Nationwide, the Market Share of Offsite Construction Remains Stagnant in 2024
In the world of residential construction, offsite methods have been making a significant impact, albeit slowly. Once dominated by panelized construction, the offsite market share for multifamily homes saw a decline from 7% in 2023 to just 3% in 2024, a trend that has been ongoing since the early-2000s.
The total market share for offsite construction in 2024 was similarly low, accounting for only 3% of both single-family and multifamily homes. However, this doesn't necessarily reflect the industry's potential for growth.
Regional data shows varied adoption of offsite construction methods. In 2024, the South led the way with 13,000 homes completed using offsite construction, followed by the Midwest with 7% of homes built using modular or panelized methods, and the Northeast with 5%.
The residential construction sector, in need of an increase in productivity, is looking to offsite construction as a potential solution. The National Association of Home Builders (NAHB) has been at the forefront of this movement, providing resources such as the Homebuilders Guide to Offsite Construction and the Offsite Construction Video Series.
The Homebuilders Guide offers an overview of the offsite construction industry and various building systems, while the Offsite Construction Video Series explores essential topics in modular, panelized, concrete, and log and timber frame housing. The series features leaders of the system-built construction industry and is available to NAHB members.
The benefits of offsite construction systems are numerous and are detailed in the Homebuilders Guide. These include reduced construction time, improved quality control, and the potential for increased productivity in the residential construction sector.
Looking ahead, the modular construction market in the US is expected to grow significantly, reaching an estimated value of $31.32 billion by 2032, driven by increasing adoption in sectors like hospitality. While the specific current market share of offsite construction in each region of the United States in 2025 is not explicitly detailed, the trend towards offsite construction is clear.
NAHB's Homebuilders Guide to Offsite Construction also provides insight into how builders can incorporate offsite construction into their business. For those interested in learning more, additional information can be found on Eye On Housing. As the offsite construction sector continues to evolve, it's clear that it has the potential to gain momentum in the residential construction sector, offering benefits to builders and homeowners alike.
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