
Article | Home Buying
The manufactured home has a rich history of change, yet it has endured to create an affordable housing option throughout the years. Explore the path these functional homes have taken to become what they are today!
Manufactured homes are one of the most evolved, versatile, and enduring home options. While it’s hard to pinpoint the first manufactured home –these homes have been enjoyed for over 100 years. The first prototypes are estimated to have come about in the early 1900s with build your own home kits. Then shortly after, pull behind trailers that hooked up to cars for leisure and travel were the popular pick. Now these incredible homes can be found with attached garages, on permanent foundations with front porches, and up to triple sections in size.
2024: A pivotal year in manufactured housing. The Federal Housing Finance Agency (FHFA) releases its first-ever House Price Index for Manufactured Homes. The data confirms what many in the industry already know: modern manufactured home properties appreciate year over year, and since 2020, have kept pace with site-built homes.
In Q1 2024, the appreciation rate was 6.6% for manufactured homes vs. 6.8% for site-built homes, confirming real equity growth across the full property—home and land included. Also in 2024, the push for energy-efficient housing reaches new heights. Clayton, a leading single-family home builder, introduces its new eBuilt® manufactured homes. These homes are constructed to meet the DOE Zero Energy Ready Home™ standard and are designed to significantly reduce energy use and monthly utility costs.
For example, in the Harvest Meadow neighborhood, in Louisville, TN:
These modern features not only reduce the “hidden mortgage”—the ongoing cost of living in a home but also create more opportunities for families to build wealth through long-term savings and appreciation.
We hope you have enjoyed this history and that it helps you learn about and celebrate this housing option. Keep reading with us and bust some myths about manufactured homes.
*ENERGY STAR® and the ENERGY STAR® mark are registered trademarks owned by the U.S. Environmental Protection Agency.
Article | Home Buying
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