Manchester, OH is an attractive and prosperous city for prospective homeowners. The median value of housing in Manchester is $113,400 which is significantly lower than the US median housing value of $338,100. This makes it an affordable option for people who may not be able to afford the more expensive housing in other areas of the country. Another attractive aspect of buying a home in Manchester is that over the past year, appreciation has been higher than the national average at 13.22%. This means that those who invest in a home in Manchester are likely to see a return on their investment relatively quickly.
The median home cost in Manchester is $113,400. Home appreciation the last 10 years has been 84.0%. Home Appreciation in Manchester is up 15.4%.
Average Age of Homes
- The median age of Manchester real estate is 51 years old
The Rental Market in Manchester
- Renters make up 34.6% of the Manchester population
- 3.9% 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.