The average sale price for a new mobile home — also called a manufactured home — is $125,200, according to September 2024 data from the U.S. Census Bureau. Prices vary by the type of home: For example ...

If you’re considering downsizing your home, or just exploring alternative living situations, a mobile home might be a good option for you. But a mobile home isn’t exactly like other types of houses.

A chattel mortgage is a loan used to buy movable property, like manufactured and mobile homes, rather than fixed real estate.

If you own your current home and are hoping to purchase a new one, timing the swap can be tricky. Ideally, closing on your new home would dovetail perfectly with the sale of your old home. But things ...