MARKET PULSE: Mobile Home Prices Up, Sales Slip

Don Fenley 

Tri-Cities mobile home sales are holding their own in 2025. Through September, 401 units closed, 3% fewer than the 414 closings during the same period in 2024.

The median sale price climbed to $210,000, up 5%, and the average pushed to $211,582 – a $8,500 gain from last year.

That modest price rise amid a near-flat sales count is the definition of steady demand.

Buyers continue to chase affordability, but replacement-cost pressures and limited listings keep values from slipping.

So far, the market is on pace to end just below last year’s sales volume but above it in price.

Short-term headwinds (rate lock-in, credit tightening) will probably moderate turnover, but long-term affordability fundamentals remain solid, particularly in Greene and Washington counties where land access, zoning flexibility, and infrastructure favor continued absorption.

September snapshot

48 sales region-wide | Median Price $215,000

Sales were evenly distributed across the region, with Greene (16) and Washington (14) counties anchoring the month’s total.

  • Greene County’s median came in at $224,950, a close mirror of its 2025 YTD median.
  • Washington posted the month’s highest median at $235,600, signaling continued upward momentum for newer-model units and improved land packages.
  • Sullivan (9 sales, median $175,000) and Hawkins (4 sales, median $233,500) rounded out the active counties.

While September sales volume dipped slightly compared with midsummer levels, pricing stability shows that demand is firm even as buyers absorb higher financing costs.

Year-to-Date 2025

So far this year, Greene Co. has led the region’s market with 124 sales and a median price of $231,700. It has a year-to-date growth rate of 7.8%

 Washington Co. followed with 84 transactions and a median price of $215,000. It had the most robust growth, up 20%.

Sullivan Co. ranked third with 72 sales, unchanged from last year. The median price is $199,950

Hawkins Co. recorded 48 closings, down 32%, and a median price near $215,000. It was one of the few counties where the average edged above the median, suggesting some higher-end activity.

Carter and Johnson Counties softened slightly in transactions but registered notable price stability.

Carter Co. had 40 sales, and a median price of $174,950.

 Johnson Co. had 19 sales with a median price of $180,000.

Rounding out the list, Unicoi Co. saw 14 sales at a median price of $175,750. It is one of the region’s most stable mid-range markets.

NETAR is the voice for real estate in Northeast Tennessee. It is the largest trade association in the Northeast Tennessee, Southwest Virginia region, representing over 1,800+ members and 100+ business partners involved in all aspects of the residential and commercial real estate industries. Weekly market reports and information for both consumers and members are available on the NETAR website at https://netar.us