Investing in Manchester

Pittsburgh, Allegheny County, PA

Data updated Jul 19, 2026

For Sale: 8 Sold (12 mo): 12

Active Listings NOW

8
currently asking median $320,000
$19,900 - $470,000
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in Manchester, through . Live counts are tagged NOW.

Median Sold Price

$219,500
Trailing 12-month sold cohort - n=12

Median $/Sqft

$126
Trailing 12-month sold cohort - n=12

Median DOM

72 days
Trailing 12-month sold cohort - n=12

Cap Rate (at sold price)

6.37%
Median, trailing 12-month sold - n=7

ARV

$219,736
Median after-repair value, trailing 12-month sold - n=8

Median Rent

$1,864/mo
Median, trailing 12-month sold cohort - n=7
NOW Active listings today ACS U.S. Census ACS 2024

About Manchester

Manchester is a Pittsburgh neighborhood in Allegheny County, Pennsylvania. As of , DealScanner is tracking 8 active listings, currently asking a median of $320,000, a median projected flip ROI of 11.0% on current listings (at list price). Across 12 homes sold in Manchester over the trailing 12 months, the area has a median sold price of $219,500, a median 72 days on market, a median cap rate of 6.4% (at recorded sale price), an ARV of $219,736, a median rent of $1,864/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 8 homes currently for sale.

Census signals for Manchester include a DealScanner neighborhood class of C-, a median household income of $59,992, a renter share of 60.5%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 8 active listings in Manchester - as of

Flip ROI (at list price)
11.3%
Active listings, not negotiated MAO
Cap Rate (at list price)
6.5%
Active listings, not negotiated MAO
ARV (active listings)
$293,129
Rent (active listings)
$2,042
Avg Rehab (Flip)
$88,165
Avg Rehab (Rental)
$37,729
Typical Condition
Mid Range rehab

Market Velocity

How quickly properties are selling in Manchester. Days-on-market window: trailing 12 months.

6.9
Months Supply
14.6%
Absorption Rate
68
Median Days on Market
Buyer's Market - More inventory available. Buyers have negotiating power.

Price Trends Stable

Sale Prices (last 12 months)

Median Asking Price: $269,500
Median Sold Price: $219,500
Median Price Change: -18.6%

Price Per Square Foot (last 12 months)

Asking $/sqft: $146
Sold $/sqft: $126
$/sqft Trend: -14.2%
Properties in Manchester sell for 90.4% of list price on average.
70% of properties sold at asking price, 30% sold after a price reduction (avg -14.3%).

Rental Market 19 rented

Rental activity in Manchester over the last 12 months.

Median Rent (last 12 months)

Median Rent: $2,000/mo
Based on 19 rented properties in the last 12 months.
Avg. asking → closed change: -1.1%

Rental Velocity

Avg. Days to Rent: 16 days
Median Days to Rent: 9 days
Based on 13 properties with listing date data
85% of properties rented at asking price, 15% rented after a reduction (avg -7.0%).

Frequently Asked Questions

How many homes are for sale in Manchester right now?

DealScanner is tracking 8 active listings in Manchester as of Jul 19, 2026, currently asking a median of $320,000. Of those, 8 are actively for sale (not under contract or pending).

What is the median sold price in Manchester over the last 12 months?

The trailing 12-month median sold price across 12 closed sales in Manchester is $219,500. Sold-cohort medians are a more stable basis for area-level statistics than current asking prices, especially in neighborhoods with thin active inventory.

What is the typical cap rate in Manchester (last 12 months)?

Across 12 sold homes in Manchester over the trailing 12 months, the median cap rate at recorded sale price is 6.4% and the median monthly rent is $1,864. This uses each sale's Final Price with estimated rent and a 30% expense-ratio NOI model; the cap rate at a negotiated MAO would be higher.

When was Manchester data last updated?

Live market data on this page was last refreshed on Jul 19, 2026. DealScanner refreshes from MLS, county records, and public sources daily.

Neighborhood Demographics ACS

U.S. Census American Community Survey 2024 - tract aggregates for Manchester

Neighborhood Class
C-
Median Income
$59,992
Vacancy Rate
15.1%
Renter %
60%
Education (Bachelor's+)
35%
Poverty Rate
15.7%

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Read the Manchester 2026 Investment Guide

In-depth analysis of Manchester as a real estate investment market: investor profile, market sentiment, opportunity by strategy (BRRRR / flip / buy-and-hold), and answers to common questions.

Read Manchester 2026 Guide