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Central Manchester, CT Real Estate


According to census data in the year 2000 there were 13,629 housing units in Central Manchester. This represents a 1.4% growth from 13,443 in 1990.

Of those housing units, 13,629 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Central Manchester is about 54.1%. Central Manchester's vacancy rate, including seasonal lodging, is about 4%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Central Manchester were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom17.80%
Two Bedrooms31.60%
Three Bedrooms41.20%
Four Bedrooms6.90%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1948
Median Value of occupied units$113,200
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1947
Median Monthly Rent asked for vacant units$640

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage8.20%
Home Equity Loan8.10%
Simple Mortgage49.80%
Debt Free33.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.9%