DR Horton Gen-Homes Sell Out Amid High Home Prices
DR Horton Gen-Homes Sell Out Amid High Home Prices

DR Horton Gen-Homes Sell Out Amid High Home Prices

News summary

DR Horton Hawaii’s Ahakea “Gen-home” at Hoopili — 12 feet wide and under 1,000 sq ft — offers smart-home features, is priced around $700,000, and sold out its first release amid strong buyer interest. The compact homes are pitched as more affordable entry points on Oahu, where the median single-family price is about $1.15 million, and local realtors report demand for smaller, mixed housing options. Nationwide, Stacker’s state-by-state compilations using Zillow data show wide regional price variation while the U.S. typical home value was $364,891 in September. Higher borrowing costs — a 30-year fixed rate of roughly 6.27% as of Oct. 16 — are squeezing affordability and helping explain interest in compact, efficient housing in high-cost markets. State lists highlight metros such as Seattle-Tacoma-Bellevue (~$938,751), Urban Honolulu, New York-Newark-Jersey City, Oklahoma City, Washington-Arlington-Alexandria and Burlington-South Burlington, with varied one- and five-year price changes.

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