Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 4,623 people, 2,047 houses or apartments, and a median cost of homes of $410,728, Manlius real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Manlius, accounting for 54.14% of the village's housing units. Other types of housing that are prevalent in Manlius include large apartment complexes or high rise apartments ( 26.02%), duplexes, homes converted to apartments or other small apartment buildings ( 15.21%), and a few row houses and other attached homes ( 4.64%).
The most prevalent building size and type in Manlius are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 58.21% owning and 41.79% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Manlius's housing was primarily built during this period, from the '40s through the '60s. A full 42.66% of the village's housing hails from this era. Other housing ages represented in Manlius include homes built between 1970-1999 ( 41.85%) and housing constructed before 1939 ( 11.14%). There's also some housing in Manlius built between 2000 and later ( 4.35%).
Real estate appreciation rates in Manlius's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.27% during the period.
Appreciation rates are so strong in Manlius that despite a nationwide downturn in the housing market, Manlius real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Manlius appreciation rates continue to be some of the highest in America, at 11.62%, which is higher than appreciation rates in 92.75% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Manlius. Manlius appreciation rates in the latest quarter were at 1.77%, which equates to an annual appreciation rate of 7.28%.
Relative to New York, our data show that Manlius's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.
$410,728
for New york
for nation
2,047
$1,745 / per month