New Single-family Homes in 2022

2023-11-14T08:16:04-06:00

By Jesse Wade on November 14, 2023 • The Census Bureau’s latest Survey of Construction (SOC) shows minor changes in the number of full and half bathrooms for new single-family homes started in 2022 compared to 2021. The current data shows that 4.4% of new single-family homes started had one full bathroom or less, 62.3% had 2 full bathrooms, 25.8% had 3 full bathrooms and 7.5% had 4 or more full bathrooms. Figure 1 shows how the share of new single-family home starts by full bathrooms has changed dating back to 2005. The share of new single-family homes with one or less full bathroom and four or more full bathrooms increased from 2021 while the share of new single-family homes with two full bathrooms and three full bathrooms decreased. Despite falling from 2021, homes with two full bathrooms continues to have the highest share of new single-family home starts. This share has fluctuated between 69.9% and 59.3% of all new homes since 2005 with the lowest level of 59.3% in 2015. The share of new single-family homes with two full bathrooms was at 62.3% in 2022. Figure 2 indicates that the share of new single-family homes started in 2022 with two full bathrooms varies across the country. The East North Central census division had the highest share at 70.8% of new single-family homes having two full bathrooms. The lowest census division was the Pacific, with a share of 51.7% new single-family homes having two full bathrooms. In 2022, a majority of new single-family homes (53.5%) had no half-bathrooms. 44.8% of new single-family homes had one half-bathroom. New single-family homes with two or more half-bathrooms had a share of 1.7% in 2022. Half-bathrooms are historically prevalent in the New England census division as 79.5% of new single-family homes had at least one in 2022. The share of new single-family homes in New England that contained at least one half-bathroom averaged 78.2% between 2017 and 2022. Over the same time period, new homes constructed in the East South Central division with one or more half-bathrooms saw an increase in frequency. In 2017, only 29.3% of new homes had at least one half-bathroom in the East South Central. This share rose 8.7 percentage points to 38.0% in 2022, the largest increase over this time. Conversely, the pervasiveness of new homes with at least one half-bathroom fell 10.6 percentage points in the Pacific division, from 52.1% to 41.5% in 2022. Related ‹ Builders and Lenders Agree: Credit is TighteningTags: bathrooms, new homes, Single-Family homes, SOC, survey of construction

Number of Bathrooms in New Single-family Homes in 20222023-11-14T08:16:04-06:00

Porches on New Homes as Popular as Ever

2023-11-07T09:16:44-06:00

Porches have been a popular home feature, consistently ranking in the top 10 in the NAHB surveys of recent and prospective home buyers published in What Home Buyers Really Want.  And porches remain as popular as ever specifically on new homes, according to NAHB tabulation of the latest Survey of Construction (SOC, conducted by the U.S. Census Bureau with partial funding from HUD) data.  Of the roughly one million single-family homes started in 2022, the SOC data show that 66.4% came with porches.  This is the highest the share has been since the re-design of the SOC in 2005. Recent year-to-year fluctuations in the share of new homes with porches have not been very large, however.  Since climbing to 63% for the first time in the 2009 trough of the Great Recession, the share hovered in a relatively narrow band between 63% and 66% before finally breaking above 66% for the first time in 2022. Traditionally, porches on new homes have been most common in the four states that make up the East South Central Census division.  That was true again in 2022, although the gap has narrowed.  In 2022, 80% of new homes in the East South Central had porches, but the share was over 70% in four of the other eight divisions: the Pacific (78%), New England (73%), Mountain (72%), and South Atlantic (71%) divisions.  Compared to the previous year’s results, the share of new homes with porches jumped upward by 7 to 10 percentage points in the Pacific, New England, and South Atlantic Divisions, but actually declined by 7 points in the East South Central. The SOC provides information about the number of new single-family homes with porches, but not many details beyond that.  Additional information, however, is available from the Builder Practices Survey (BPS), conducted annually by Home Innovation Research Labs.  Among other things, the 2023 BPS report (based on homes built in 2022) shows that porches continue to be most common on the front of new single-family homes, rather than on the side or rear.  Whether  front, side or rear, the size of the porches tends to average a little over 100 square feet—unless it is a screened-in porch, in which case the average is well over 200 square feet. To build their new home porches, builders continue to use concrete more than any other material on a square-foot basis—except in New England, where treated wood, composite, natural stone, and PVC or other plastics are each used more than concrete. Readers interested in how well builder practices are tracking recent trends in consumer preferences. should watch for the 2024 edition of What Home Buyers Really Want, which will be released at the next International Builders Show Related ‹ Type of Parking Facility of New Single-Family Houses Completed: 2022 DataTags: BPS, builder practices survey, concrete, economics, home building, housing, porches, SOC, survey of construction

Porches on New Homes as Popular as Ever2023-11-07T09:16:44-06:00

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