Manchester, OH45144

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$136,000
2.8% YoY Growth
Median Household Income
$43,900
44.7% 5-Year Growth
Days on Market
88
18.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$520
26.8% YoY Growth
1-Bed Rent
$520
26.8% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Manchester, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Manchester, OH is 88. This is a increase of 18.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$225,000-7.0%
Listing Count
19-9.0%
Listings as % of Homes0.8%-9.0%
Days on Market
8818.0%
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Demographics — Manchester, OH

As of the latest ACS Survey released in 2023, Manchester, OH has a population of 4,260, which has decreased by -3.3% over the past 5 years. Manchester, OH is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 13.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,260-3.3%
% Under 18
20.4%-23.3%
% Seniors
13.7%-3.5%
% WFH
1.9%-68.9%
% w/ College Degree
13.0%-19.8%
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As of the latest ACS Survey released in 2023, Manchester, OH is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Manchester, OH is hispanic, making up 2.4% of the population. Foreign-born residents account for 1.9% of the population in Manchester, OH, and this percentage has increased by 850.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.9%-1.5%
% Black
0.1%∞%
% Hispanic
2.4%33.3%
% Asian
0.3%∞%
% Foreign Born
1.9%850.0%
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Mortgage and Risk — Manchester, OH

According to HUD data as of 2023, there were 44 mortgage originations in Manchester, OH, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Manchester, OH. Investor activity is low, as 0.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
44
% Conventional Loans
52.0%
% Government Loans
48.0%
% Investor Loans
0.0%
% Second Loans
5.0%
% Cash Out Refinance
20.0%

Loan Activity

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Rentals and Section 8 — Manchester, OH

Manchester, OH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
96
Total Units Section 8
51
% Rentals under Section 8
10.6%
% Occupied Section 8
63.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$150$520$670
2 BedroomN/AN/A$880
3 BedroomN/AN/A$1,120
4 BedroomN/AN/A$1,220

Affordability — Manchester, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.7
Median Home Price$136,000
Median Household Income$43,900

Manchester, OH — ZIP Code Boundary Map

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Frequently Asked Questions