Manchester, VT—05255
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Manchester, VT
As of Oct '25, the median home price in Manchester, VT is $581,000, with a year-over-year change of -2.0%. This indicates that home prices in Manchester, VT are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $581,000 | -2.0% |
| Single Family | $604,000 | -2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Manchester, VT
As of July '25, Rentcast reports the average rent in Manchester, VT is $3,940, with a year-over-year rent change of -22.1%. Per bedroom, the median rent as of July '25 in Manchester, VT is 1-bedrooms: $1,200, 2-bedrooms: $3,160, 3-bedrooms: $4,020, 4-bedrooms: $6,380. The most common rental property sizes in Manchester, VT are 1-bedroom and 2-bedroom, accounting for 40.5% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,940 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,200 |
| 2 Bed Rent | $3,000 | $3,160 |
| 3 Bed Rent | $4,200 | $4,020 |
| 4 Bed Rent | $3,750 | $6,380 |
% of Rental Stock
Property Listings — Manchester, VT
As of Oct '25, Realtor.com reports that the median days on market for a home in Manchester, VT is 103. This is a increase of 55.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $804,000 | 28.0% |
Listing Count | 44 | 34.0% |
| Listings as % of Homes | 0.6% | 34.0% |
Days on Market | 103 | 55.0% |
Demographics — Manchester, VT
As of the latest ACS Survey released in 2023, Manchester, VT has a population of 4,090, which has increased by 1.6% over the past 5 years. Manchester, VT is a moderately popular place for families, as children make up 20.9% of the population. The area has a highly educated workforce, with 45.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,090 | 1.6% |
% Under 18 | 20.9% | 1.0% |
% Seniors | 26.0% | -2.6% |
% WFH | 16.2% | 65.3% |
% w/ College Degree | 45.3% | 11.0% |
As of the latest ACS Survey released in 2023, Manchester, VT is a predominantly white area, with 95.4% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Manchester, VT is hispanic, making up 1.6% of the population. Foreign-born residents account for 1.3% of the population in Manchester, VT, and this percentage has decreased by 61.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.4% | -1.6% |
% Black | 0.7% | 16.7% |
% Hispanic | 1.6% | ∞% |
% Asian | 0.2% | -80.0% |
% Foreign Born | 1.3% | -61.8% |
Mortgage and Risk — Manchester, VT
According to HUD data as of 2023, there were 62 mortgage originations in Manchester, VT, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Manchester, VT. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 62 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 2.0% |
% Second Loans | 18.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Manchester, VT
Manchester, VT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 101 |
Total Units Section 8 | 101 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,200 | $980 |
| 2 Bedroom | -$1,880 | $3,000 | $1,120 |
| 3 Bedroom | -$2,640 | $4,200 | $1,560 |
| 4 Bedroom | -$1,930 | $3,750 | $1,820 |
Affordability — Manchester, VT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $581,000 |
| Median Household Income | $97,000 |