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Featured local agent — North Manchester, IN
Sarah Mitchell
Compass Real Estate · North Manchester, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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North Manchester, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$165,000median sale price
How is the North Manchester, IN housing market right now?
The median home sale price in North Manchester, IN is $165,000, down 21.0% year-over-year. Homes sell in an average of 44 days with 18 active listings. The market is currently a 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 North Manchester a buyer's or seller's market?
North Manchester, IN is currently a seller's market, based on 2.0 months of supply and homes selling in about 44 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
44
Average pace
Active listings
18
2.0 months supply
Sale-to-list
97.4%
Below asking
What does the North Manchester housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $165,000 |
| Median list price | $182,000 |
| Year-over-year price change | -21.0% |
| Average days on market | 44 days |
| Active inventory | 18 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 97.4% |
| Median price per sq ft | $125/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 10 |
| Listings with a price cut | 16.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in North Manchester by property type?
How the North Manchester, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $165,000 | $103/sq ft | 5 | 61 days |
| Condo / Co-op | $265,000 | $195/sq ft | 4 | 26 days |
Source: Redfin · Updated monthly
The North Manchester housing market is currently classified as a seller's market with a median sale price of $165,000. Prices have fallen 21.0% compared to last year, with homes spending an average of 44 days on market, indicating 2.0 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 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in North Manchester
There are currently 18 homes listed for sale in North Manchester, Indiana. The median listing price is $182K.
Active listings
18
Homes on market
Median list price
$182K
Avg. days on market
44
Days until sale
New this week
10
Newly listed
Who lives in North Manchester?
Population
4,904
Median income
$63,438/yr
Median age
40.5 years
Owner-occupied
80.6%
College grads
23.2%
Avg commute
22.1 min
Source: U.S. Census Bureau ACS
What are homes worth in North Manchester?
Zillow home value
$207,546
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in North Manchester?
North Manchester is a community of approximately 5K residents with a median age of 40.5 years.The median household income is $63,438, which represents a working-class community with solid middle-income opportunities. 23.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, North Manchester offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near North Manchester, IN?
Want a head-to-head view? Compare North Manchester side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in North Manchester?
The median home sale price in North Manchester is $165,000, down 21.0% from last year.
How long do homes stay on market in North Manchester?
Homes typically spend 44 days on market before going under contract.
What is the median income in North Manchester?
The median household income is $63,438 per year.
Is North Manchester a buyer's or seller's market?
With 2.0 months of supply, North Manchester is currently a seller's market.
What is the Zillow home value estimate for North Manchester?
The Zillow Home Value Index (ZHVI) for North Manchester is $207,546, representing the typical home value in the area.
What is the median condo price in North Manchester?
The median condo/co-op sale price in North Manchester, IN is $265,000, compared to $165,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in North Manchester?
The median single-family home price in North Manchester, IN is $165,000 (about $103 per square foot).
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