As the housing market gets more and more competitive, prospective home buyers seeking affordable housing are having to make sacrifices. For some, it means cutting square footage and embracing a more minimalist lifestyle.
The tiny home trend emerged in 2008 when the subprime mortgage crisis took hold and many homeowners were forced to downsize. Since then, the hype has continued with the rise of television shows like HGTV’s ‘Tiny House Hunters’. There have even been zoning laws approved allowing construction of tiny-home-only communities like this one in Rockledge, Florida.
To find the most desirable tiny homes around the country, we looked at actively listed single-family homes under 600 square feet in more than 80 markets, and used Redfin favorites to determine desirability. Riverside, CA has the most tiny homes on the market, with 153 currently listed, followed by Phoenix (99), New York (86), Los Angeles (70) and Tampa (55). But the most desired tiny home in the U.S. resides in another competitive market–Seattle. The 580-square-foot home in the South Park neighborhood of Seattle has been on the market for just five days and already has 68 favorites.
Here are the 10 most desired tiny homes on the market right now.
1. 1047 S Thistle St. (Seattle, WA)
List Price: $309,950
Square Footage: 580
Redfin Favorites: 68
2. 21907 241st Dr. SE (Monroe, WA)
List Price: $299,950
Square Footage: 400
Redfin Favorites: 62
3. 41503 150th St. SE (Gold Bar, WA)
List Price: $229,000
Square Footage: 440
Redfin Favorites: 53
4. 309 Crane Blvd (Los Angeles, CA)
List Price: $465,000
Square Footage: 470
Redfin Favorites: 36
5. 1097 E Rio Grande St (Pasadena, CA)
List Price: $539,000
Square Footage: 548
Redfin Favorites: 31
6. 11920 876th Place NE (Skykomish, WA)
List Price: $205,000
Square Footage: 580
Redfin Favorites: 28
7. 354 Virgin St (Monterey, CA)
List Price: $475,000
Square Footage: 522
Redfin Favorites: 28
8. 2419 Lincoln (San Diego, CA)
List Price: $459,900
Square Footage: 600
Redfin Favorites: 27
9. 1585 Elkhorn Rd (Royal Oaks, CA)
List Price: $599,000
Square Footage: 456
Redfin Favorites: 26
10. 6567 Cactus Jack Ave (29 Palms, CA)
List Price: $87,000
Square Footage: 240
Redfin Favorites: 24
The most expensive tiny home on the market didn’t make this list, but resides in Santa Cruz, CA and is listed for a whopping $1,249,000. At just 600 square feet, that makes it $2,082 per square foot!
Want to see the most desirable tiny homes on the market for your metro? Reach out to press@redfin.com.