The average sales price for multi-section homes in the South Census Region according to the Manufactured Housing Survey (MHS) moved up to $159,400 in August, a +0.4% increase from the previous month and just below the mean forecasted price.
The average multi-section price was up +14.7% over August of 2021 in nominal terms but only up +5.9% after adjusting for inflation.*
The average single-section price moved up +3.7% from the previous month, coming in at $86,000 which was just $1,700 below the mean forecasted price.
The average sales price for single-section homes was up +7.5% over August of 2021 nominally, but hit the first negative reading since June of 2020 coming in -0.7% lower 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 now estimated at $157,800 (+/- $8,700) for multi-sections and $85,700 (+/- $5,500) 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 2021 was $75,900, up +26.1% nominally over the prior year and up +17.8% after adjusting for inflation*, while the average multi-section price was $138,300, up +26.9% nominally from 2020 and up an inflation-adjusted +18.5%* .
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.