Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- Lot Size
- What is the standard size of a lot of land?
Lot Size - What is the standard size of a lot of land?
The median lot size of a new single-family detached home sold in 2015 dropped under 8,600 square feet for the first time since Census Bureau's Survey of Construction (SOC) started tracking the series. An acre is 43,560 square feet, so the current median lot size is just under one-fifth of an acre.