The Future Of Manufactured Homes is Looking Bright Despite Last Quarter 2022 Results

Overall, the future of manufactured homes is looking bright as the industry continues to evolve and innovate in response to changing consumer needs and preferences despite economic uncertainties of a struggling economy.

According to the Manufactured Housing Institute (MHI) Monthly Economic Reports, manufactured housing HUD Code home  shipments decreased in October, November and December 2022.

Despite the decreases in the last quarter of 2022, the cumulative number of shipments for 2022 totaled 112,865 homes compared with 105,775 homes for 2021, a net increase of 6.7 percent. 

Despite all the economic headwinds, supply and workforce issues, the shipment/production of manufactured homes in 2022 was the largest increase in over 15 years.

In December 2022, 6,411 new manufactured homes were shipped, a decrease of 1,587 homes or 19.8 percent compared to November 2022, and a decrease of 1,619 homes or 20.2 percent compared to December 2021. Compared with the same month last year, shipments of both single-section and multisection homes were down, by 15.0 percent and 24.1 percent, respectively. Total floors shipped in December 2022 were 9,909, a decrease of 2,747 floors or 21.7 percent compared with the same month last year.

      Top Ten Manufactured Home Shipment States

According to The Manufactured Housing Association for Regulatory Reform (MHARR), a further analysis of the official industry statistics show that the top10 shipment states from the beginning of the industry rebound in August 2011 through December 2022 – with cumulative, monthly, current year (2022) and prior year (2021) shipments per category as indicated–are:

State                 Cumulative          (Dec 2022)              2022         2021             

1. Texas                157,325             1,081               19,865       18,478
2. Florida                  59,728                   567                 8,967         7,601
3. Louisiana             50,954                   207                 4,586         5,623
4. N.C.                       42,060                   381                 6,213         6,129
5. Alabama               41,899                   386                 7,312         5,153 
6. Michigan               32,972                  269                 4,968         4,037                
7. Mississippi           32,422                  142                 3,535         4,415 
8. California              31,691                  306                 4,022         3,344
9. Kentucky              29,576                   190                3,627         3,884
10. Tennessee            26,257                   157                3,485         3,643

The December 2022 data does not result in any changes to the cumulative top-ten list.

The data is for HUD Code manufactured homes only, does not include modular homes also produced by HUD Code manufacturers.