Average Sales Price of New Manufactured Homes in the South

Manufactured Housing Survey (MHS) for December moved down -2.2% from the previous month to $148,300. The average multi-section selling price was +1.9% above the December of 2023 average price nominally but was down -1% after adjusting for inflation.* The inflation-adjusted price was again below the previous three years of real average prices.

The average single-section price for December moved up +0.5% from the previous month and came in on the bottom half of the forecasted range to land at $84,300. The average sales price was up +6.6% from December of 2023 nominally and up +3.6% after adjusting for inflation.* The real average price of a single-section home was above the 2023 level, but it remained below the 2022 and 2021 real December average price.

Using a regression model based on the most recent producer price index for manufactured housing data, the forecasted average multi-section sales price is currently estimated at $155,100 (+/- $8,600) for multi-sections and $85,000 (+/- $6,300) for single-section homes*.

This interactive chart is built off of the US Census Buereau’s Manufactured Housing Survey (MHS) Tables

Texas Average Annual Manufactured Home Sales Price

The Census Bureau should release the annual average sales price for the state of Texas next month, but taking the mean of all the monthly averages is a decent estimate and puts the average annual price for multi-section homes around $150,500 and for single-sections around $83,800 in 2024.

The average sales price for a new single-section manufactured home in 2023 was $85,800, down -2.9% nominally from the prior year and down -6.1% after adjusting for inflation*. The average multi-section price was $149,100, down -7.4% nominally from 2022 and down an inflation-adjusted -10.4%*.

The average real price of multi-section manufactured homes in Texas for 2023 was lower than the previous two years.

This interactive chart is built off of the US Census Bureau’s Manufactured Housing Survey (MHS) Tables

* Inflation adjustments are made using the U.S. Bureau of Labor Statistics Consumer Price Index for All Urban Consumers.