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Featured local agent — Manchester, CT
Sarah Mitchell
Compass Real Estate · Manchester, CT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Manchester, CT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$299,900median sale price
How is the Manchester, CT housing market right now?
The median home sale price in Manchester, CT is $299,900, down 0.0% year-over-year. Homes sell in an average of 9 days with 47 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Manchester a buyer's or seller's market?
Manchester, CT is currently a strong seller's market, based on 1.9 months of supply and homes selling in about 9 days. How we determine this →
Homes sold
25
Last 12 weeks
Days on market
9
Fast-moving
Active listings
47
1.9 months supply
Sale-to-list
105.2%
Above asking
What does the Manchester housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $299,900 |
| Median list price | $320,000 |
| Year-over-year price change | -0.0% |
| Average days on market | 9 days |
| Active inventory | 47 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 105.2% |
| Median price per sq ft | $209/sq ft |
| Homes sold (latest month) | 25 |
| New listings (latest month) | 41 |
| Listings with a price cut | 12.8% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Manchester by property type?
How the Manchester, CT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $321,500 | $232/sq ft | 14 | 12 days |
| Condo / Co-op | $147,500 | $185/sq ft | 9 | 9 days |
Source: Redfin · Updated monthly
The Manchester housing market is currently classified as a strong seller's market with a median sale price of $299,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 9 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.4x provides context for how home values compare to local earning capacity.
Homes for sale in Manchester
There are currently 47 homes listed for sale in Manchester, Connecticut. The median listing price is $320K.
Active listings
47
Homes on market
Median list price
$320K
Avg. days on market
9
Days until sale
New this week
41
Newly listed
Who lives in Manchester?
Population
36,561
Median income
$76,780/yr
Median age
37 years
Owner-occupied
55.3%
College grads
31.8%
Avg commute
22 min
Source: U.S. Census Bureau ACS
What are homes worth in Manchester?
Zillow home value
$338,091
Zillow rent index
$2,001/mo
Price-to-rent ratio
14.1x
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in Manchester?
Manchester is a community of approximately 37K residents with a median age of 37 years.The median household income is $76,780, which reflects a relatively affluent area with strong earning potential. 31.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 55.3%, showing a blend of owner and renter-occupied properties. The average commute time is 22 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Manchester offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Manchester?
13 schools tracked · 7,125 students
The largest public schools serving Manchester, CT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Manchester High School
Grades 9-12 · 1,739 students
Elisabeth M. Bennet Academy
Grades 5-6 · 849 students
Illing Middle School
Grades 7-8 · 790 students
Howell Cheney Technical High School
Grades 9-12 · 669 students
Waddell School
Grades K-4 · 509 students
Verplanck School
Grades K-4 · 453 students
Odyssey Community School
Grades PK-8 · 370 students
Highland Park School
Grades K-4 · 329 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Manchester, CT?
Want a head-to-head view? Compare Manchester side-by-side with any other U.S. city using our market-comparison tool.
Is Manchester a good real estate investment market?
For investors evaluating Manchester, the price-to-rent ratio of 14.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 0.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Manchester's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Manchester's median home price.
Frequently asked questions
What is the average home price in Manchester?
The median home sale price in Manchester is $299,900, down 0.0% from last year.
How long do homes stay on market in Manchester?
Homes typically spend 9 days on market before going under contract.
What is the median income in Manchester?
The median household income is $76,780 per year.
Is Manchester a buyer's or seller's market?
With 1.9 months of supply, Manchester is currently a strong seller's market.
What is the Zillow home value estimate for Manchester?
The Zillow Home Value Index (ZHVI) for Manchester is $338,091, representing the typical home value in the area.
What is the median condo price in Manchester?
The median condo/co-op sale price in Manchester, CT is $147,500, compared to $321,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Manchester?
The median single-family home price in Manchester, CT is $321,500 (about $232 per square foot).
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