Is Manchester, MI 48158 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Manchester is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score51/ 100

More competitive than 52% of U.S. ZIP codes, and #347 of 510 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.7Under 4 months = seller’s market
Sold above original list36.3%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$190▲ +9.7% vs. last year

The Manchester housing market right now

In the three months ending August 31, 2026, 36% of homes in Manchester, MI 48158 sold above their list price, the typical home went under contract in 62 days and there were 4.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 23 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 21%, homes sold more slowly (48 days then) and the median sale price rose 27% to $399,777. Overall, Manchester is more competitive than a year ago, so tougher for buyers.

Within Washtenaw County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 55%. On our competition score, Manchester ranks #347 of 510 MI ZIP codes with enough sales (score 51 out of 100).

Nearby, buyers who want less competition could look at Ann Arbor 48108 (24% sold over asking) or Ann Arbor 48105 (24% sold over asking), while Dexter 48130 (43% sold over asking) and Willis 48191 (43% sold over asking) are even more competitive.

Nearby markets

Ann Arbor 48103Seller’s market $288 /sq ftAnn Arbor 48104Seller’s market $393 /sq ftAnn Arbor 48105Seller’s market $264 /sq ftAnn Arbor 48108Seller’s market $234 /sq ft Browse all markets →

Where Manchester is

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Questions about Manchester real estate

Is Manchester a buyer’s or seller’s market?

A balanced market: there were 4.7 months of supply in Manchester, MI 48158 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Manchester?

The typical home went under contract in 62 days in the latest three months.

Do homes in Manchester sell over asking?

36% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.

What are property taxes in Manchester?

About 1.52% of a home’s value a year in Washtenaw County, or roughly $6,080 on a $400,000 home.

What is the median home price in Manchester?

The median sale price was $399,777 in the three months ending August 31, 2026, about $190 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology