Manheim, PA—17545
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Manheim, PA
As of Oct '25, the median home price in Manheim, PA is $378,000, with a year-over-year change of 4.9%. This indicates that home prices in Manheim, PA are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $378,000 | 4.9% |
| Single Family | $380,000 | 4.7% |
| Condos | $337,000 | 4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $307,000 | 6.2% |
3 Bed | $350,000 | 4.8% |
4 Bed | $478,000 | 4.6% |
| 5 Bed | $741,000 | 4.7% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Manheim, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Manheim, PA is 22. This is a decrease of -37.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $397,000 | 14.0% |
Listing Count | 53 | 66.0% |
| Listings as % of Homes | 0.3% | 66.0% |
Days on Market | 22 | -37.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Manheim, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $378,000 |
| Median Household Income | $87,600 |