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
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 Market | 40 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.5% |
| Homes Sold | 24 |
| Active Inventory | 27 |
| Price Per Sq Ft | $207 |
Ownership & Stock
| Owner-Occupied | 55.3% |
| Renter-Occupied | 44.7% |
| Homeownership Rate | 55.3% |
| Total Housing Units | 16,251 |
| Median Year Built | 1953 |
| Rent Burden | 31.0% |
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