Manchester, CT is a great place to live. The median house value in Manchester is $267,700, which is lower than the U.S. median house value of $338,100. It also has an impressive 1-year house appreciation rate of 9.34%, compared to the U.S.'s 1-year house appreciation rate of 8.27%. This means that housing values in Manchester are rising faster than the national average, making it an attractive place to invest in real estate. With its low median home value and high appreciation rate, Manchester is a great place for potential homeowners and investors alike.
The median home cost in Manchester (zip 06040) is $267,700. Home appreciation the last 10 years has been 44.2%. Home Appreciation in Manchester (zip 06040) is up 14.1%.
Average Age of Homes
- The median age of Manchester (zip 06040) real estate is 60 years old
The Rental Market in Manchester (zip 06040)
- Renters make up 42.1% of the Manchester (zip 06040) population
- 1.1% of houses and apartments in Manchester (zip 06040), 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.