Average Sales Price of New Manufactured Homes in the South

The average sales price for multi-section homes in the South Census Region according to the Manufactured Housing Survey (MHS) for September moved down -4.0% from the previous month to $151,900. The average multi-section selling price was +5.1% above the September of 2023 average price nominally, and was up +2.6% after adjusting for inflation.* While prices are above where they were a year ago, they remain below the real prices of 2021 and 2022 for September.

The average single-section price for September moved up +3.3% from the previous month coming in at $87,700. The average sales price was up +12.4% from September of 2023 nominally and up +9.8% after adjusting for inflation.* Each individual month’s average is fairly volatile depending on the trim levels of the homes included in the sample, so the large year-over-year increase is wider than it will probably be next month and the real price for single-sections in 2024 through September remains below where it was in 2021 and 2022 as well.

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 $153,600 (+/- $8,600) for multi-sections and $83,800 (+/- $6,200) 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 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.