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Area data

Manchester, CT — ZIP 06040

Population: 35,813 (Census ACS)

The median home value in ZIP 06040 (Manchester, CT) is $346,712 — up 4.7% over the past year. Homes sell for a median $401,000 after a median 14 days on market. Typical rent runs $1,806/month. 9 schools serve the area (NCES). Cost of living is 7.0% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$346,712

Median home value

+4.7%

1-year change

14

Median days on market

Home values & appreciation

Median home value
$346,712
1-year appreciation
+4.7%
3-year appreciation
+20.2%
5-year appreciation
+40.5%
10-year appreciation
+88.9%
All-time peak (2026-07)
$346,712
House Price Index (state)
307.7 (+3.7% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$401,000
Median list price
$409,900
Median price per sqft
$198
1-year sale-price change
-1.0%
Median days on market
14 days
Homes sold (recent period)
6
For-sale inventory
51
Sale-to-list ratio
108.4%
Active listings
10
1-year forecast
+3.5%
Days to pending
11 days
New listings (monthly)
36

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,806/mo
1-year rent change
+6.3%
Studio fair-market rent
$1,280/mo
1BR fair-market rent
$1,470/mo
2BR fair-market rent
$1,860/mo
3BR fair-market rent
$2,230/mo
4BR fair-market rent
$2,530/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
107.0 (100 = US avg)
Electricity rate (state-level)
29.4¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
9
Elementary schools
5
Middle schools
2
High schools
2
Charter schools
1
School districts serving the area
Connecticut Technical Education and Career System, Odyssey Community School District, Manchester School District
Schools include
Howell Cheney Technical High School, Odyssey Community School, Highland Park School, Illing Middle School, Keeney School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

FEMA flood zone
X
Flood risk level
Minimal
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Precision Plating Corp. (7.3 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
62.0°F
Average low
44.0°F
Annual precipitation
56.5 in
Annual snowfall
20.7 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
43
Days with Good air quality
226
Days with Moderate air quality
132
Days with Unhealthy air quality
3
Highest AQI recorded (year)
166

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
15.8 / 20
Transit service frequency
488
Jobs reachable by car (30 min)
102,128
Jobs reachable by transit (45 min)
85,992

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
6
Nearest national park
Springfield Armory National Historic Site (24 mi)
National parks include
Springfield Armory National Historic Site, New England National Scenic Trail, Roger Williams National Memorial
Airports within 30 mi
33
Nearest airport
Hartford Brainard Airport (HFD) (7 mi)
Nearest major airport
Hartford Brainard Airport (HFD) (7 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
MANCHESTER MEMORIAL HOSPITAL
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
3.0 / 5
EV charging stations (within 10 mi)
234
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Housing stock

Median year housing built
1,953
Housing built before 1970
70.6%
Housing built 2000 or later
5.3%
Median annual property tax
$6,096
Mean commute to work
19 min
Households with broadband internet
80.2%

Source: Census ACS 5-year estimates (ZIP-level)

How it compares

ZIP 06040State medianUS median
Median home value$346,712$447,200$289,727
Median sale price$401,000$450,000$325,000
Median days on market14 days39 days51 days
Typical rent$1,806/mo$2,213/mo$1,808/mo
Median annual property tax$6,096$6,234$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 06040?
$346,712.
What is the median sale price in ZIP 06040?
$401,000.
How long do homes take to sell in ZIP 06040?
Median days on market: 14 days.
What is typical rent in ZIP 06040?
Typical rent: $1,806/month.
Is ZIP 06040 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the radon potential in ZIP 06040?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 06040?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 06040?
9 schools (5 elementary, 2 middle, 2 high) (NCES, 2022-23).
Is ZIP 06040 walkable?
Walkability index: 15.8/20 (EPA Smart Location Database).
What is the air quality in ZIP 06040?
Good. Median AQI: 43. (EPA AQI).
What is the cost of living in ZIP 06040?
Regional Price Parity: 107.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents