Manor, Texas Real Estate & Housing Market

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Manor Housing Information

Index	Manor	Texas	National
Median home price	$149,500	$142,700	$184,700
Median rent asked	$1,201	$911	$949
Avg. people per household	3.4	2.8	2.6
Owner occupied households	79.9%	61.9%	63.6%
Renter occupied households	20.1%	38.1%	36.4%

The above shows an overview of the real estate market in Manor, TX. Note how the median home price for Manor, TX runs $149,500, which is 5% higher than the average property price for Texas. So you’re going to get real estate in Manor, TX that is on-average less affordable than what you’ll find in the rest of Texas. As for rent, the median for Manor, TX runs $1,201, which is comparatively 32% higher than the average rent for Texas. For Manor, TX, about 79.9% of the population consist of home owners with about 3.4 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Manor, TX offers a wide variety of real estate. To find your perfect home in Manor, TX, filter your choice by price, location, and number of beds and baths using the search area above.

Manor Home Affordability

When deciding where to purchase Manor, TX real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Manor, TX the median home price is $149,500 and $61,345 is the median household income. As a result, the home price to income ratio in Manor, TX is 2.4x, which is 7% lower than the Texas average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Manor, TX the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Manor, TX.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Garfield, TX	1,663	$82,900	55%
Camp Swift, TX	6,550	$99,600	46%
Elgin, TX	8,756	$108,300	41%
Webberville, TX	529	$121,600	34%
Hornsby Bend, TX	7,520	$121,800	34%
Manor, TX	7,145	$149,500	19%

Cities with similar population

City, State	Population	Home Price	National Avg.
Tallulah, LA	7,144	$57,600	69%
Vandenberg Village, CA	7,146	$328,900	78%
Boyes Hot Springs, CA	7,147	$479,100	159%
Yardville, NJ	7,147	$257,600	39%
Trumann, AR	7,143	$85,100	54%
Manor, TX	7,145	$149,500	19%

Source: The Manor, TX housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).