Manufactured Home Community Homesite Values Rise Through Plains, Mid Atlantic

JLT Market Reports Homesite Values Increase Iowa Neb SC Va

June 2022 JLT Reports, published by Datacomp, for mobile home rent comps, occupancy, and other vital data from Iowa, Nebraska, South Carolina, and Virginia shows continued steady growth in value for manufactured home community homesites.

JLT Market Reports provide detailed research and information on communities in 186 major 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 publishes 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.

June 2022 manufactured housing market data published in JLT Market Reports for Iowa, Nebraska, South Carolina, and Virginia include information on 163 “All ages” and “55+” manufactured home communities.

Altogether, the reports from Iowa, Nebraska, South Carolina, and Virginia manufactured home communities include data representations for 27,777 homesites.

Regional Trends in Manufactured Housing Community Rent and Occupancy
  • Midwest region manufactured home communities show a year-over-year 1.1% increase in occupancy and a 4.9% increase in adjusted rents.
  • Northeast region manufactured home communities show a year-over-year 0.4% increase in occupancy and a 3.5% increase in adjusted rent.
  • South region manufactured home communities show a year-over-year 0.7% increase in occupancy and a 4.1% increase in adjusted rent.

“June JLT Market Reports for manufactured home communities in Iowa, Nebraska, South Carolina, and Virginia show that the demand for affordable housing has remained high, with only a single market across the four states showing a decrease in occupancy compared year over year,” Datacomp Co-President and Chief Business Development Officer Darren Krolewski said. “As you would suspect, manufactured home community lot rents increased across the board, including double-digit increases in two markets.”

More About 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 number of homesites, occupancy rates, and highest to lowest rents. Established reports show trends in each market with a comparison of June 2022 rents and occupancy rates to June 2021, as well as a historical recap of rents and occupancy from 1996 to the present date in most markets.

The June 2022 JLT Market Reports for manufactured home communities in Iowa, Nebraska, South Carolina, and Virginia 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.

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