Over a five-year period, prices for manufactured homes have risen by nearly 60%, showing a faster pace than traditional single-family homes and highlighting a lasting trend in housing affordability.
The average price of a new manufactured home rose by 58.34% from 2018 to 2023, contrasting a 37.66% rise for site-built homes, although manufactured homes remain more affordable overall.
Despite a substantial long-term increase in manufactured home prices, a slight decline of 2.36% was observed from 2022 to 2023, indicating possible volatility in the market.
States like Washington, California, and Arizona witness the highest prices for manufactured homes, emphasizing regional variations within the broader housing affordability crisis affecting the U.S.
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