Manassas, VA—20112
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 $728,000, 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 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $728,000 | 2.0% |
| Single Family | $728,000 | 1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $438,000 | 0.0% |
3 Bed | $587,000 | 1.4% |
4 Bed | $763,000 | 2.0% |
| 5 Bed | $867,000 | 1.3% |
% of Housing Stock
Rental Trends — Manassas, VA
As of July '25, Rentcast reports the average rent in Manassas, VA is $3,390, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Manassas, VA is studios: $1,550, 1-bedrooms: $2,000, 2-bedrooms: $1,980, 3-bedrooms: $3,250, 4-bedrooms: $3,670. The most common rental property sizes in Manassas, VA are 4-bedroom and 3-bedroom, accounting for 33.0% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,390 |
| Studio Rent | $1,550 | $1,550 |
| 1 Bed Rent | $1,800 | $2,000 |
| 2 Bed Rent | $1,980 | $1,980 |
| 3 Bed Rent | $3,200 | $3,250 |
| 4 Bed Rent | $3,400 | $3,670 |
% 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 33. This is a decrease of -10.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $814,000 | 3.0% |
Listing Count | 84 | 2.0% |
| Listings as % of Homes | 0.5% | 2.0% |
Days on Market | 33 | -10.0% |
Demographics — Manassas, VA
As of the latest ACS Survey released in 2023, Manassas, VA has a population of 29,600, which has increased by 10.1% over the past 5 years. Manassas, VA is a popular place for families, as children make up 25.1% of the population. The area has a highly educated workforce, with 52.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,600 | 10.1% |
% Under 18 | 25.1% | -4.2% |
% Seniors | 12.1% | 17.5% |
% WFH | 22.9% | 308.9% |
% w/ College Degree | 52.8% | 10.0% |
As of the latest ACS Survey released in 2023, Manassas, VA is a predominantly white area, with 62.1% of the population identifying as white. The white population has shrunk by 8.0% in the last 5 years. The second most common race or ethnicity in Manassas, VA is hispanic, making up 17.5% of the population. Foreign-born residents account for 15.2% of the population in Manassas, VA, and this percentage has increased by 39.4% 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 | 62.1% | -8.0% |
% Black | 8.7% | -29.3% |
% Hispanic | 17.5% | 53.5% |
% Asian | 6.9% | 13.1% |
% Foreign Born | 15.2% | 39.4% |
Mortgage and Risk — Manassas, VA
According to HUD data as of 2023, there were 288 mortgage originations in Manassas, VA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Manassas, VA. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 288 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Manassas, VA
As of 2024, the percent of homes in Manassas, VA under the Section 8 program is 6.9%. 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 | 22 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | 6.9% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $760 | $1,800 | $2,560 |
| 2 Bedroom | $900 | $1,980 | $2,880 |
| 3 Bedroom | $400 | $3,200 | $3,600 |
| 4 Bedroom | $850 | $3,400 | $4,250 |
Affordability — Manassas, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $728,000 |
| Median Household Income | $191,000 |