Mobile Home Values Rising Nearly As Fast As Single-Family Homes

BY  ON OCTOBER 19, 2022

A new report form LendingTree found that while mobile homes are generally far less expensive than their single-family counterparts, their values appreciated as quickly as single-family homes. Click here to read more.

They got their conclusion by analyzing data from the 2021 American Community Survey in which they compared the median value of mobile homes and single-family homes in each of the nation’s states (except Hawaii) from 2016-2021.

Some key findings:

  • The median value of a mobile home nationally is $61,400, $220,000 less than the median value of a single-family home.
  • Mobile homes cost the least in Kansas, Ohio and Iowa.
  • Mobile homes cost the most in Washington, Nevada, Oregon and California.
  • The difference in price between mobile and single-family homes is the largest in California, Colorado and Massachusetts.

Click here to read the full report at LendingTree.

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  • Hamza Ashfaq
    published this page in Updates 2022-11-20 03:18:26 -0700