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 October moved up +0.2% from the previous month to $152,200. The average multi-section selling price was +3.3% above the October of 2023 average price nominally, and was up +0.6% after adjusting for inflation.* While prices for October 2024 were above where they were in 2023, they remain below the real prices of 2021 and 2022.
The average single-section price for October moved up +3.5% from the previous month and came in above the forecast to land at $90,800. The average sales price was up +9.4% from October of 2023 nominally and up +6.6% after adjusting for inflation.* The second straight month-over-month increase puts the real average price of a single-section home at the highest value for 2024 so far.
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 $153,800 (+/- $8,600) for multi-sections and $84,100 (+/- $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 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.
