Here’s some recent news and insights about mobile homes in Florida in 2024:
Demand:
Demand for manufactured homes is expected to increase in 2024, with some experts predicting a surge. This is due to more young people looking to buy homes, and the general trend of growth in the number of shipments.
Prices
The median sale price for manufactured homes in Florida increased from $160,000 in March 2023 to $175,000 in March 2024, a 9.4% increase. This suggests that while sales may decline, the value of the properties remains strong.
Mobile home parks
Mobile home parks have shown resilience despite broader housing market challenges. Average prices per property and per space have increased, but transaction volumes have slightly decreased.
Manufactured housing as an affordable housing option
Manufactured homes offer a great value for quality, often priced up to 50% lower per square foot than traditional site-built homes.