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Sarah Mitchell

CNESRESABR

Compass Real Estate · Manheim, PA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Manheim, PA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Manheim, PA Housing Market

Strong seller's market+7.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $315,000, +7.5% year over year (through May 2026). With 1.3 months of supply and homes going under contract in about 7 days, Manheim is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $315,000 home is about $1,682/mo in principal and interest.

Key numbers for Manheim, PA

Typical asking rent

$1,843/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$315,000

+7.5% year over year

Redfin, through May 2026

Days on market

7

Fast-moving

Redfin, through May 2026

Active listings

4

1.3 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$81,484

Home costs 3.9x income

U.S. Census ACS, 2023

Sale-to-list ratio

102.1%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

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

Strong seller's market1.3 months of supply7 days on market102.1% of asking

Manheim, PA is a strong seller's market, based on 1.3 months of supply and homes selling in about 7 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Manheim housing market data show?

Every row below is Redfin's final published month for Manheim, PA. Redfin, through May 2026

Housing market statistics for Manheim, PA, Redfin through May 2026
MetricValue
Median sale price$315,000
Median list price$339,900
Year-over-year price change+7.5%
Median price per sq ft$231/sq ft
Median days on market7 days
Active inventory4 listings
Months of supply1.3 months
Sale-to-list price ratio102.1%
Homes sold (that month)3
New listings (that month)8
Listings with a price cut25.0%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Manheim is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Manheim is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Manheim home prices moved?

Over the last three years the median sale price in Manheim, PA rose 15.2%, from $273,500 to $315,000. 25.0% of Manheim listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.3 months while the sale-to-list ratio slips below its current 102.1%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Manheim?

Priced off the median sale price of $315,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Manheim, PA
Down paymentCash at closeLoan amountMonthly P&I
20%$63,000$252,000$1,682/mo
5%$15,750$299,250$1,997/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,682, that implies roughly $72,070 a year before you add taxes and insurance. The median household in Manheim earns $81,484, about $9,414 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.9x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Manheim in the next 12 months?

Tell us your timeline. We send the Manheim market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Manheim?

Zillow does not publish a rent index (ZORI) for Manheim, PA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Manheim?

Active listings in Manheim, PA went from 1 in May 2025 to 4 in May 2026, a +300.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Manheim, PA
MonthActive listingsNew listings
June 202558
July 202575
August 20251312
September 2025126
October 2025127
November 20251413
December 202563
January 202686
February 202652
March 202675
April 202674
May 202648

Redfin, through May 2026

How does Manheim compare to Pennsylvania and the U.S.?

Manheim homes sell for $315,000 — 5% below the Pennsylvania median of $330,200. Against the national median of $410,700, Manheim runs 23% lower. Year-over-year, Manheim moved +7.5% against Pennsylvania's +5.3% — a bigger swing than the state as a whole.

Manheim, PA compared with Pennsylvania and the United States
MarketMedian sale priceYoYDays on market
Manheim, PA$315,000+7.5%7 days
Pennsylvania statewide$330,200+5.3%30 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Manheim

What buyers should watch

  • Months of supply, currently 1.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 25.0%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $315 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $315,000 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Manheim listing goes under contract in 7 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 102.1% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Manheim added 8 new listings against 3 sales — more competition arriving than clearing, so early timing matters.
  • Comparable ZIP-level pricing inside Manheim varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Manheim

There are currently 4 homes listed for sale in Manheim, Pennsylvania. The median listing price is $340K.

Active listings

4

Homes on market

Median list price

$340K

Avg. days on market

7

Days until sale

New this week

8

Newly listed

Price drops:25.0%of listings
Sale-to-list:102.1%

How much do homes cost in Manheim by property type?

How the Manheim, PA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Manheim, PA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$315,000$231/sq ft37 days
Townhouse$200,000$161/sq ft341 days

Who lives in Manheim?

American Community Survey estimates for Manheim. U.S. Census ACS, 2023

Population

5,028

Households

1,921

Median income

$81,484/yr

Median age

33 years

Owner-occupied

75.2%

Median home value

$218,100

Median gross rent

$1,324/mo

Mean commute

24.2 min

75.2% of occupied homes in Manheim are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. Census median gross rent (all leases, including long-held ones) is $1,324/mo, below Zillow's $1,843/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Manheim?

4 schools tracked · 2,719 students

The largest public schools serving Manheim, PA 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.

Manheim Central SHS

Grades 9-12 · 880 students

Public

Manheim Central MS

Grades 5-8 · 835 students

Public

Doe Run El Sch

Grades K-4 · 640 students

Public

Baron EL Sch

Grades PK-4 · 364 students

Public

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 Manheim, PA?

Ordered by distance from Manheim, not by size. Compare Manheim side by side with any of them.

Manheim housing market FAQ

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

Manheim, PA is currently a strong seller's market. That read comes from 1.3 months of supply, homes going under contract in about 7 days, and sellers getting 102.1% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Manheim?

The median sale price in the last month Redfin published was $315,000, about $231 per square foot.

Is Manheim cheaper than the rest of Pennsylvania?

Manheim's median sale price of $315,000 is 5% lower than the Pennsylvania statewide median of $330,200, and 23% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Manheim?

Homes in Manheim, PA spent a median of 7 days on market before going under contract, versus 30 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)

What income do you need to buy a home in Manheim?

At the current 30-year fixed rate of 7.03%, 20% down on a $315,000 home is about $1,682 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $72,070 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $81,484.

Are home prices rising in Manheim?

Redfin's last published year-over-year change for Manheim, PA was +7.5%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Manheim?

Manheim ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Manheim?

That depends on your timeline, not on a headline. What the data says today: Manheim, PA is a strong seller's market with 1.3 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.