Manassas Home Prices Slide Year-Over-Year as Listings Build Into Spring
Manassas, VA – March 10, 2026 – Home prices dipped from a year ago while inventory expanded, giving buyers more leverage heading into spring.
The Manassas housing market is entering spring with softer prices and more breathing room for buyers.
Top takeaways
- Median sale price was $390,000 in January 2026, down 11.4% year-over-year.
- Homes are taking longer to sell, averaging 81 days on market.
- Active listings stood at 183 at the end of January.
- Average home value estimate is about $544,000, up 0.7% from a year ago.
Market snapshot
Recent sales data show a cooldown compared with early 2025. In January, 24 homes sold, fewer than a year earlier, and the median days on market stretched to nearly three months. At the same time, price per square foot edged higher year-over-year, suggesting selective demand for well-updated properties.
Zillow’s latest home value index for the city places the typical home around $544,000, with properties going pending in roughly 16 days on average. Inventory reached 183 homes at the end of January, offering more choice than many buyers saw last spring.
What’s for sale
Current listings range from established single-family homes in mature neighborhoods to newer townhomes and condos. Builders continue delivering townhome product in and around the city, adding competition for resale sellers. Price points span from the mid-$300,000s for smaller attached homes to well above $700,000 for larger detached properties.
With national mortgage rates hovering near 6% in recent forecasts, affordability remains a key factor shaping demand as the spring market unfolds.
Outlook
The combination of slower sales, rising days on market, and steady inventory points to a more balanced environment than the frenzied conditions of recent years. Buyers may find more room to negotiate, while sellers are adjusting pricing expectations to meet current demand.
What are you seeing in your neighborhood: more listings, price cuts, or quick contracts?
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