Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$481,776−0.6% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 21% have cut their price
Income needed to buy, per year$104,439About 1.2× the local median income ($88,786): a stretch for a typical household
Days on market38 daysFaster than a year ago: sellers have the edge
Next 12 months+0.6%Zillow expects prices to rise slightly
The typical home in Manassas City, VA is worth $481,776, down 0.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $373,917, so the area is 28.8% overvalued. It is a buyer's market: homes take about 38 days to sell, listings are up 20% from a year ago, 21% of listings have had a price cut. Zillow expects prices to rise about 0.6% over the next year. A household needs about $104,439 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $88,786. Typical rent is $2,139 a month, or $2,853 for a house. In the latest IRS figures, 482 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$481,776
Change in 1 year
−0.6%
Overvalued %
+28.8%
Show 7 more
Fair home value
$373,917
Change in 5 years
+21.1%
Zillow forecast, next 12 months
+0.6%
Home value to income
5.4×
Monthly mortgage payment (20% down)
$2,611
Income needed to afford it
$104,439
Property tax rate
1.09%
Rent and investing
Typical rent
$2,139
Typical rent for houses
$2,853
Price-to-rent ratio
18.8×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$2,438
Gross rental yield
5.33%
Cap rate (estimate)
3.46%
Market activity
Listings vs a year ago
+20.5%
Days on market
38
Listings with a price cut
20.6%
Show 3 more
Homes for sale
88
Pending sales per 100 listings
43
Asking price per sq ft
$257
People and jobs
Median household income
$88,786
Population change (1 year)
+0.7%
Unemployment rate
3.8%
Show 4 more
Population
44,332
Income adjusted for cost of living
$81,530
Net moves in (IRS)
−482
Cost of living (US = 100)
108.9
Schools, risk and environment
School rating (1 to 10)
3.0
FEMA hazard risk score (0 to 100)
16.6
Flood risk score
31.7
Show 3 more
Wildfire risk score
0.8
Walkability (1 to 20)
13.1
Road, rail and air noise
51 dB
Questions people ask
Is Manassas City, VA overvalued?
Home prices in Manassas City, VA are well above what local incomes have historically supported: fair value is about $373,917, so the area is 28.8% overvalued.
Is Manassas City, VA a buyer's or seller's market?
Manassas City, VA is a buyer's market: homes take about 38 days to sell, listings are up 20% from a year ago, 21% of listings have had a price cut.
Are home prices going down in Manassas City, VA?
Home values in Manassas City, VA are down 0.6% over the last year. Zillow's forecast for the next 12 months is +0.6%.
How much do you need to earn to buy a home in Manassas City, VA?
A household needs about $104,439 a year to afford the typical home in Manassas City, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $88,786.