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    More than 300,000 empty lots for sale could close America's housing shortage by 6%

    7/21/26 8:00:00 AM ET
    $ZG
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    Real Estate
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    Building one home on each empty lot listed for sale on Zillow would reduce the national housing deficit to 4.44 million homes

    • A housing shortage of 4.7 million homes is the key driver of America's housing affordability crisis.
    • 300,242 empty lots smaller than 5 acres were listed for sale on Zillow in June 2026, representing 17.4% of all for-sale listings. Building one home on each of those lots would reduce America's housing deficit by 6.3%.
    • Zillow is participating in a federal tech sprint to find ways to reduce friction for rural buyers looking to build on an empty lot.

    SEATTLE, July 21, 2026 /PRNewswire/ -- America's housing affordability crisis is largely a supply problem, with the country currently being 4.7 million homes short of what is needed. If one home were built on every empty lot listed for sale, that shortage would shrink by more than 6%, new Zillow® research finds.

    Zillow logo

    More than 300,000 empty lots 5 acres or smaller were listed for sale on Zillow in June, making up 17.4% of all for-sale listings. Building just one home on each of those lots would bring the total housing deficit down to roughly 4.44 million homes, a 6.3% reduction from the latest estimate. The typical lot for sale is 0.57 acres — large enough, in many cases, to support more than one home, meaning the 6.3% figure is conservative.

    "The more than 300,000 lots currently listed for sale represent the lowest-hanging fruit in addressing a housing shortage that's two decades in the making," said Kara Ng, senior economist at Zillow. "The challenge is making it feasible to build. Loosening zoning rules, streamlining permitting and expanding access to financing would reduce the cost and uncertainty that hold construction back, turning available lots into much-needed homes. The ROAD to Housing Act is an encouraging sign that policymakers understand what it will take to close the gap, but some of this reform will need to happen at the state and local levels."

    Where the empty lots are

    The five states with the most empty lots listed are Florida (42,601), Texas (40,907), California (18,508), North Carolina (14,226) and Georgia (10,334). In states such as North Dakota, South Dakota and Alaska, empty lots make up more than one-third of all for-sale listings — 45.9%, 38.7% and 34.6%, respectively.

    Rural markets have the highest concentration of empty lots, at 25.3% of all for-sale listings, compared to 13.6% in the suburbs and 9% in urban areas. Rural lots are also the least expensive on a per-acre basis with a median of roughly $75,000 per acre, compared to more than $181,000 per acre in suburban areas and about $500,000 per acre for urban lots.

    Clearing the path to more homes

    Closing a gap this large requires solutions that address the problem from multiple angles. Zillow advocates for measures that make it easier and less expensive to build, such as modernizing zoning to allow more density, streamlining permitting, expanding financing options and expanding access to lower-cost housing options like manufactured homes. Manufactured homes are particularly well-suited to helping close this gap, as they can be built faster and at a fraction of the cost of traditional, site-built construction. Recent legislation, including the 21st Century ROAD to Housing Act, is already addressing some of those barriers.

    One hurdle for buyers interested in these lots is navigating a fragmented process — finding land, selecting a home type and securing financing are typically three separate and confusing steps. Zillow is working to change that through innovative solutions. This summer, the company has been participating in a 12-week federal tech sprint with the U.S. Census Bureau's Opportunity Project; its focus is on finding ways to increase access to small-dollar housing loans in rural communities. Zillow is exploring ways to reduce frictions for consumers who are interested in purchasing and building on an empty lot.

    State

    Empty lots

    listed for sale

    (June 2026)

    Share of

    listings that

    were empty

    lots (June

    2026)

