About 44% of new construction homes over the past 20 years have had 4+ bedrooms. The American Housing Survey uses categories rather than numbers, so 4 and 5+ is the most granular we can get.

It’s a significant problem in the housing market, often called the “missing middle”, where we don’t have enough starter homes for young/new buyers to get on the housing ladder. We are only building large homes used by families who already have a lot of equity