Housing in North Manchester, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$217,500

Median List Price

$267,810

Price Per Sq Ft

$140

Days on Market

61

Active Inventory

8

Months of Supply

1.0

Seller's market

Zillow Home Value

$187,963

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 42.6%List Price 43.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

12.5%

Off Market in 2 Weeks

75.0%

Sale-to-List Ratio

97.8%

Buyer's market

Sold Above Asking
12.5%
Under Contract in 2 Wks
75.0%
Listings with Price Drops
37.5%

Market Activity

Source: Redfin

Homes Sold

8

New Listings

3

Pending Sales

4

Homes Sold 33.3%New Listings 25.0%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$140

Median List $/SF

$190

Sale $/SF 15.7%List $/SF 74.3%Mar 24Jan 26

North Manchester vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. North Manchester is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$135,500

Median Rent

$644

Total Housing Units

2,240

Vacancy Rate

18.1%

Owner Occupied

80.6%

Renter Occupied

19.4%

Median Property Tax

$803

per year

Monthly Cost (w/ Mortgage)

$699

Housing Types

Single Family
76.9%
Multi-Family
16.9%
Mobile Home
6.2%

The current median sale price in North Manchester, IN is $217,500 according to Redfin data. Homes spend a median of 61 days on the market. 12.5% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $140. The median rent is $644 per month (Census ACS). About 80.6% of housing units are owner-occupied. The median year homes were built is 1957. There are 2,240 total housing units.