Manheim, PA 17545 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Manheim, PA—17545

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$397,000

4.8% YoY Growth

Household Income

$87,600

41.1% YoY Growth

Days on Market

34.0% Longer YoY

Home Price Forecast

2.0%

Median Rent

$1,640

38.5% YoY Growth

1-Bed Rent

$950

11.9% YoY Growth

2-Bed Rent

$1,600

38.7% YoY Growth

3-Bed Rent

$1,800

12.9% YoY Growth

Home Price Trends — Manheim, PA

As of May '26, the median home price in Manheim, PA is $397,000, with a year-over-year change of 4.8%. This indicates that home prices in Manheim, PA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$397,000	4.8%
Single Family	$399,000	5.0%
Condos	$344,000	3.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Manheim, PA

As of July '25, Rentcast reports the average rent in Manheim, PA is $1,620, with a year-over-year rent change of 38.5%. Per bedroom, the median rent as of July '25 in Manheim, PA is studios: $295, 1-bedrooms: $950, 2-bedrooms: $1,650, 3-bedrooms: $1,920, 4-bedrooms: $1,640. The most common rental property sizes in Manheim, PA are 2-bedroom and 3-bedroom, accounting for 42.6% and 30.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,640	$1,620
Studio Rent	$295	$295
1 Bed Rent	$950	$950
2 Bed Rent	$1,600	$1,650
3 Bed Rent	$1,800	$1,920
4 Bed Rent	$1,280	$1,640

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% of Rental Stock

Studio

0.9%

1 Bedroom

13.7%

2 Bedrooms

42.6%

3 Bedrooms

30.6%

4 Bedrooms

8.3%

5+ Bedrooms

3.9%

Property Listings — Manheim, PA

As of May '26, Realtor.com reports that the median days on market for a home in Manheim, PA is 25. This is a increase of 34.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$350,000	6.0%
Listing Count	50	46.0%
Listings as % of Homes	0.3%	46.0%
Days on Market	25	34.0%

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Demographics — Manheim, PA

As of the latest ACS Survey released in 2023, Manheim, PA has a population of 23,300, which has increased by 6.2% over the past 5 years. Manheim, PA is a moderately popular place for families, as children make up 21.6% of the population. The area has a moderately educated workforce, with 30.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	23,300	6.2%
% Under 18	21.6%	-6.9%
% Seniors	20.1%	2.6%
% WFH	9.5%	90.0%
% w/ College Degree	30.0%	38.2%

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As of the latest ACS Survey released in 2023, Manheim, PA is a predominantly white area, with 92.5% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Manheim, PA is hispanic, making up 2.9% of the population. Foreign-born residents account for 1.4% of the population in Manheim, PA, and this percentage has decreased by 12.5% 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	92.5%	0.8%
% Black	0.6%	-40.0%
% Hispanic	2.9%	-39.6%
% Asian	0.9%	-10.0%
% Foreign Born	1.4%	-12.5%

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Mortgage and Risk — Manheim, PA

According to HUD data as of 2023, there were 326 mortgage originations in Manheim, PA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Manheim, PA. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	326
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Manheim, PA

As of 2024, the percent of homes in Manheim, PA under the Section 8 program is 1.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Manheim, PA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	21
Total Units Section 8	15
% Rentals under Section 8	1.0%
% Occupied Section 8	81.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$130	$950	$1,080
2 Bedroom	-$240	$1,600	$1,360
3 Bedroom	-$20	$1,800	$1,780
4 Bedroom	$530	$1,280	$1,810

Manheim, PA—17545

Key Metrics at a Glance

Home Price Trends — Manheim, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Manheim, PA

% of Rental Stock

Property Listings — Manheim, PA

Demographics — Manheim, PA

Race and Ethnicity

Mortgage and Risk — Manheim, PA

Mortgages

Rentals and Section 8 — Manheim, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Manheim, PA

Home Price to Income Ratio

Manheim, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Mount Gretna

Salunga, PA

Cornwall

Mount Joy, PA

East Petersburg, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.8
Median Home Price	$397,000
Median Household Income	$87,600

Manheim, PA—17545

Key Metrics at a Glance

Home Price Trends — Manheim, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Manheim, PA

% of Rental Stock

Property Listings — Manheim, PA

Demographics — Manheim, PA

Race and Ethnicity

Mortgage and Risk — Manheim, PA

Mortgages

Rentals and Section 8 — Manheim, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Manheim, PA

Home Price to Income Ratio

Manheim, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Mount Gretna

Salunga, PA

Cornwall

Mount Joy, PA

East Petersburg, PA

Frequently Asked Questions

What is the average home price in Manheim, PA 17545?

How have home prices in Manheim, PA 17545 changed over the past year?

What is the home price projection for Manheim, PA 17545?

What are the demographics of Manheim, PA 17545?

How long does it take homes to sell in Manheim, PA 17545?

What is the average rent price in Manheim, PA 17545?