Is Manchester, MI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Manchester is a seller's market


Difference Since April 2022

Since last year, Manchester has remained a Seller's Market.

Key Takeaway

Manchester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Manchester, MI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since April 2022


Key Takeaway

Homes in Manchester have sold for 9.6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 --
2 $144.9K$155.7K
3 $258.5K$238.5K
4 $274.9K$309.9K
5+ $295K$452.5K

Median Sold Price Compared To Nearby Cities

Manchester Township

How many homes are available in Manchester, MI?

Number of Homes For Sale

Mar 2023Apr 2023%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 00
2 24
3 78
4 79
5+ 21

Number of Homes Sold

Mar 2023Apr 2023%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manchester, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Manchester, MI

Manchester, MI has 22 homes on the market. The inventory of homes for sale in Manchester, MI between March 2023 and April 2023 increased by 22.2%. This housing market listing prices have changed between March 2023 and April 2023: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 7.5%, the cost of 3 bedrooms properties went down by 7.8%, prices of 4 bedrooms properties increased by 12.7%, prices of 5 bedrooms properties increased by 53.4%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 100%, 3 bedrooms homes inventory increased by 14.3%, number of 4 bedrooms homes increased by 28.6%, number of 5 bedrooms homes decreased by 50%. Over 3 listings were sold over their listed price in April 2023 in Manchester, MI. In the same period over 2 listings were sold below the listed price and 3 listings were sold for the listed price.

Related Housing Market Reports