FreddieMac.com
Skip to content
July 19, 2017

Welcome to Your New Luxury (Manufactured) Home

Homeownership

State of–the–art kitchens. Glass–enclosed showers. Open–concept floor plans.

Porch with outdoor fireplace - Southern Energy from Clayton Homes

Image from claytonhomes.com

If you haven't seen the newest crop of manufactured homes, you're in for a surprise. They feature high–end designs and luxury finishes that make them much more like site–built homes than the ones sold 30 years ago.

Not only do the homes themselves feature dramatic improvements in quality but the communities in which they sit have also undergone makeovers. Some manufactured housing communities even offer amenities such as a pool, clubhouse and picnic area.

Manufactured homes are a housing option that's growing in importance due to the low inventory of site–built homes for sale and the ever–increasing prices of those homes. The average price of a new manufactured home is $71,600, while the average price of a new, single–family, site–built home is $372,900 in the U.S., according to the U.S. Census Bureau.

See examples of new manufactured homes at the Manufactured Housing Institute.

  • Feedback

    Have a comment or question about this post? Email us to let us know what's on your mind.

    Maximum of 250 characters.