December JLT Reports for mobile home rent comps in Ohio, Pennsylvania, and Tennessee are available now for purchase, including immediate download through Datacomp, the national leader in manufactured home valuation and community data.
JLT Market Reports provide detailed research and information on communities in 186 housing markets throughout the United States. These include the latest rent trends and statistics, marketing programs, and a variety of other useful management insights.
Datacomp maintains and provides the JLT Market Reports and is the nation’s #1 provider of market data for the manufactured housing industry. JLT Market Reports are recognized as the industry standard for manufactured home community market analysis.
The December 2020 manufactured housing market data published in JLT Market Reports for Ohio, Pennsylvania, and Tennessee include information from 13 markets on 347 “All ages” and “55+” manufactured home communities.
Altogether, the reports from the three states’ manufactured home communities include data representations for 67,531 homesites.
Regional Trends in Manufactured Housing Community Rent, Occupancy
- Midwest region manufactured home communities show a year-over-year 3.3% increase in average adjusted rent and a 1.5% increase in occupancy rate.
- Northeast region manufactured home communities show a year-over-year 2.8.#% increase in average adjusted rent and a 0.2% increase in occupancy rate.
- Southern region manufactured home communities show a year-over-year 4.5% increase in average adjusted rent and a 0.8% increase in occupancy rate.
“Manufactured housing community occupancy, as well as average rents, continue to show growth in most of the 13 markets represented in the December 2020 publications,” Datacomp Co-President and Chief Business Development Officer Darren Krolewski said. “We see one major market that showed among 55+ communities a decrease in average rent and occupancy.”
What’s in JLT Market Reports?
Each JLT manufactured home community rent and occupancy report from Datacomp has detailed information about investment grade communities in the major markets. The detailed information includes:
- Number of homesites
- Occupancy rates
- Average community rents, and increases
- Community amenities
- Vacant lots
- Repossessed and inventory homes, and much more
JLT Market Reports also include management insights that rank communities by the number of homesites, occupancy rates, and highest to lowest rents. Established reports show trends in each market with a comparison of December 2020 rents and occupancy rates to December 2019, as well as a historical recap of rents and occupancy from 1996 to the present date in most markets.
The December 2020 JLT Market Reports for Ohio, Pennsylvania, and Tennessee manufactured home communities are available for purchase and immediate download online at the Datacomp JLT Market Report website, or they may be ordered by phone in electronic or printed editions at (800) 588-5426.
Each fully updated report for mobile home communities is a comprehensive look at investment grade properties within a market, enabling owners and managers, lenders, appraisers, brokers, and other organizations to effectively benchmark those communities and make informed business decisions.