Zip 06042 (Manchester, CT) Housing

The housing market in 06042 Manchester, CT is thriving with a median value of $253,000. This is significantly below the US House Median Value of $338,100, however the 1 year appreciation rate for homes in this area is actually higher than the national average at 9.34%. This indicates that prices are rising quickly and could be a great opportunity to invest in property in Manchester.

The median home cost in Manchester (zip 06042) is $253,000. Home appreciation the last 10 years has been 44.2%. Home Appreciation in Manchester (zip 06042) is up 14.1%.

Average Age of Homes

- The median age of Manchester (zip 06042) real estate is 46 years old

The Rental Market in Manchester (zip 06042)

- Renters make up 41.3% of the Manchester (zip 06042) population
- 3.3% of houses and apartments in Manchester (zip 06042), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Manchester, Connecticut	United States
	10,784.0	139,647,020.0
	45	42
	$253,000	$338,100
	14.1%	16.6%
	42.1%	57.0%
	44.2%	101.1%
	$25.72	$10.98
	$4,697	$2,690
	52.6%	57.4%
	6.1%	11.2%
	41.3%	31.4%
Vacant Housing
	3.3%	1.9%
	1.0%	0.4%
	0.0%	0.7%
	0.5%	0.4%
	0.0%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	1.5%	2.4%
	1.3%	2.8%
	1.2%	3.9%
	1.9%	4.5%
	17.6%	11.3%
	36.8%	13.0%
	31.1%	20.1%
	5.3%	13.6%
	1.0%	8.3%
	0.6%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.9%	13.6%
	9.9%	13.6%
	14.9%	13.6%
	13.6%	13.2%
	13.6%	14.8%
	14.9%	13.6%
	14.7%	10.0%
	9.6%	4.7%
	10.1%	12.2%

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