$8,847 Closing Credit¹
#73332766, Joan McDonald, Listing Office: Coldwell Banker Realty - Manchester
Manchester Housing Market Report January 2025•Essex County, Massachusetts
Housing Prices in Manchester, MA
How much do homes in Manchester, MA cost?
Housing Market Conditions
Is Manchester, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Manchester is a Buyer's Market
Difference Since January 2024
At the same time last year, Manchester was a Seller's Market.
Insight
Manchester is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,112,500$581/SqFt
-$130,000
-10.5%
Based on all homes sold in the last 12 months
Insight
Homes in Manchester have sold for 10.5% less than they did a year ago.
Summary: The median home sold price in Manchester was $1,112,500 in January 2025, down 10.5% from last year, and the median price per square foot was $581.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Gloucester | $610K | $700K | +14.8% |
| Beverly | $675K | $700.6K | +3.8% |
| Essex | $800K | $823K | +2.9% |
| Manchester-by-the-Sea | $1.2M | $1.1M | -10.2% |
| Manchester | $1.2M | $1.1M | -10.5% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $389.5K | $530K | +36.1% |
| 22 Bedrooms | $555K | $788.7K | +42.1% |
| 33 Bedrooms | $918K | $1.1M | +19.8% |
| 44 Bedrooms | $1.2M | $1.1M | -11.3% |
| 55+ Bedrooms | $3.5M | $3.2M | -8.9% |
Summary: Manchester housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +36.1%. The home price for 2 bedroom homes increased by +42.1%. The home price for 3 bedroom homes increased by +19.8%. The home price for 4 bedroom homes decreased by -11.3%. The home price for 5 bedroom homes decreased by -8.9%.
Housing supply in Manchester, MA
How many homes are available in Manchester, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 12Last MonthJan 2025 | ||
| 162 months agoDec 2024 | -25.0 % Change MoMDec – Jan |
Summary: The Manchester real estate market had 12 homes for sale in Jan 2025, a 25.0 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthJan 2025 | ||
| 52 months agoDec 2024 | -80.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 0 | -100.0% |
| 33 Bedrooms | 6 | 5 | -16.7% |
| 44 Bedrooms | 4 | 4 | 0.0% |
| 55+ Bedrooms | 5 | 3 | -40.0% |
Summary: Manchester housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -40.0%.
Asking Price vs. Sold Price
How much do homes in Manchester, MA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Manchester, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Manchester in January 2025, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Manchester, MA
How long does it take to sell a home in Manchester, MA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Manchester has remained consistent over time.
Summary: During January 2025, 1 homes were sold in Manchester; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 48 DaysThis YearJan 2025 | ||
| 32 Days1 year agoJan 2024 | +48.5 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Manchester had an average listing age of 48 days in Jan 2025, up by 48.5% compared to the previous year.
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Newest Listings in Manchester, MA
What homes are available in Manchester, MA?
#73331231, Marianne Round, Listing Office: Coldwell Banker Realty - Manchester
#73315588, Derek Greene, Listing Office: The Greene Realty Group
$10,000 Closing Credit¹
#73315506, Jorge Zea, Listing Office: Jorge Andres Zea
$9,488 Closing Credit¹
#73308990, Amanda Armstrong Group, Listing Office: Compass
$10,000 Closing Credit¹
#73301015, Lanse Robb, Listing Office: LandVest, Inc., Manchester -by-the-Sea
#73293228, Gretchen Berg, Listing Office: J. Barrett & Company
$10,000 Closing Credit¹
#73292702, Emily McPherson, Listing Office: J. Barrett & Company
$10,000 Closing Credit¹
#73270751, Philio Cushing, Listing Office: Churchill Properties
#73256539, Lanse Robb, Listing Office: LandVest, Inc., Manchester -by-the-Sea
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Based on information from MLS Property Information Network Inc., for the period 02/01/2023 - 02/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/14/2025, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.