Manheim, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Manheim Neighborhoods Since 2000




Manheim, PA Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Manheim Housing Market Information

With a population of 4,870, 1,949 total housing units (homes and apartments), and a median house value of $161,537, Manheim real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Manheim, accounting for 52.97% of the borough's housing units. Other types of housing that are prevalent in Manheim include row houses and other attached homes ( 19.10%), duplexes, homes converted to apartments or other small apartment buildings ( 17.74%), and a few large apartment complexes or high rise apartments ( 8.37%).

The most prevalent building size and type in Manheim are three and four bedroom dwellings, chiefly found in single-family detached homes. The borough has a mixture of owners and renters, with 61.65% owning and 38.35% renting.

The housing in Manheim was primarily built before 1939 ( 40.73%), making the housing stock in Manheim some of the oldest overall in America, although there is a range of ages of homes in Manheim. The next most important housing age is between 1940-1969 ( 39.62%), followed by between 1970-1999 ( 18.15%). There's also some housing in Manheim built between 2000 and later ( 1.51%).

Manheim Home Appreciation Rates

Real estate appreciation rates in Manheim's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.43% during the period.

NeighborhoodScout's data show that during the latest twelve months, Manheim's appreciation rate, at 3.37%, has been at or slightly above the national average. In the latest quarter, Manheim's appreciation rate has been 0.61%, which annualizes to a rate of 2.48%.

Relative to Pennsylvania, our data show that Manheim's latest annual appreciation rate is higher than 70% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$161,537

Manheim, PA HOME PRICES

Value Range
> $1,056,000 1.2
$793,001 - $1,056,000 0.0
$528,001 - $793,000 0.0
$423,001 - $528,000 4.3
$317,001 - $423,000 1.0
$211,001 - $317,000 19.4
$106,001 - $211,000 57.9
$53,001 - $106,000 10.3
$0 - $53,000 6.0

High for PA
Average for Nation

Value Relative to Nation Value Relative to State
45.0193366928396 38.1642512077295

Number Of Homes And Apartments:
1,949

Manheim Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
38.14% 1.89% 4 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$934 / per month

Homeownership Rate

Homeownership
Owners 61.65
Renters 38.35
Vacant 1.76

Housing Market Details

 

Age of Homes

AGE OF Manheim HOMES
2000 or Newer 1.5
1970 - 1999 18.1
1940 - 1969 39.6
1939 or Older 40.7

Types of Homes

TYPE OF Manheim HOMES
Single-Family 53.0
Townhomes 19.1
Small Apt. Buildings 17.7
Apt. Complexes 8.4
Mobile Homes 1.8
Other 0.0

Home Size

SIZE OF Manheim HOMES
No Bedroom 3.43
1 Bedroom 8.11
2 Bedrooms 25.00
3 Bedrooms 48.19
4 Bedrooms 12.50
5 or more bedrooms 2.77