The average sale price for a new manufactured home is $125,000, according to September 2024 data from the U.S. Census Bureau. Prices may vary by the type of home: For example, a single-wide manufactured home averages $87,000, while a double-wide has a median cost of $153,100. Compared to the $402,000 median sales in January 2025...
Skyline Champion Corp. has released its Q3 earnings. Here is a breakdown of the information Skyline Champion Corp presented to its investors. Champion Homes, Inc., a leading producer of factory-built housing in North America, specializes in manufacturing modular and manufactured homes under various well-known brand names. With 48 manufacturing facilities and 72 retail locations, the...
(Source: MHI Economic Report) – The manufactured housing industry closed out 2024 on a high note, with notable increases in production and shipments. December production saw an 11.3% year-over-year increase, contributing to an impressive 15.9% growth in year-to-date production. Shipments also trended upward, with single-section homes rising 11.1% year-to-date, while multi-section shipments surged 19.7%. The...
New Research, published by the Urban Institute, “Building a Climate-Resilient Manufactured Housing Stock,” found that manufactured housing is a vital piece of the puzzle for addressing America’s housing crisis, if done in a forward thinking and resilient manner.The report examines the hazards the manufactured housing stock is exposed to, the challenges in making manufactured housing...
“Leaving financing to a customer’s own devices is not a winning strategy” Most shoppers seeking manufactured home ownership will need financing and will be confused as to how to accomplish that. A salesperson who has developed a comfortable and trusting rapport with the home shopper and is knowledgeable about the various types of manufactured home...
In 2025, in various reports, it is expected that factory-built housing will gain momentum as a solution for middle- and lower-income families due to its affordability and efficiency. However, challenges remain that could slow widespread adoption. Shifting Factors: Factory-built construction will lower building costs by 20%, and possibly more, making homeownership more accessible. (American Progress)...
With stylish features and floor plans, many of today’s manufactured homes break the old “mobile home” stereotype–without breaking the bank. The Manufactured Housing Institute, a trade group, reports that, on average, newly manufactured homes cost about half the price of site-built homes. Factory construction lowers material and labor costs, and a federal building code makes...
(Source: Multi-Housing News) – Marcus & Millichap has brokered the sale of 12 manufactured housing communities in the Southeast, which were 82 percent occupied at the time of the deal. Encompassing 544 units, the portfolio spreads across Thomasville, Cairo and Ochlocknee, Ga., and Monticello, Fla. It includes 478 manufactured housing lots, 60 recreational vehicle lots...
Source: Oak Creek Homes/ – Oak Creek Homes, an award-winning small manufacturer, known for its innovative manufactured homes and modular homes, is excited to announce a groundbreaking partnership with LG, the #1 appliance brand in the U.S. In 2025, now every newly ordered Oak Creek home will come equipped with premium LG Stainless Steel Kitchen...
The Baby Boomers of today are retiring in record numbers, and active as they are, many are challenging a number of popular stereotypes about retirement and aging. According to the U.S. Census Bureau, by 2034 nearly a quarter of the U.S. population will be over the age of 65, and many are seeing the benefits...
