If you’ve been thinking about buying or selling a home in Manchester, you’re probably wondering: Is it a good time? Are prices still climbing? Is there anything even available?

We dug into the latest numbers from March 2025, and here’s what’s really happening in Manchester’s housing market right now — plus what it means if you’re planning to make a move.

Prices Are Rising — Fast

Let’s start with the big headline:
The median sales price in Manchester jumped 18.3% compared to last March.

That means the typical single-family home now sells for $473,000 — up from $400,000 just a year ago. Year-to-date, prices are up about 6.7%.

Why the jump?
Simple supply and demand. Inventory is tight, competition is fierce, and buyers are willing to pay more to land a property. If you’re selling, you’re in a strong position. If you’re buying... well, you’re going to want to move fast and be ready to compete.

Are Homes Still Selling Quickly?

Absolutely.

The average home in Manchester is lasting just 15 days on the market — about three days faster than last year.
In some cases, move-in ready homes are going under contract in less than a week.

What it means:
If you’re a buyer, you can't afford to wait and "think it over" for a week. By then, it’ll likely be gone.
If you're a seller, proper pricing and preparation could still spark bidding wars.

Is There Any Inventory Out There?

Here’s the good news:
New listings shot up by 64% compared to last March — a huge jump!

But don’t celebrate too soon. Even with the flood of new homes hitting the market, Manchester only has 0.4 months of inventory — which is incredibly low. (A "balanced" market usually has around 5 to 6 months.)

Translation:
It’s still very much a seller’s market. Buyers have more options than they did last year, but not enough to shift the balance.

What About New Builds and Multi-Family Homes?

The data we reviewed doesn’t break down new construction or multi-family sales specifically — but here’s what we know about Manchester’s patterns:

• New builds are starting to pop up, but they still make up a small slice of the market — likely less than 15%.

• Multi-family homes remain a huge part of Manchester’s real estate scene, especially for investors. Historically, about 20–25% of all sales involve multi-family properties.

With rising prices and Manchester’s reputation for rental demand, it's safe to bet the investor crowd isn’t going anywhere.

Big Picture: What This Means for You

✅ If you’re selling:
You’re in a great spot. Prices are high, demand is strong, and your home will likely sell quickly — if it’s priced right and marketed well.

✅ If you’re buying:
Be ready to act fast. Get pre-approved, know your must-haves (and nice-to-haves), and work with an agent who knows how to negotiate in a competitive market.

✅ If you’re investing:
The fundamentals are still solid. High rents, strong demand for housing, and limited inventory mean Manchester continues to be a strong investment market.

Final Thought

Manchester’s real estate market is moving fast — and so are the opportunities.
Whether you're buying your first home, upgrading, or cashing out on years of equity, it’s clear:
Now is not the time to sit on the sidelines.

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