![](\"https:\/\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/02\/home-construction-phoenix-arizona-getty-1.jpg\")
<\/p>\n <\/p>\n
Former Miami Mayor Francis Suarez discusses Miami’s 36% consumer price index hike since 2019, making it pricier than NYC. He addresses housing affordability for the middle class and Cuba’s impending collapse.<\/p>\n
More than 300,000 empty lots listed for sale could help reduce America\u2019s housing shortage, according to new research from Zillow.<\/p>\n
The real estate company said 300,242 empty lots of five acres or fewer were listed for sale on Zillow in June, accounting for 17.4% of all for-sale listings.<\/p>\n
Building one home on each lot would reduce the estimated national housing deficit from 4.7 million homes to about 4.44 million, a decline of 6.3%, Zillow said.<\/p>\n
The typical lot for sale is 0.57 acres and has a median price of $79,000. Zillow said many of the parcels may be large enough to support more than one home, making its estimate conservative.<\/p>\n
STARTER HOME AFFORDABILITY IS CRAWLING BACK. THESE REGIONS ARE BEST FOR FIRST-TIME HOME BUYERS<\/p>\n
The typical lot for sale is 0.57 acres and has a median price of $79,000. (Dave Zajac\/Connecticut Post via Getty Images)<\/p>\n
“The more than 300,000 lots currently listed for sale represent the lowest-hanging fruit in addressing a housing shortage that\u2019s two decades in the making,” Zillow Senior Economist Kara Ng said.<\/p>\n
Ng said loosening zoning rules, streamlining permitting and expanding access to financing could reduce the cost and uncertainty associated with construction.<\/p>\n
WHY HOMEBUYERS ARE RACING TO THIS PENNSYLVANIA PORT CITY<\/p>\n
Ng said loosening zoning rules, streamlining permitting and expanding access to financing could reduce the cost and uncertainty associated with construction. (Lindsey Nicholson\/UCG\/Universal Images Group via Getty Images)<\/p>\n
Florida had the most empty lots listed for sale, with 42,601, followed by Texas with 40,907, California with 18,508, North Carolina with 14,226 and Georgia with 10,334.<\/p>\n
Empty lots made up the largest share of for-sale listings in North Dakota, at 45.9%, followed by South Dakota at 38.7% and Alaska at 34.6%.<\/p>\n
Rural markets had the highest concentration of empty lots, accounting for 25.3% of listings, compared with 13.6% in suburban areas and 9% in urban markets.<\/p>\n
MORTGAGE RATES JUMP TO HIGHEST LEVEL IN ALMOST A YEAR<\/p>\n
Building one home on each lot would reduce the estimated national housing deficit from 4.7 million homes to about 4.44 million, a decline of 6.3%, Zillow said. (Nathan Howard\/Bloomberg via Getty Images)<\/p>\n
Rural lots were also the least expensive on a per-acre basis, with a median of about $75,000 per acre. That compares with more than $181,000 per acre in suburban areas and approximately $500,000 per acre in urban areas.<\/p>\n
Zillow said expanding access to manufactured homes could also help address the shortage because they can be built faster and at a lower cost than traditional site-built homes.<\/p>\n
CLICK HERE TO GET FOX BUSINESS ON THE GO<\/p>\n
The company is participating in a 12-week federal technology initiative with the U.S. Census Bureau\u2019s Opportunity Project focused on increasing access to small-dollar housing loans in rural communities and reducing barriers for buyers interested in purchasing and building on empty lots.<\/p>\n
#empty #lots #ease #housing #shortage #Zillow<\/p>\n","protected":false},"excerpt":{"rendered":"
Former Miami Mayor Francis Suarez discusses Miami’s 36% consumer price index hike since 2019, making…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[1498,8081,867,8515,5796,1950],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/11777"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11777"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/11777\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}