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

Housing Market Conditions



Gauge showing Manchester Township is a seller's market


Difference Since May 2022

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

Key Takeaway

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

How much do homes in Manchester Township, MI cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Manchester Township have sold for 3.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
2 $163.9K$160K
3 $269.9K$267.9K
4 $293K$349.9K
5+ $410K$450K

Median Sold Price Compared To Nearby Cities

Bridgewater Township
Franklin Township
Manchester Township

How many homes are available in Manchester Township, MI?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
2 43
3 109
4 1112
5+ 11

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Manchester Township, expect to pay close to the asking price. 42.9% 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.

What housing markets are near Manchester Township, MI?

About Manchester Township, MI

There are 25 homes are for sale in Manchester Township, MI real estate market. The number of homes for sale in Manchester Township, MI decreased by 3.8% between April 2023 and May 2023. Listing prices have changed in this real estate market between April 2023 and May 2023: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties decreased by 2.4%, the cost of 3 bedrooms properties went down by 0.7%, 4 bedrooms properties became 19.4% more expensive, the cost of 5 bedrooms properties went up by 9.8%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 25%, the quantity of 3 bedrooms homes went down by 10%, the quantity of 4 bedrooms homes went up by 9.1%, 5 bedrooms homes did not move. Manchester Township, MI housing market in May 2023 saw over 2 listings sold above listed price, more than 3 sold at listed price and over 2 sold below.