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MANCHESTER, MI 48158

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The MANCHESTER, MI real estate market (48158) currently shows 22 active listings, with 10 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 51 days on market compared to 57 days last year.

The median listing price has fallen 3.9% year-over-year, from $389,900 to $374,750.

Whether you are buying or selling in MANCHESTER, MI, 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: 7,883  ·  Density: 32.0/mi²  ·  Median household income: $93,985

Typical home value: $290,336  ·  Homeownership: 89.0%

Market Overview

Active Listings
22
⇩ 4.3% vs 23 last year
Pending
10
45% pending ratio
Median Price
$374,750
⇩ 3.9% vs $389,900 last year
Average Price
$439,573
⇧ 10.2% vs $398,910 last year
Days on Market
51
⇩ 10.5% vs 57 days last year

Price Per Square Foot

Median $/sqft
$193
⇧ 17% vs $165/sqft last year
Median Home Size
2,070 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 22 this year vs 23 last year
  • Days on market: 51 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $374,750 (-3.9% YoY)
  • Average: $439,573 (+10.2% 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 19.6 miles — 629 listings ($324,764,181 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48158Manchester, MI 481580.0 mi19$7,181,050$369,900$377,950
49287Tipton, MI 492879.6 mi3$1,420,500$473,500$473,500
48118Chelsea, MI 4811810.8 mi23$10,672,161$379,900$464,007
48176Saline, MI 4817611.0 mi111$65,088,957$572,100$586,387
48103Ann Arbor, MI 4810311.9 mi109$73,608,245$525,000$675,305
48130Dexter, MI 4813015.2 mi33$24,420,660$619,419$740,020
49254Michigan Center, MI 4925415.7 mi7$1,626,191$206,950$232,313
49234Clarklake, MI 4923417.4 mi7$3,191,650$310,000$455,950
48104Ann Arbor, MI 4810417.6 mi77$61,461,246$399,000$798,198
49233Cement City, MI 4923318.3 mi14$4,825,744$286,750$344,696
49201Jackson, MI 4920119.2 mi113$45,230,284$350,400$400,268
49220Addison, MI 4922019.4 mi11$4,124,527$435,900$374,957
49203Jackson, MI 4920319.6 mi102$21,912,966$179,000$214,833

Frequently Asked Questions

How many homes are for sale in MANCHESTER, MI 48158?

As of February 2026, there are 22 active listings in MANCHESTER, MI (zip code 48158), compared to 23 the prior year.

What is the median home price in MANCHESTER, MI 48158?

The median listing price in MANCHESTER, MI 48158 is $374,750 as of February 2026, a 3.9% decrease from $389,900 the prior year.

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

Homes in MANCHESTER, MI 48158 spend an average of 51 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in MANCHESTER, MI 48158?

Based on current inventory and days-on-market data as of February 2026, MANCHESTER, MI 48158 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 51 days on market compared to 57 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MANCHESTER, MI 48158 save an estimated $7,495 compared to a typical 5% commission on the median listing price of $374,750. 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.