Manchester, WA

Full City Profile · Washington · Kitsap County County

4.1 /5.0
A Great
6,018 Population 2,061/sq mi density
$108,242 Median Income $45,446 per capita
$464,500 Home Value $550,323 Zillow
$1,643 Median Rent 25.6% income on rent
54°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.6 / 5.0
$108,242 median income, 1.9% unemployment
A
Affordability
4.3 / 5.0
$464,500 home value, $1,643/mo rent
B+
Education
3.5 / 5.0
31.4% bachelor's degree or higher

Housing Overview

Median Home Value
$464,500
65% above
US avg: $281,900
Median Rent
$1,643/mo
41% above
US avg: $1,163/mo
Homeownership Rate
79.5%
22% above US avg (65.4%)
Total Housing Units
2,272
Median year built: 1986

Home Value by Source

Census Median
$464,500
Zillow (ZHVI)
$550,323
Redfin Median Sale
$519,312
Median Sale Price
$519,312
Median List Price
$500,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.5%
Owner-Occupied
20.5%
Renter-Occupied
80%
21%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent: $1,643/mo

Market Indicators (Redfin)

Median Sale Price
$519,312
Median Days on Market
34 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$353
Active Inventory
15
homes for sale

Affordability & Housing Stock

Rent Burden
25.6%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
79.5%

Complete Housing Data

Home Values

Census Median Value$464,500
Zillow Home Value (ZHVI)$550,323
Redfin Median Sale$519,312
Median Sale Price$519,312
Median List Price$500,000
Price Per Sq Ft$353

Rent

Census Median Rent$1,643
FMR Studio$1,082
FMR 1-Bedroom$1,180
FMR 2-Bedroom$1,472
FMR 3-Bedroom$2,003
FMR 4-Bedroom$2,351

Market

Days on Market34
Sale-to-List Ratio1.0%
Price Drops33.3%
Homes Sold7
Active Inventory15
Price Per Sq Ft$353

Ownership & Stock

Owner-Occupied79.5%
Renter-Occupied20.5%
Homeownership Rate79.5%
Total Housing Units2,272
Median Year Built1986
Rent Burden25.6%