    Median

    acreage

    Median price

    United States

    300,242

    17.4 %

    0.57

    $79,000

    Alabama

    7,651

    20.2 %

    0.75

    $70,900

    Alaska

    1,131

    34.6 %

    1.24

    $90,000

    Arizona

    8,131

    16.2 %

    1.03

    $90,000

    Arkansas

    6,621

    25.1 %

    0.50

    $38,000

    California

    18,508

    16.8 %

    0.63

    $73,000

    Colorado

    6,284

    13.9 %

    0.97

    $125,000

    Connecticut

    425

    7.6 %

    1.26

    $150,000

    Delaware

    462

    9.2 %

    0.75

    $252,500

    Florida

    42,601

    18.1 %

    0.26

    $49,000

    Georgia

    10,341

    14.1 %

    1.00

    $84,900

    Hawaii

    1,411

    16.9 %

    1.00

    $100,000

    Idaho

    3,175

    19.3 %

    0.98

    $215,000

    Illinois

    6,668

    22.2 %

    0.43

    $49,990

    Indiana

    4,124

    15.0 %

    0.43

    $69,900

    Iowa

    4,145

    25.0 %

    0.39

    $85,900

    Kansas

    2,018

    19.4 %

    0.44

    $58,500

    Kentucky

    4,370

    20.1 %

    0.87

    $49,900

    Louisiana

    9,159

    29.5 %

    0.50

    $68,000

    Maine

    1,231

    15.7 %

    1.80

    $94,900

    Maryland

    1,676

    8.7 %

    0.75

    $125,000

    Massachusetts

    846

    6.2 %

    1.17

    $225,000

    Michigan

    8,597

    21.5 %

    0.59

    $55,000

    Minnesota

    4,962

    19.3 %

    0.58

    $85,000

    Mississippi

    4,273

    24.7 %

    0.69

    $53,625

    Missouri

    5,607

    18.6 %

    0.50

    $60,000

    Montana

    2,395

    21.3 %

    0.83

    $195,000

    Nebraska

    2,773

    30.4 %

    0.27

    $79,941

    Nevada

    2,869

    15.5 %

    0.72

    $69,000

    New Hampshire

    573

    12.6 %

    1.23

    $129,900

    New Jersey

    1,352

    6.5 %

    0.49

    $209,950

    New Mexico

    4,293

    30.3 %

    1.00

    $50,000

    New York

    3,554

    8.1 %

    0.78

    $99,900

    North Carolina

    14,226

    18.2 %

    1.02

    $79,900

    North Dakota

    2,023

    45.9 %

    0.40

    $70,000

    Ohio

    4,313

    13.0 %

    0.46

    $74,900

    Oklahoma

    5,723

    19.9 %

    0.84

    $59,900

    Oregon

    3,745

    16.1 %

    0.51

    $159,000

    Pennsylvania

    6,511

    18.3 %

    0.38

    $49,299

    Rhode Island

    159

    9.0 %

    0.86

    $325,000

    South Carolina

    5,547

    12.2 %

    0.77

    $95,000

    South Dakota

    2,466

    38.7 %

    0.50

    $100,000

    Tennessee

    9,748

    17.9 %

    0.85

    $74,900

    Texas

    40,907

    16.2 %

    0.52

    $97,000

    Utah

    3,553

    15.7 %

    0.67

    $283,860

    Vermont

    382

    11.7 %

    1.70

    $123,000

    Virginia

    4,843

    14.9 %

    1.00

    $74,500

    Washington

    5,563

    13.9 %

    0.50

    $180,000

    West Virginia

    1,685

    26.2 %

    0.94

    $41,700

    Wisconsin

    5,372

    23.8 %

    0.64

    $84,900

    Wyoming

    1,167

    24.4 %

    0.54

    $110,000

    About Zillow Group

    Zillow Group, Inc. (NASDAQ:Z) is reimagining real estate to make home a reality for more and more people.

    As the most visited real estate app and website in the United States, Zillow connects hundreds of millions of consumers with innovative technology, trusted agents and loan officers, and seamless digital solutions. With industry-leading tools and resources, Zillow supercharges real estate professionals so they can grow their businesses and deliver exceptional client experiences. For renters and housing providers, Zillow offers not only a robust marketplace but a set of end-to-end products and services to streamline applications, leases, payments and more.

    Zillow's ecosystem spans the entire home journey — from dreaming and shopping to renting, buying, selling and financing.

    Zillow Group's affiliates, subsidiaries and brands include Zillow®, Zillow Premier Agent®, Zillow Home Loans®, Zillow Rentals®, Zillow® New Construction, Trulia®, StreetEasy®, Out East®, HotPads®, Follow Up Boss®, ShowingTime®, dotloop® and Zillow® Closing.

    All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). © 2026 MFTB Holdco, Inc., a Zillow affiliate.

    (ZFIN)

     

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/more-than-300-000-empty-lots-for-sale-could-close-americas-housing-shortage-by-6-302830340.html

    SOURCE Zillow

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