Open in App
  • Local
  • U.S.
  • Election
  • Politics
  • Sports
  • Lifestyle
  • Education
  • Real Estate
  • Newsletter
  • Wyoming News

    Manufactured vs. Site-Built Housing Costs

    10 hours ago

    https://img.particlenews.com/image.php?url=1wDkAJ_0vue4Mgp00

    While far less expensive, manufactured homes have experienced similar price increases as site-built homes

    Source: Construction Coverage analysis of U.S. Census Bureau and Zillow data | Image Credit: Construction Coverage

    The average sale price of manufactured homes in 2023 was $124,300. For context, Zillow pegs the median home value in the United States at slightly over $362,000. While manufactured homes remain relatively low-cost, the growing demand for housing has pushed prices higher in recent years. Since 2014, the average sale price of a manufactured home has grown by 83.0%, while the average price across all homes climbed 94.6%. For both manufactured and site-built homes, most of this growth occurred in 2020 and 2021, before plateauing in 2022 amid rising interest rates.

    Expand All
    Comments /
    Add a Comment
    YOU MAY ALSO LIKE
    Local News newsLocal News
    Robert Russell Shaneyfelt14 days ago

    Comments / 0