What Is The State of the Manufactured Housing Industry?
Updated Industry Facts and Figures
This post highlights some of the top-line trends in the manufactured housing industry. Manufactured homes continue to be a crucial solution to the affordable housing crisis. Judging by the numbers from our 2023 “State of the Industry” report on manufactured housing industry trends and statistics, manufactured housing continues to meet the need for affordable housing in the U.S., and there continue to be positive signs for growth.
What is the cost per square foot comparison between manufactured and site-built homes?
The average cost per square foot of a site-built home is $139.20. The average cost per square foot for a manufactured home is $72.46.
How many manufactured homes are there, and how many go to communities?
There are an estimated 4.3 million manufactured home sites in the United States. Approximately 27 percent of new manufactured homes are placed in a community. The U.S. has approximately 43,000 manufactured home communities. A third of the country’s communities were constructed in the 1950s through 1990s.
How Many People Live in Manufactured and Mobile Homes?
Manufactured housing industry trends and statistics show 21.2 million people in the U.S. live in a manufactured or mobile home. Manufactured homes make up 11 percent of annual new home starts. About 77 percent of new manufactured homes are titled as personal property (chattel).
How much do residents and owners of manufactured homes appreciate their purchasing decision?
A recent study reveals 85 percent of people are satisfied with their mobile or manufactured home, a seven percent increase from the last survey conducted in 2018. Seventy percent of residents cite affordability as the key driver for choosing manufactured housing. Fifty-three percent of manufactured home owners said they purchased their home for its energy efficiency, and 49 percent choose their home for added space.
Manufactured Housing Production
How many manufactured homes were built during 2022?
Thirty-four U.S. manufactured home builders operating from 145 plants (growth of one builder and four plants compared with 2021) across the country produced 112,865 housing units during 2022. Shipment levels of new manufactured homes eclipsed the 100,000 mark in consecutive years, and only for the second time in 16 years.
What are the top manufactured home builders by market share?
- Clayton Homes — 45.7 percent
- Skyline Champion — 16.8 percent
- Cavco Industries — 12.06 percent
- Live Oak Homes — 4.14 percent
- Hamilton Homebuilder 3.17 percent
- Legacy Homes — 2.86 percent
- American Home Star — 2.25 percent
- Jessup Housing — 1.91 percent
- Elliott MH MFG — 1.47 percent
- Adventure — 1.28 percent
Manufactured Housing Retail Markets
What are the top markets for manufactured housing retail sales?
- Dallas-Forth Worth
- Austin, Texas
- San Antonio
- Jacksonville, Fla.
- Tampa-St. Pete, Clearwater, Fla.
- Birmingham, Ala.
- Knoxville, Tenn.
What’s The State of the Manufactured Housing Industry?
MHlnsider updated its annual manufactured housing industry trends and statistics infographic, originally published in the May/June 2023 State of the Industry edition of MHInsider magazine. The following infographic includes data provided in summary earlier in the post and expands on information gathered from our surveys and data from other reliable sources.