Looking to save money on building a home? An economical option is to consider modular home prices, which range from $180,000 to $360,000, with the national average at $270,000.

The price of new mobile homes rose by a staggering 58.34% between 2018 and 2023, outpacing the 37.66% growth seen in site-built, single-family homes during the same period.

Manufactured housing prices saw a sharp increase between 2018 and 2023, but they remain more affordable than site-built homes.