Manchester, MN is a great place to purchase a home with its median value of $62,700. It's much lower than the US house median value of $338,100 which makes it more affordable for many potential buyers. The 1 year house appreciation in Manchester is 11.33%, higher than the average US 1 year appreciation 8.27%. This shows that the housing market in Manchester is an attractive investment option for those looking to get into their first home or expand their real estate portfolio.
The median home cost in Manchester is $62,700. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Manchester is up 11.6%.
Average Age of Homes
- The median age of Manchester real estate is 78 years old
The Rental Market in Manchester
- Renters make up 10.7% of the Manchester population
- 0.0% of houses and apartments in Manchester, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.