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MANCHESTER, CT 06040

Real Estate Market Report  ·  Capitol Planning Region County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MANCHESTER, CT real estate market (06040) currently shows 43 active listings, with 22 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 22 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 46 days on market compared to 42 days last year.

The median listing price has fallen 13.4% year-over-year, from $412,300 to $356,900.

Whether you are buying or selling in MANCHESTER, CT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 36,847  ·  Density: 840.5/mi²  ·  Median household income: $80,426

Typical home value: $229,888  ·  Homeownership: 52.8%

Market Overview

Active Listings
43
⇩ 33.8% vs 65 last year
Pending
22
51% pending ratio
Median Price
$356,900
⇩ 13.4% vs $412,300 last year
Average Price
$445,193
⇧ 3% vs $432,019 last year
Days on Market
46
⇧ 9.5% vs 42 days last year

Price Per Square Foot

Median $/sqft
$244
⇧ 6.6% vs $229/sqft last year
Median Home Size
1,594 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 43 this year vs 65 last year
  • Days on market: 46 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $356,900 (-13.4% YoY)
  • Average: $445,193 (+3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.9 miles — 337 listings ($155,154,393 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06040Manchester, CT 060400.0 mi41$17,828,727$349,000$434,847
06033Glastonbury, CT 060333.9 mi39$27,469,728$419,950$704,352
06118East Hartford, CT 061184.6 mi37$11,559,540$310,000$312,420
06074South Windsor, CT 060745.7 mi37$14,837,962$377,000$401,026
06073South Glastonbury, CT 060737.6 mi6$4,540,500$756,750$756,750
06103Hartford, CT 061037.6 mi8$2,098,168$215,000$262,271
06232Andover, CT 062327.8 mi3$1,125,000$375,000$375,000
06109Wethersfield, CT 061098.7 mi55$29,449,915$442,450$535,453
06112Hartford, CT 061129.3 mi14$4,950,862$350,000$353,633
06447Marlborough, CT 064479.5 mi10$5,116,870$482,500$511,687
06016Broad Brook, CT 060169.9 mi16$8,931,728$522,500$558,233
06119West Hartford, CT 0611910.5 mi15$5,594,505$387,450$372,967
06095Windsor, CT 0609510.9 mi56$21,650,888$382,450$386,623

Frequently Asked Questions

How many homes are for sale in MANCHESTER, CT 06040?

As of February 2026, there are 43 active listings in MANCHESTER, CT (zip code 06040), compared to 65 the prior year.

What is the median home price in MANCHESTER, CT 06040?

The median listing price in MANCHESTER, CT 06040 is $356,900 as of February 2026, a 13.4% decrease from $412,300 the prior year.

How long do homes stay on the market in MANCHESTER, CT?

Homes in MANCHESTER, CT 06040 spend an average of 46 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in MANCHESTER, CT 06040?

Based on current inventory and days-on-market data as of February 2026, MANCHESTER, CT 06040 is currently a Balanced Market. Inventory has tightened compared to last year, with 22 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 46 days on market compared to 42 days last year.

How much can I save on real estate commission in MANCHESTER, CT?

With SELL123.com's maximum 3% commission, sellers in MANCHESTER, CT 06040 save an estimated $7,138 compared to a typical 5% commission on the median listing price of $356,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.