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Manchester, CT

Full City Profile · Connecticut · Capitol Planning Region County

3.4 /5.0
B Good
36,561 Population 3,957/sq mi density
$76,780 Median Income $39,613 per capita
$205,800 Home Value $316,705 Zillow
$1,357 Median Rent 31.0% income on rent
52°F Avg Temperature 275 sunny days/yr
174 Violent Crime/100K 2,388 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$76,780 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$205,800 home value, $1,357/mo rent
F
Safety
1.0 / 5.0
174 violent crimes/100K
B+
Education
3.5 / 5.0
31.8% bachelor's degree or higher

Housing Overview

Median Home Value
$205,800
27% below
US avg: $281,900
Median Rent
$1,357/mo
17% above
US avg: $1,163/mo
Homeownership Rate
55.3%
15% below US avg (65.4%)
Total Housing Units
16,251
Median year built: 1953

Home Value by Source

Census Median
$205,800
Zillow (ZHVI)
$316,705
Median Sale Price
$312,500
Median List Price
$299,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

55.3%
Owner-Occupied
44.7%
Renter-Occupied
55%
45%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,351/mo
1 Bedroom
$1,590/mo
2 Bedroom
$1,955/mo
3 Bedroom
$2,415/mo
4 Bedroom
$2,824/mo
Census median rent: $1,357/mo · Zillow rent: $1,957/mo

Market Indicators (Redfin)

Median Days on Market
40 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
24
Price Drops
18.5%
of listings with price reduction
Price Per Sq Ft
$207
Active Inventory
27
homes for sale

Affordability & Housing Stock

Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
55.3%

Complete Housing Data

Home Values

Census Median Value$205,800
Zillow Home Value (ZHVI)$316,705
Median Sale Price$312,500
Median List Price$299,900
Price Per Sq Ft$207

Rent

Census Median Rent$1,357
Zillow Rent (ZORI)$1,957
FMR Studio$1,351
FMR 1-Bedroom$1,590
FMR 2-Bedroom$1,955
FMR 3-Bedroom$2,415
FMR 4-Bedroom$2,824

Market

Days on Market40
Sale-to-List Ratio1.0%
Price Drops18.5%
Homes Sold24
Active Inventory27
Price Per Sq Ft$207

Ownership & Stock

Owner-Occupied55.3%
Renter-Occupied44.7%
Homeownership Rate55.3%
Total Housing Units16,251
Median Year Built1953
Rent Burden31.0%