Why Live in Manchester
Manchester, one of Richmond’s fastest-growing neighborhoods, has transformed from a former industrial area into a trendy locale. The neighborhood features sleek neo-industrial buildings housing restaurants and midrise condos, with rowhomes near the James River. While residents have long requested a major grocery store, the area’s downtown skyline views and access to nature continue to attract homebuyers. Hull Street, leading into the Mayo Bridge, offers a mix of old and new dining options, including Croaker’s Spot for soul food and Pig and Brew for southern barbecue. Café Zata and Legend Brewing provide additional dining experiences. Home styles in Manchester vary from single-owner homes and modern colonial houses to American Foursquare homes, with bold brick and metal facades closer to the riverfront. Alice Fitz Playground offers a community garden, play area, and basketball court, while the Buttermilk Trail provides a 4.5-mile path for hiking and biking along the river. Residents can easily access Brown’s Island via the Potterfield Bridge for events like Friday Cheers and the Richmond Folk Festival. Manchester’s grid layout, wide sidewalks, and pedestrian-friendly bridges make it ideal for walking, with public transportation and an on-ramp to Interstate 95 enhancing its commuter appeal.
Home Trends in Manchester, VA
On average, homes in Manchester, Richmond sell after 63 days on the market compared to the national average of 51 days. The median sale price for homes in Manchester, Richmond over the last 12 months is $340,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$340,000
Median Single Family Sale Price
$495,000
Median Townhouse Sale Price
$894,500
Median 2 Bedroom Sale Price
$228,000
Median 1 Bedroom Sale Price
$237,000
Average Price Per Sq Ft
$285
Number of Homes for Sale
18
Last 12 months Home Sales
9
Median List Price
$795,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
8%