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In 2024, the national median price per square foot for a manufactured home climbed 1.2%, while the median price per square foot of a single-family home climbed 2.5%, reports Realtor.com.
The average price of a manufactured home in the U.S. stands at $124,300, far less than the price of a site-built home in 2023 ($409,872, or $285,572 more than a manufactured home).
An estimated 22 million Americans live in manufactured housing in over 50,000 manufactured housing communities, according to a news release. Ten of them are resident-owned housing cooperatives.
First, owned manufactured homes on rented land are more likely to be older: 19 percent live in homes built before 1976, when the U.S. Department of Housing and Urban Development’s standardized ...
Buying a manufactured home can seem like a great idea. They’re typically more affordable than a traditional home, and the communities where they’re located can feature an assortment of ...
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