Market Overview
Home Prices in Manchester, MD
The median home value in Manchester, MD is $471,069 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Manchester are priced15% above average. Manchester is part of the Baltimore-Columbia-Towson, MD metro area.
Over the past five years, Manchester home values have risen by approximately19.4%, reflecting steady appreciation in this market.
Price History
Manchester Home Price Trend
City Comparison
Manchester vs. National Median
At $471,069, homes in Manchester cost 15% above the national median of $410,000. Buyers in Manchester should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Manchester?
20% Down Payment
$94,214
on $471,069
Monthly P&I
$2,457/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,120/mo
incl. taxes & insurance
Income Needed
$124,800
gross annual (30% rule)
10% Down Option
$47,107
+ PMI applies
Loan Amount (20% dn)
$376,855
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Manchester, MD?
The median home value in Manchester is $471,069 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Manchester?
Over the past year, home values in Manchester have increased by 1.6%. Over five years, prices have risen approximately 19.4%.
How much do I need to earn to buy a home in Manchester?
To comfortably afford the median home price of $471,069 with a 20% down payment ($94,214) at today's rates (6.8%), you'd need a gross annual income of approximately $124,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Manchester compare to the national average home price?
The national median home value is approximately $410,000. At $471,069, homes in Manchester are 15% above the national average.
What metro area is Manchester part of?
Manchester is part of the Baltimore-Columbia-Towson, MD metropolitan area. Home prices and market conditions can vary across the broader metro region.