The average sales price for multi-section homes in the South Census Region according to the Manufactured Housing Survey (MHS) moved up to $149,600 in December of 2021, an 8.1% increase from the previous month and just inside the upper half of our forecasted value range.
The average multi-section price was up +36.1% over December of 2020 in nominal terms and +27.2% after adjusting for inflation.* The Producer Price Index (PPI) for manufactured home builders was up +29.4% at this same point in time, and the PPI for inputs to residential construction was up +20.8% .
The average single-section price moved up +3.9% from the previous month coming in right in line with our forecast at $80,000.
The average price for single-sections was up +24.0% over December of 2020 nominally, and up +15.9% after adjusting for inflation.*
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 $161,200 (+/- $9,100) for multi-sections and $88,600 (+/- $5,600) 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 releases the previous year’s annual average price data for manufactured homes at the individual state level in the summer.
The average sales price for a new single-section manufactured home in 2020 was $60,200, up 8.9% nominally over the prior year and up 7.4% after adjusting for inflation*, while the average multi-section price was $109,000, up 3.4% nominally from 2019 and up an inflation-adjusted 2.0%*.
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.