Is Manchester, CT 06040 a buyer’s or seller’s market?

The Manchester housing market right now

In the three months ending August 31, 2026, 76% of homes in Manchester, CT 06040 sold above their list price, the typical home went under contract in 19 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 104 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (77% then), homes sold more slowly (12 days then) and the median sale price rose 10% to $384,833. Overall, Manchester is less competitive than a year ago, which gives buyers more room.

Within Hartford County, homes here sell faster than in 72% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Manchester ranks #20 of 197 CT ZIP codes with enough sales (score 95 out of 100).

Nearby, buyers who want less competition could look at Hartford 06103 (0% sold over asking) or Hartford 06105 (44% sold over asking), while East Berlin 06023 (100% sold over asking) and West Hartland 06091 (100% sold over asking) are even more competitive.