The story of this market
The typical home in ZIP 48158 sells for about $298,100, or $205 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $948 a month.
ZIP 48158 — Manchester
The 48158 housing market shows steady demand with a median listing price of $374.5K, reflecting strong value for sellers. While inventory remains tight, the market is characterized by a slower pace of sales compared to urban centers, driven by its rural appeal and commuter-friendly location. Figures for active inventory and price cuts are based on current portal listings.
This ZIP is ideal for families and commuters who prioritize a quiet, small-town atmosphere and rural space while maintaining access to the Ann Arbor job market.
Median prices moved up 2.4% year over year.
Homes spend a median of 68 days on market with 5.1 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.3% · poverty 7.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 48158, Washtenaw County MI
The area is primarily served by Manchester Community Schools, which maintains a small-town educational environment with generally stable performance ratings.
The region is subject to standard Midwestern weather risks, including seasonal wind and storm events; flood risk is localized to areas near the River Raisin.
Economic momentum is driven by proximity to the Ann Arbor employment hub, with local development focused on low-density residential expansion and preservation of rural character.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Residents primarily commute via M-52 and local county roads toward Ann Arbor and the broader Washtenaw County employment core.
The area features access to the River Raisin, local parks such as Carr Park, and proximity to regional trail systems and rural golf courses.
The rental market is characterized by low inventory and high demand from commuters seeking a rural lifestyle within reach of Ann Arbor.
The local economy is supported by small businesses, agriculture, and a significant commuter population working in the Ann Arbor and Detroit metro areas.
Transportation is heavily reliant on private vehicles, with M-52 serving as the primary north-south corridor connecting to I-94.
Development is largely focused on infill residential projects and small-scale commercial improvements within the village limits.
Parcels are subject to Manchester Community Schools district taxes and Washtenaw County millages.
Standard property insurance coverage is available, with premiums influenced by regional weather patterns and proximity to fire services.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Michigan Stadium4.817.1 mi
- Michigan International Speedway4.711.7 mi
- Crisler Center4.817.2 mi
- BIG Best In Games - The Ultimate Event Party Venue!4.619.4 mi
- Michigan Theater4.717.9 mi
- Hidden Lake Gardens4.88.5 mi
- The Chelsea TreeHouse4.511.4 mi
- TimberTown4.712.6 mi
- Mystery Hill4.37.9 mi
- Mill Pond Park4.612.6 mi
- Ann Arbor Hands-On Museum4.717.8 mi
- University of Michigan Museum of Natural History4.718.3 mi
- University of Michigan Museum of Art4.817.9 mi
- Kelsey Museum of Archaeology4.817.9 mi
- HOMES Campus - Beer Garden & Taproom4.715.5 mi
- Hidden Lake Gardens4.88.5 mi
- W.J. Hayes State Park4.57.5 mi
- TimberTown4.712.6 mi
- Mill Pond Park4.612.6 mi
- The Pit4.610.7 mi
- Clarklake Beach & Boat Club4.714.3 mi
- Devils Lake Yacht Club4.617.6 mi
- Wonderland Marine West4.220 mi
- Pierce Lake Golf Course4.411.1 mi
- Rustic Glen Golf Club4.37.8 mi
- Brookside Golf Course-Saline4.213 mi
- Gauci Golf Resort4.38.5 mi
- Hill's Heart of the Lakes Golf Course4.710.6 mi
- Busch's Fresh Food Market4.25.5 mi
- Jerry's Market4.610.1 mi
- Chelsea Shopping Center4.311.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides recreational opportunities including fishing and kayaking.
Local community park with sports fields and picnic areas.
Historic downtown area with local businesses and restaurants.
Key-figure check: median price diverges 25.6% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $374,500 (25.6% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $374,500 (+25.6% vs the published ten-year series (2024)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.