Manchester, NH

Population: 110,378
Average annual home appreciation rate: 8.73%
Total of homes for sale in this market: 370
Median home price: $221,464
Median Rent: $1,157/room
Home price range: 47.67% of homes are between $205,001 – $307,000
Median sales price: No Data
Number of homes: 176
Median foreclosure sales price: $153,625
Foreclosure discount: No data
Most common home type: 37.20% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 8.24%
Number of renters: 52.00%
Number of owner occupied: 48.00%
Number people living below poverty level: 14.24%
Unemployment rate: 3.50%
Is this area perfect for real estate deals going on right now? Manchester has had a decade of positive growth and home appreciation rates. Not the strongest, but one of the steadiest when it comes to price increases. There are some highlights one could point out that would turn the attention of real estate investors their way, and one was already mentioned… Steady appreciation. Others, The overall lower home prices, and the higher rental rates… and let’s not forget “troubled properties”…. Those that are in need of special attention and are owned by motivated sellers…There can be some great discounts there if played the right way. Statistically speaking… there are more troubled homes than overall homes for sell according to realtytrac.com.

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