Hardware Retailing The Industry's Source for Insights and Information
According to an NAHB analysis of the latest Builder Practices Survey (BPS) conducted by Home Innovation Research Labs, in 2024, 6.9% of new single-family detached homes were teardowns and 20.1% were built on infill lots in older neighborhoods.
While the number of infill and teardown construction is increasing, homes built in new residential developments still account for 57.5% of all new homes built in 2024. Another 15.6% of new homes were built in non-residential development or a neighborhood.
Regionally, 53% of new homes in New England are teardowns or on infill lots and 40.4% are teardowns in the Mid-Atlantic. In the Mountain West, only 15.3% of new homes are teardowns, and 15.9% are teardowns in the Texas region.
