Manchester, MI

Buyer's market+2.1% YoY

Housing market overview · Updated weekly

$345,000median sale price

Homes sold

2

Last 12 weeks

Days on market

155

Average pace

Active listings

13

6.5 months supply

Sale-to-list

97.5%

Below asking

The Manchester housing market is currently classified as a buyer's market with a median sale price of $345,000. Prices have risen 2.1% compared to last year, with homes spending an average of 155 days on market, indicating 6.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Manchester

There are currently 13 homes listed for sale in Manchester, Michigan. The median listing price is $400K.

Active listings

13

Homes on market

Median list price

$400K

Avg. days on market

155

Days until sale

New this week

5

Newly listed

Price drops:23.1%of listings
Sale-to-list:97.5%

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Frequently asked questions

What is the average home price in Manchester?

The median home sale price in Manchester is $345,000, up 2.1% from last year.

How long do homes stay on market in Manchester?

Homes typically spend 155 days on market before going under contract.

Is Manchester a buyer's or seller's market?

With 6.5 months of supply, Manchester is currently a buyer's market.

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