What’s The State of the Manufactured Housing Industry?
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 2021 “State of the Industry” report on manufactured housing industry statistics and trends, the future is promising.
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 $119. The average cost per square foot for a manufactured home is $57.
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 31% of new manufactured homes are placed in a community.
How Many People Live in Manufactured and mobile homes?
Manufactured housing industry trends and statistics show 22 million people in the U.S. live in a manufactured or mobile home. Manufactured homes make up 9% of annual new home starts. About 76% of new manufactured homes are titled as personal property (chattel).
How much do residents and owners of manufactured homes appreciate their decision?
A recent study reveals 90% of people are satisfied with their mobile or manufactured home. Seventy-one percent of residents cite affordability as the key driver for choosing manufactured housing. About 62% of manufactured and mobile home residents anticipate living in their home for another 10 years, and 38% don’t ever anticipate selling their home.
Manufactured Housing Production
How many manufactured homes were built during 2020?
Thirty-four U.S. manufactured home builders operating from 135 plants across the country produced 94,390 housing units during 2020. Shipment levels of new manufactured homes leveled off slightly from the year prior.
What are the top manufactured home builders by market share?
- Clayton Homes — 50.4%
- Skyline Champion — 14.26%
- Cavco Industries — 12.75%
- Legacy Homes — 2.78%
- American Home Star — 2.46%
- Hamilton Homebuilders — 2.03%
- Scotbilt Homes Inc. — 1.69%
- Jessup Housing — 1.59%
- Adventure Homes — 1.49%
- Elliott MH MFG — 1.42%
- Commodore Corp. — 0.92%
Manufactured Housing Retail Markets
What are the top markets for manufactured housing retail sales?
- Dallas-Fort Worth
- Austin, Texas
- San Antonio, Texas
- Birmingham, Ala.
- Knoxville, Tenn.
- Los Angeles
- Tampa-St. Pete-Clearwater, Fla.
Take a look at the full manufactured housing industry data infographic published in our May/June 2021 State of the Industry edition of MHInsider magazine.