Manassas, VA—20111
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 $512,000, with a year-over-year change of 1.1%. 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 | $512,000 | 1.1% |
| Single Family | $530,000 | 0.8% |
| Condos | $335,000 | 1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $333,000 | 2.1% |
3 Bed | $464,000 | 1.3% |
4 Bed | $662,000 | 1.7% |
| 5 Bed | $725,000 | 0.7% |
% of Housing Stock
Rental Trends — Manassas, VA
As of July '25, Rentcast reports the average rent in Manassas, VA is $2,620, with a year-over-year rent change of 7.4%. Per bedroom, the median rent as of July '25 in Manassas, VA is 1-bedrooms: $1,660, 2-bedrooms: $2,270, 3-bedrooms: $2,620, 4-bedrooms: $3,560. The most common rental property sizes in Manassas, VA are 2-bedroom and 3-bedroom, accounting for 37.2% and 33.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,620 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,750 | $1,660 |
| 2 Bed Rent | $2,300 | $2,270 |
| 3 Bed Rent | $2,600 | $2,620 |
| 4 Bed Rent | $3,580 | $3,560 |
% 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 31. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $599,000 | 14.0% |
Listing Count | 91 | 26.0% |
| Listings as % of Homes | 0.5% | 26.0% |
Days on Market | 31 | 0.0% |
Demographics — Manassas, VA
As of the latest ACS Survey released in 2023, Manassas, VA has a population of 38,200, which has increased by 6.6% 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 30.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,200 | 6.6% |
% Under 18 | 26.1% | -1.5% |
% Seniors | 9.9% | 16.5% |
% WFH | 12.3% | 136.5% |
% w/ College Degree | 30.2% | -1.6% |
As of the latest ACS Survey released in 2023, Manassas, VA is a predominantly hispanic area, with 42.5% of the population identifying as hispanic. The hispanic population has grown by 18.1% in the last 5 years. The second most common race or ethnicity in Manassas, VA is white, making up 35.7% of the population. Foreign-born residents account for 33.2% of the population in Manassas, VA, and this percentage has increased by 3.8% 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 | 35.7% | -14.0% |
% Black | 8.6% | -14.0% |
% Hispanic | 42.5% | 18.1% |
% Asian | 8.2% | -13.7% |
% Foreign Born | 33.2% | 3.8% |
Mortgage and Risk — Manassas, VA
According to HUD data as of 2023, there were 424 mortgage originations in Manassas, VA, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Manassas, VA. Investor activity is low, as 1.0% 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 | 424 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Manassas, VA
As of 2024, the percent of homes in Manassas, VA under the Section 8 program is 3.6%. 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 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Manassas, VA, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 134 |
Total Units Section 8 | 134 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $1,750 | $1,980 |
| 2 Bedroom | -$70 | $2,300 | $2,230 |
| 3 Bedroom | $190 | $2,600 | $2,790 |
| 4 Bedroom | -$290 | $3,580 | $3,290 |
Affordability — Manassas, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $512,000 |
| Median Household Income | $110,000 |