BY BRAD BECKETT ON DECEMBER 15, 2021
Lending Tree says that high home prices have many Americans looking to alternatives to the traditional single-family home such as mobile homes. However, to fully understand the issue, they crunched the numbers to find out if mobile homes are actually less expensive than single-family homes, and do they appreciate the same way. Click here to read more.
They looked at U.S. Census Bureau data to compare the median price of mobile homes and single-family homes across the nation (except Hawaii). They found tha tmobile homes are generally far less expensive than single-family homes, but the median value of mobile homes increased more quickly in 27 states than the median value of single-family homes over the same five-year period.