The Federal Housing Finance Agency (FHFA) has introduced new national datasets on price trends for manufactured homes.
The new data release for manufactured homes includes purchase-only as well as all-transactions house price indexes. Both datasets will measure quarterly changes in prices since 2000, on a national scale, based on repeat-sale transactions for individual homes. The data series on median manufactured home prices list the national median prices in dollars for every quarter since the beginning of 1985.
For its first report, the FHFA found house price indexes for manufactured homes increased by 7.9% between the second quarters of 2023 and 2024. The house price index was up by 3.2% from the first quarter to second quarter of this year.
During the second quarter, the median price of manufactured homes for sale was $231,000. This represents an increase of $1,000 from one year earlier.
The FHFA added the price indexes and data on median prices for manufactured houses are still in development and may undergo changes in the future.
“FHFA’s new data resource on manufactured homes provides relevant, up-to-date information on an important but less-understood segment of the housing market,” said FHFA Director Sandra L. Thompson. “In a housing market with elevated home prices, manufactured housing remains an affordable option. This new data should help advance discussions on responsible efforts to expand homeownership opportunities.”
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