Real Estate Market Update for Manchester, CT

Video: Real Estate Community Tour for Manchester, CT

See Real estate community tour for Manchester, CT
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 23% from one year earlier, and down 4% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 180-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 14%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 160-thousand dollars. The number of units sold decreased 2% year-over-year, and increased 11% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Manchester, CT
Area Information for Manchester, CT
  • Population: 58,258
  • Median Age: 38.66 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 2,126/sq mi
  • Population Change Since 2000: 6.44%
  • Closest Airport: Bradley International
  • Closest College: Goodwin College
  • Closest Jr. College: Manchester Community College
  • Median Household Income: $63,670
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $156,900
  • Closest Major Sports Team: Connecticut Tigers
  • Change Avg. Household Income Since 2000: 28.94%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Manchester, CT
Median Age: 38.66 Married: 37% Number of Households: 24,713 Households with Children: 6,697
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Manchester, CT

      School Name Distance Type Grades School Rating Parent Rating
      Buckley School 0.9 mi Public PRESCHOOL-5 3 0
      Bowers School 1.6 mi Public K-5 1 0
      Illing Middle School 1.7 mi Public 7-8 1 0
      Kindercare Learning Center 1.8 mi Private PRESCHOOL-K 0 0
      Manchester High School 1.9 mi Public 9-12 1 3
      Bolton Center School 2.0 mi Public PRESCHOOL-8 4 0
      Manchester Preschool Center 2.1 mi Public PRESCHOOL-PRESCHOOL 0 0
      The Cornerstone Christian School 2.2 mi Private PRESCHOOL-12 0 0
      Birch Mountain Day School 2.3 mi Private PRESCHOOL-K 0 0
      Elisabeth M. Bennet Academy 2.4 mi Public 6-6 0 0
      St Bridget School 2.4 mi Catholic PRESCHOOL-8 0 0
      Clinical Day School - Manchester Memorial Hospital 2.4 mi Private 7-12 0 0
      St James School 2.4 mi Catholic PRESCHOOL-8 0 0
      Robertson School 2.5 mi Public K-5 2 0
      Hans Chr Andersen Montessori 2.5 mi Private PRESCHOOL-K 0 0
      Community Child Guidance Clinic 2.5 mi Private PRESCHOOL-8 0 0
      Martin School 2.6 mi Public K-5 1 0
      Waddell School 2.8 mi Public K-5 1 0
      The Children's Place Inc 2.9 mi Private PRESCHOOL-K 0 0
      Washington School 2.9 mi Public K-5 0 0
      Bolton High School 3.4 mi Public 9-12 3 4
      Odyssey Community School 3.6 mi Public K-8 3 0
      Keeney School 3.6 mi Public K-5 2 4
      Assumption School 3.6 mi Catholic PRESCHOOL-PRESCHOOL 0 0
      Verplanck School 3.8 mi Public K-5 0 0
      East Catholic High School 3.9 mi Catholic 9-12 0 4
      Great Path Academy At Mcc 4.0 mi Public 9-12 2 3
      Howell Cheney Technical High School 4.2 mi Public 9-12 2 3
      Manchester Regional Academy 4.8 mi Public 7-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Manchester, CT
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.