Manassas, VA—20109
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Manassas, VA
As of Oct '25, the median home price in Manassas, VA is $447,000, with a year-over-year change of 1.6%. This indicates that home prices in Manassas, VA are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $447,000 | 1.6% |
| Single Family | $476,000 | 1.1% |
| Condos | $331,000 | 1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $245,000 | -0.4% |
2 Bed | $332,000 | 0.9% |
3 Bed | $433,000 | 1.4% |
4 Bed | $544,000 | 0.2% |
| 5 Bed | $583,000 | -0.3% |
% of Housing Stock
Rental Trends — Manassas, VA
As of July '25, Rentcast reports the average rent in Manassas, VA is $2,480, with a year-over-year rent change of 5.1%. Per bedroom, the median rent as of July '25 in Manassas, VA is studios: $2,920, 1-bedrooms: $1,770, 2-bedrooms: $2,080, 3-bedrooms: $2,720, 4-bedrooms: $3,210. The most common rental property sizes in Manassas, VA are 2-bedroom and 3-bedroom, accounting for 49.6% and 25.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,480 |
| Studio Rent | $1,830 | $2,920 |
| 1 Bed Rent | $1,750 | $1,770 |
| 2 Bed Rent | $2,100 | $2,080 |
| 3 Bed Rent | $2,700 | $2,720 |
| 4 Bed Rent | $3,100 | $3,210 |
% of Rental Stock
Property Listings — Manassas, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Manassas, VA is 18. This is a increase of 15.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $402,000 | -11.0% |
Listing Count | 82 | 30.0% |
| Listings as % of Homes | 0.2% | 30.0% |
Days on Market | 18 | 15.0% |
Demographics — Manassas, VA
As of the latest ACS Survey released in 2023, Manassas, VA has a population of 44,200, which has increased by 8.5% over the past 5 years. Manassas, VA is a popular place for families, as children make up 26.5% of the population. The area has a moderately educated workforce, with 35.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,200 | 8.5% |
% Under 18 | 26.5% | -4.0% |
% Seniors | 9.1% | 40.0% |
% WFH | 11.0% | 511.1% |
% w/ College Degree | 35.1% | 24.9% |
As of the latest ACS Survey released in 2023, Manassas, VA is a predominantly hispanic area, with 45.8% of the population identifying as hispanic. The hispanic population has grown by 19.3% in the last 5 years. The second most common race or ethnicity in Manassas, VA is white, making up 23.0% of the population. Foreign-born residents account for 44.1% of the population in Manassas, VA, and this percentage has increased by 24.2% 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 | 23.0% | -27.2% |
% Black | 16.9% | -0.6% |
% Hispanic | 45.8% | 19.3% |
% Asian | 10.9% | 22.5% |
% Foreign Born | 44.1% | 24.2% |
Mortgage and Risk — Manassas, VA
According to HUD data as of 2023, there were 386 mortgage originations in Manassas, VA, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Manassas, VA. Investor activity is low, as 3.0% 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 | 386 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Manassas, VA
As of 2024, the percent of homes in Manassas, VA under the Section 8 program is 6.5%. 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. In Manassas, VA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 531 |
Total Units Section 8 | 531 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | 87.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $1,750 | $1,960 |
| 2 Bedroom | $110 | $2,100 | $2,210 |
| 3 Bedroom | $60 | $2,700 | $2,760 |
| 4 Bedroom | $160 | $3,100 | $3,260 |
Affordability — Manassas, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $447,000 |
| Median Household Income | $89,000 |