Manufactured Housing Opens the Door to Homeownership

There is simply no substitute for owning your own home. Manufactured homes put the American Dream within reach for millions of families.

ATTAINABLE

  • Manufactured homes offer individuals and families housing that is often much less expensive than
    renting an apartment or purchasing a site-built home.
  • The median household income of a manufactured home resident is around $35,000 – while the median
    household income of a site-built homeowner is around $76,000.

BUILT TO FEDERAL STANDARDS

  •  Unlike site-built homes, which are subject to numerous differing state and local regulations, manufactured homes are built to one uniform federal preemptive code, the HUD Code.
  • The HUD Code provides a single uniform regulatory framework for design and construction of manufactured homes, including standards for health, safety, energy efficiency, and durability.
  • Manufacturers can ship homes across state lines and achieve economies of scale that bring high quality,
    affordable homes to millions of people.

A SOLID INVESTMENT

  • Manufactured homes have been shown to provide the same appreciation and wealth-building attributes
    as site-built homes, but at a much more affordable price.
  • A recent study by Lending Tree showed that the median value of manufactured homes appreciated
    similarly to site-built homes over a five-year period (from 2016 to 2021).

HIGHLY RECOMMENDED

  • 85% of new manufactured homebuyers are satisfied/very satisfied with their home and 72% would
    recommend living in a manufactured home to others. Residents value homeownership and the affordability
    of manufactured homes.
  • The top five features that drive purchasing decision are affordability (70%), energy efficiency (53%),
    additional space (49%), stand-alone homes (46%), and outdoor space (45%).