Manchester, MI Real Estate
According to census data in the year 2000 there were 933 housing units in Manchester.
This represents a 38.2% growth from 675 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 933 were located in what is classified as a rural area.
Homeownership rate in Manchester is about 73.2%.
Manchester's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Manchester were built after 1954.
|Housing Units by Size|
|Five Bedrooms or more||2.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.46|
|Median year structure was built||1951|
|Median Value of occupied units||$140,900|
|Median Price asked for vacant units||$122,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.27|
|Median year structure was built||1970|
|Median Monthly Rent asked for vacant units||$642|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||11.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.8%|