A large percentage of affordable housing in the U.S. consists of mobile and manufactured homes. On owned land, manufactured homes are more likely to appreciate similarly to traditional homes. Some parks have age restrictions, often 55+, creating communities specifically for older adults. Some mobile home park residents face rent increases on their lot, which can impact affordability.
Some manufacturers offer land-home packages, bundling land purchase with the home for easier financing. Many modular homes qualify for green certifications due to sustainable building practices. Manufactured homes offer an affordable entry point for first-time homeowners. Modular home businesses often control their supply chain, reducing material shortages.
Many modular businesses focus on sustainability, modern design, and speed in their marketing campaigns. Manufactured homes are popular in retirement communities, particularly in warm states. Mobile homes may be taxed as personal property rather than real estate unless on a permanent foundation. Since they’re built indoors, modular homes are unaffected by weather delays. Newer manufactured homes often feature open floor plans, kitchen islands, and spacious master suites.