In the face of expensive real estate, many would-be buyers may consider more affordable options like manufactured, or mobile, homes. In our newest analysis of housing data we found that sales price of new mobile homes rose faster than the sales price of new single-family homes between 2017 and 2022.
States where mobile homes are most expensive
- Idaho
- Montana
- Arizona
- Washington
- California
States where mobile homes are least expensive
- Kansas
- Ohio
- Nebraska
- Indiana
- Connecticut
You can check out our full report here: https://www.lendingtree.com/home/mortgage/mobile-home-values-study/
LendingTree's Senior Economist and report author, Jacob Channel, had this to say.
"Despite the stigma against them, mobile homes can be safe and affordable places to live. With that said, not all mobile homes are the same, and anyone thinking about buying one should carefully research their options before they do. For example, would-be buyers should be sure that they know the answer to questions including, whether or not they’re buying a mobile home on the land it’s on or just the home itself, and whether or not the home they’re considering is properly hooked up and wired for plumbing and electricity. Remember that even if a mobile home seems like a good deal on the surface, rushing into a purchase without properly researching it can cause both financial and emotional distress."