Manchester, PA—17345
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Manchester, PA
As of Oct '25, the median home price in Manchester, PA is $272,000, with a year-over-year change of 5.6%. This indicates that home prices in Manchester, PA are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $272,000 | 5.6% |
| Single Family | $275,000 | 5.4% |
| Condos | $203,000 | 7.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $200,000 | 6.4% |
3 Bed | $263,000 | 6.0% |
4 Bed | $411,000 | 4.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Manchester, PA
As of July '25, Rentcast reports the average rent in Manchester, PA is $1,170, with a year-over-year rent change of -3.3%. Per bedroom, the median rent as of July '25 in Manchester, PA is 1-bedrooms: $930, 2-bedrooms: $1,180, 3-bedrooms: $2,000. The most common rental property sizes in Manchester, PA are 2-bedroom and 1-bedroom, accounting for 40.4% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $1,170 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $885 | $930 |
| 2 Bed Rent | $1,250 | $1,180 |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Manchester, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Manchester, PA is 30. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $295,000 | -8.0% |
Listing Count | 23 | 43.0% |
| Listings as % of Homes | 0.4% | 43.0% |
Days on Market | 30 | -22.0% |
Demographics — Manchester, PA
As of the latest ACS Survey released in 2023, Manchester, PA has a population of 8,110, which has increased by 3.5% over the past 5 years. Manchester, PA is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 21.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,110 | 3.5% |
% Under 18 | 20.7% | 10.7% |
% Seniors | 16.1% | -8.0% |
% WFH | 9.2% | 283.3% |
% w/ College Degree | 21.9% | 65.9% |
As of the latest ACS Survey released in 2023, Manchester, PA is a predominantly white area, with 83.3% of the population identifying as white. The white population has shrunk by 8.8% in the last 5 years. The second most common race or ethnicity in Manchester, PA is hispanic, making up 9.3% of the population. Foreign-born residents account for 5.0% of the population in Manchester, PA, and this percentage has increased by 56.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.3% | -8.8% |
% Black | 3.9% | 143.8% |
% Hispanic | 9.3% | 66.1% |
% Asian | 1.1% | 57.1% |
% Foreign Born | 5.0% | 56.2% |
Mortgage and Risk — Manchester, PA
According to HUD data as of 2023, there were 172 mortgage originations in Manchester, PA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Manchester, PA. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 172 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Manchester, PA
Manchester, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $185 | $885 | $1,070 |
| 2 Bedroom | $90 | $1,250 | $1,340 |
| 3 Bedroom | -$180 | $2,000 | $1,820 |
| 4 Bedroom | N/A | N/A | $1,880 |
Affordability — Manchester, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $272,000 |
| Median Household Income | $83,600 |