Why Builders Are Building More One-Story Homes

In this episode of The Housing Economy, Lucas and Luna explore a noticeable shift in new-home construction: builders are increasingly offering single-story floor plans, even in markets where two-story homes have long dominated. With building permits up but housing starts down, the hosts examine how changing buyer preferences, aging demographics, and land costs are driving this trend. Lucas cites data from the latest Census Bureau survey showing that one-story homes now account for 55% of new single-family starts, up from 48% five years ago. Luna points out that the median age of homebuyers has risen to 48, and that empty-nesters and retirees prefer single-level living. They also discuss how builders like Lennar and Pulte are redesigning communities to feature more ranch-style homes on smaller lots. Tying it to the current market, they note that the median home sale price has dipped to $403,200, making smaller, one-story homes a more affordable option for first-time buyers too. The episode ends with a reflection on how the American dream home is evolving — not bigger, but more accessible. #SingleStoryHomes #HomebuildingTrends #HousingMarket #Demographics #BabyBoomers #FirstTimeBuyers #Lennar #PulteGroup #RanchStyle #LandCosts #AffordableHousing #NewHomeConstruction #CensusData #HousingStarts #BuildingPermits #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo