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Manchester, VA
Full City Profile · Virginia · Richmond city County
3.3
/5.0
B
Good
12,347
Population
2,082/sq mi density
$72,465
Median Income
$37,612 per capita
$286,900
Home Value
$361,133 Zillow
$1,444
Median Rent
35.9% income on rent
58°F
Avg Temperature
305 sunny days/yr
579
Violent Crime/100K
3,870 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$72,465 median income, 5.2% unemployment
A
Affordability
4.5 / 5.0
$286,900 home value, $1,444/mo rent
F
Safety
1.0 / 5.0
579 violent crimes/100K (52% above avg)
A
Education
4.1 / 5.0
39.1% bachelor's degree or higher
Housing Overview
Median Home Value
$286,900
2% above
US avg: $281,900
Median Rent
$1,444/mo
24% above
US avg: $1,163/mo
Homeownership Rate
58.4%
11% below US avg (65.4%)
Total Housing Units
5,479
Median year built: 1980
Home Value by Source
Census Median
$286,900
Zillow (ZHVI)
$361,133
Median Sale Price
$322,875
Median List Price
$372,475
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
58.4%
Owner-Occupied
41.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent:
$1,444/mo
Market Indicators (Redfin)
Median Days on Market
16 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
66.7%
of listings with price reduction
Price Per Sq Ft
$214
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
35.9%
of renters spending 30%+ of income on housing
16% above US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
58.4%
Complete Housing Data
Home Values
| Census Median Value | $286,900 |
| Zillow Home Value (ZHVI) | $361,133 |
| Median Sale Price | $322,875 |
| Median List Price | $372,475 |
| Price Per Sq Ft | $214 |
Rent
| Census Median Rent | $1,444 |
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
| Days on Market | 16 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 66.7% |
| Homes Sold | 8 |
| Active Inventory | 3 |
| Price Per Sq Ft | $214 |
Ownership & Stock
| Owner-Occupied | 58.4% |
| Renter-Occupied | 41.6% |
| Homeownership Rate | 58.4% |
| Total Housing Units | 5,479 |
| Median Year Built | 1980 |
| Rent Burden | 35.9% |