Manassas, VA—20110
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 $509,000, with a year-over-year change of 2.0%. This indicates that home prices in Manassas, VA are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $509,000 | 2.0% |
| Single Family | $543,000 | 1.7% |
| Condos | $311,000 | 2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $229,000 | 2.2% |
2 Bed | $312,000 | 2.3% |
3 Bed | $452,000 | 1.8% |
4 Bed | $620,000 | 2.0% |
| 5 Bed | $693,000 | 1.5% |
% of Housing Stock
Rental Trends — Manassas, VA
As of July '25, Rentcast reports the average rent in Manassas, VA is $2,600, with a year-over-year rent change of 10.2%. Per bedroom, the median rent as of July '25 in Manassas, VA is studios: $1,590, 1-bedrooms: $1,760, 2-bedrooms: $2,090, 3-bedrooms: $2,870, 4-bedrooms: $3,240. The most common rental property sizes in Manassas, VA are 2-bedroom and 3-bedroom, accounting for 33.4% and 25.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,600 |
| Studio Rent | $1,500 | $1,590 |
| 1 Bed Rent | $1,700 | $1,760 |
| 2 Bed Rent | $2,000 | $2,090 |
| 3 Bed Rent | $2,800 | $2,870 |
| 4 Bed Rent | $3,000 | $3,240 |
% 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 40. This is a increase of 59.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $511,000 | -9.0% |
Listing Count | 117 | 40.0% |
| Listings as % of Homes | 0.4% | 40.0% |
Days on Market | 40 | 59.0% |
Demographics — Manassas, VA
As of the latest ACS Survey released in 2023, Manassas, VA has a population of 49,500, which has increased by 1.9% over the past 5 years. Manassas, VA is a popular place for families, as children make up 26.1% of the population. The area has a moderately educated workforce, with 33.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 49,500 | 1.9% |
% Under 18 | 26.1% | 1.6% |
% Seniors | 10.3% | 13.2% |
% WFH | 13.2% | 325.8% |
% w/ College Degree | 33.5% | 13.9% |
As of the latest ACS Survey released in 2023, Manassas, VA is a predominantly hispanic area, with 41.3% of the population identifying as hispanic. The hispanic population has grown by 21.5% in the last 5 years. The second most common race or ethnicity in Manassas, VA is white, making up 36.6% of the population. Foreign-born residents account for 30.4% of the population in Manassas, VA, and this percentage has increased by 21.6% 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 | 36.6% | -14.7% |
% Black | 12.7% | -10.6% |
% Hispanic | 41.3% | 21.5% |
% Asian | 5.3% | -7.0% |
% Foreign Born | 30.4% | 21.6% |
Mortgage and Risk — Manassas, VA
According to HUD data as of 2023, there were 755 mortgage originations in Manassas, VA, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 35.0% 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 | 755 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% 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 6.1%. 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 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Manassas, VA, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 330 |
Total Units Section 8 | 238 |
% Rentals under Section 8 | 6.1% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $1,700 | $1,880 |
| 2 Bedroom | $120 | $2,000 | $2,120 |
| 3 Bedroom | -$150 | $2,800 | $2,650 |
| 4 Bedroom | $130 | $3,000 | $3,130 |
Affordability — Manassas, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $509,000 |
| Median Household Income | $120,000 |