32-inch TVs sell more than any other TV size. Modern 32-inch TVs come with energy-saving LED screens or CFL backlight. 32-inch TVs with 720p resolutiuion is alomost equivalent to 1080 display in larger size TVs. Other things like refresh rates and oversize audio are only tricks to charge bigger sticker price.

The ideal small TV are affordable and come with plenty of big TV like features - HDMI etc.

The best small TV: 32-inch TCL Roku (easy to use,  integrated Roku functions, lots of HDMI ports)

The best small TV with better picture: VIZIO E32-C1 32-Inch 1080p Smart LED TV (2015 Model)
 

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