Manchester, MO Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Manchester, MO Housing Market Trends

With a population of 18,073, 7,466 total housing units (homes and apartments), and a median house value of $318,453, Manchester real estate is some of the most expensive in Missouri, although Manchester home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Manchester, accounting for 71.88% of the city's housing units. Other types of housing that are prevalent in Manchester include large apartment complexes or high rise apartments ( 17.65%), row houses and other attached homes ( 7.64%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.82%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Manchester. Owner-occupied housing accounts for 75.62% of Manchester's homes, and 68.21% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Manchester built from 1970 to 1999 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 Manchester built between 1940-1969 ( 24.65%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.45%).

Manchester Home Appreciation Rates

Appreciation rates for homes in Manchester have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 32.64%, which ranks in the top 50% nationwide. This equates to an annual average Manchester house appreciation rate of 2.87%.

Over the last year, Manchester appreciation rates have trailed the rest of the nation. In the last twelve months, Manchester's appreciation rate has been 4.47%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Manchester were at 1.66%, which equates to an annual appreciation rate of 6.79%.

Relative to Missouri, our data show that Manchester's latest annual appreciation rate is lower than 90% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$318,453

Manchester, MO HOME PRICES

> $1,151,000
0.8%
0.8%
$864,001 - $1,151,000
1.4%
1.4%
$576,001 - $864,000
3.8%
3.8%
$460,001 - $576,000
7.1%
7.1%
$346,001 - $460,000
17.6%
17.6%
$231,001 - $346,000
40.1%
40.1%
$115,001 - $231,000
26.6%
26.6%
$57,001 - $115,000
1.7%
1.7%
$0 - $57,000
0.8%
0.8%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for MO

Value Relative To Nation

Number Of Homes And Apartments:
7,466

Manchester Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
66.67% 2.46%
7
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,476 / per month

Homeownership Rate

Owners
75.6%
75.6%
Renters
24.4%
24.4%
Vacant
5.0%
5.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
4.5%
4.5%
1970 - 1999
70.5%
70.5%
1940 - 1969
24.6%
24.6%
1939 or Older
0.4%
0.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
71.9%
71.9%
Townhomes
7.6%
7.6%
Small Apt. Buildings
2.8%
2.8%
Apt. Complexes
17.7%
17.7%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
8.7%
8.7%
2 Bedrooms
17.6%
17.6%
3 Bedrooms
39.8%
39.8%
4 Bedrooms
28.4%
28.4%
5 or more bedrooms
5.5%
5.5%
0.0% 100.0%
% OF HOMES