Manchester, CT Foreclosures
How much do homes sell for in Manchester, CT?
The average home price is currently $379,425.
In Manchester, CT, how many homes are available?
There are currently 15 active home listings available in Manchester.
What’s the average rental cost in Manchester, CT?
The average rental price in Manchester is $1,567.
What is the most expensive home in Manchester?
The most expensive home sold in Manchester had a price of $92,818,856.
What is currently the cheapest priced home in Manchester, CT?
The cheapest home for sale in Manchester is priced at $11,821.
Living in Manchester, CT
Manchester, CT, offers a unique blend of suburban tranquility and urban convenience. Its rich history, wide-ranging amenities, and numerous parks cater to a diverse resident population. Newcomers will find a welcoming community committed to enhancing the quality of life.
Current Market Conditions in Manchester, CT
Manchester's real estate market has shown resilience over the last few years, with increasing demand for homes reflecting a trend toward suburban living. The local economy is supported by a mix of industrial, retail, and healthcare sectors, which attract residents looking for both housing and employment opportunities. The market is characterized by a healthy inventory of homes, appealing to first-time buyers and investors alike, particularly in family-friendly neighborhoods.
There's been a noticeable increase in home prices due to heightened buyer interest and limited inventory, making it a competitive market. However, the growth also indicates a thriving community with a strong infrastructure that continues to attract new residents.
Home Value Estimator For Manchester, CT
There are currently 17,064 real estate properties
in Manchester, CT,
with a median automated valuation model (AVM) price
of $327,828.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Manchester, CT, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Manchester, CT,
is $379,425.00, with the most expensive house
in Manchester, CT, topping out
at $92,818,856.00 and the cheapest home
in Manchester, CT,
clocking in at $11,821.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Manchester, CT!
Rent Prices
In Manchester, CT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Manchester, CT, is on
a rollercoaster ride. The
average rent price in Manchester, CT,
is $1,567.00. Indeed, when looking to rent in
Manchester, CT, you can expect to pay as little
as $780.00 or as much
as $4,740.00,
with the average rent median estimated to
be $1,520.00. The good news is that finding
an affordable and desirable property to rent in Manchester, CT
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
