Manlius, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Manlius, NY Real Estate Data


Manlius Housing Market Information

With 4,630 people, 1,896 houses or apartments, and a median cost of homes of $225,899, Manlius real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Manlius, accounting for 59.92% of the village's housing units. Other types of housing that are prevalent in Manlius include large apartment complexes or high rise apartments ( 26.72%), duplexes, homes converted to apartments or other small apartment buildings ( 7.58%), and a few row houses and other attached homes ( 5.43%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Manlius. Owner-occupied housing accounts for 65.80% of Manlius's homes, and 58.77% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Manlius 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 Manlius built between 1940-1969 ( 33.75%). A lesser amount of the housing stock also hails from before 1939 ( 16.65%). There's also some housing in Manlius built between 2000 and later ( 2.84%).

Manlius Home Appreciation Rates

Real estate appreciation rates in Manlius's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.12% during the period.

Over the last year, Manlius appreciation rates have trailed the rest of the nation. In the last twelve months, Manlius's appreciation rate has been 1.75%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Manlius were at 0.81%, which equates to an annual appreciation rate of 3.27%.

Relative to New York, our data show that Manlius's latest annual appreciation rate is lower than 70% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Manlius differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Manlius - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Manlius real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$225,899

Manlius, NY HOME PRICES

Value Range
> $1,037,000 0.5
$777,001 - $1,037,000 0.5
$518,001 - $777,000 3.0
$415,001 - $518,000 2.7
$311,001 - $415,000 12.4
$208,001 - $311,000 37.5
$104,001 - $208,000 36.5
$52,001 - $104,000 5.6
$0 - $52,000 1.1

High for NY
High for Nation

Value Relative to Nation Value Relative to State
26.2832532520802 39.7306397306397

Number Of Homes And Apartments:
1,896

Rent & Ownership

 

Average Market Rent:
$1,044 / per month

Homeownership Rate

Homeownership
Owners 65.80
Renters 34.20
Vacant 5.48

Housing Market Details

 

Age of Homes

AGE OF Manlius HOMES
2000 or Newer 2.8
1970 - 1999 46.8
1940 - 1969 33.7
1939 or Older 16.7

Types of Homes

TYPE OF Manlius HOMES
Single-Family 59.9
Townhomes 5.4
Small Apt. Buildings 7.6
Apt. Complexes 26.7
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Manlius HOMES
No Bedroom 4.39
1 Bedroom 20.19
2 Bedrooms 13.96
3 Bedrooms 11.86
4 Bedrooms 46.91
5 or more bedrooms 2.69

Manlius Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
30.84% 1.57% 1 3
* 10 is highest