Modern construction methods, such as additive manufacturing, are aimed to enhance the efficiency and quality of construction processes while potentially reducing waste generation and material use, thus contributing to sustainability performance (SP). However, comprehensively understanding the sustainability trade‐offs associated with these methods is crucial for guiding both research and practical applications toward sustainable development. This study aims at quantifying the SP of various construction methods for housing, including traditional, prefabricated, and additive manufacturing approaches. A sustainability index, integrating economic, environmental, social, and technological criteria, is utilized to assess different alternatives. Findings reveal promising aspects of 3D printing technologies, such as potential cost reductions through scale increase and process optimization, minimized material waste generation, creation of skilled employment opportunities, and enhanced construction flexibility and ease. Nevertheless, challenges persist, notably significant greenhouse gas emissions and limited supplier availability. Addressing these challenges is imperative for advancing the sustainable implementation of additive manufacturing in construction.