Manor appreciation rates and housing market information

Manor housing market information

With 1,225 people, 441 houses or apartments, and a median cost of homes of $91,633, the cost of homes in Manor is among some of the lowest in the nation. Compared to Texas, however, Manor real estate is not on the lower end of the price spectrum.

single-family detached homes are the single most common housing type in Manor, accounting for 63.72% of the city's housing units. Other types of housing that are prevalent in Manor include mobile homes or trailers (26.30%), duplexes, homes converted to apartments, or other small apartment buildings (4.99%), large apartment complexes or high rise apartments (2.72%), and a few row houses and other attached homes (2.27%).

Dwellings in Manor tend to be quite small (one, two, or no bedrooms) and owner-occupied. In fact, 50.34% of the homes in Manor have two or fewer bedrooms.

There is a lot of housing in Manor built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Manor built from 1940-1969 (34.24%). A lesser amount of the housing stock also hails from 1995 and later (13.83%), and some were built from 1939 and earlier (13.83%).

Manor home appreciation rates

Real estate appreciation rates in Manor have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 6.99% during the period.

NeighborhoodScout's data show that during the latest twelve months, Manor home appreciation rates, at 0.93%, have been at or slightly above the national average. In the latest quarter, Manor's appreciation rate has been -0.98%, which annualizes to a rate of -3.92%.

Notably, Manor's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Texas, our data show that Manor's latest annual appreciation rate is higher than 11% of the other cities and towns in Texas.