Manufactured Homes: The Market Facts
2002 Report
Manufactured Home Information
and
Purchasing and Financing Facts
By
now we have a pretty well-rounded picture of the people who own or live
in manufactured homes, so now let's look at some information about the
homes themselves: How old are they? What are they worth? How are they
constructed? We'll also review some information about how the homes were
purchased and how they're financed.
Here's a quick overview of the information in this section:
- The median year of the homes owned by the people surveyed
is 1985. The median market value is $20,000.
- The most popular way to buy a home is new from a dealer
- 41% of people surveyed bought their home that way.
- Thirty-six percent are currently financing their mobile
home - that's down from 39% in 1999.
- Thirty-six percent are multi-section homes.
- Aluminum is still the most common exterior siding,
although vinyl is up to 28%.
- Forty-nine percent of surveyed homeowners have their
homes on their own private property. Thirty-three percent are in a park
and do not own their lot.
> For details:
Charts for Manufactured Home Information and Purchasing and Financing
Facts
> Next: Methodology,
Weighting the Results and Limitation