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US News and World Report on Buying Manufactured Homes

Home › State of the Industry › US News and World Report on Buying Manufactured Homes

Rick Robinson

January 27, 2021
State of the Industry

US News and World Report recently published an article regarding the cost of purchasing a manufactured home.

The U.S. Census Bureau reports the average sale price of a new manufactured home was $88,200 in August 2020, the most recent average price available.

Compared to a traditional house built on a foundation, a manufactured home is typically more affordable. The Federal Reserve Bank of St. Louis reports the median sale price of a new house sold in August 2020 was $325,500, and prices continue to climb – in November 2020 the median sale price nationwide was $335,300.

Note that the article contains information regarding depreciation and financing which ManufacturedHomes.com believes is inaccurate, it otherwise shows the industry in a positive light.

Click here to read the entire article

About Rick Robinson

Well-known industry professional Rick Robinson has joined ManufacturedHomes.com to become its Executive Vice President of Industry Relations. In that role, the former General Counsel/Senior Vice President of State and Local Affairs for the Manufactured Housing Institute (MHI) will be working to bring a new level of consumer technology to those buying homes and residing in communities.