Manor Entry-Level Homes: Can Buyers Afford Them?

Deal of the Week

Deal of the Week · 13316 Nelson Houser ST, Manor TX 78653 · MLS #7119262 · Listed by Morris Green Properties. ALEX valuation $269,000 is an ALEX Intelligence estimate, not an appraisal.

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $280,000 13316 Nelson Houser ST, Manor TX 78653 · MLS #7119262 Listed at $239,900, 3 bed, 2 bath, 1,489 sq ft. Listed 11% below the ALEX valuation; 5% under the local price per sq ft; price reduced 11% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183683601/13316-Nelson-Houser-ST-Manor-TX Lower-middle quartile: $280,000 to $340,000 13817 Eleanor Roosevelt ST, Manor TX 78653 · MLS #6418050 Listed at $325,000, 4 bed, 2.5 bath, 2,505 sq ft. Listed 3% below the ALEX valuation; 23% under the local price per sq ft; price reduced 7% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1179624762/13817-Eleanor-Roosevelt-ST-Manor-TX Upper-middle quartile: $340,000 to $393,000 20000 Schatz WAY, Manor TX 78653 · MLS #6998358 Listed at $349,990, 3 bed, 2 bath, 2,118 sq ft. Listed 10% below the ALEX valuation; price reduced 15% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1177383257/20000-Schatz-WAY-Manor-TX Upper quartile: $393,000 and up 17028 John Michael DR, Manor TX 78653 · MLS #8129240 Listed at $500,000, 4 bed, 3.5 bath, 2,790 sq ft. Listed 11% below the ALEX valuation; price reduced 17% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1180660495/17028-John-Michael-DR-Manor-TX

Key figures · Manor · September 2026

47 homes sold in Manor in September 2026 (unchanged on a year earlier).

Median sale price: $317,990 (down 7.2% on a year earlier).

Median price per square foot: $161.

Median days on market: 84.

Median sale price as a share of the original list price: 93.6%.

294 homes for sale now, about 5.9 months of supply at the pace of the last six months.

Source: Unlock MLS, September 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

What does it cost to buy an entry-level home in Manor right now? The median price for the bottom quartile of sales is $317,990 across 47 closed transactions in September. With a current mortgage rate of 7.32% from the Freddie Mac Primary Mortgage Market Survey dated October 22, 2026, monthly payments are higher than they were a year ago. ALEX Intelligence calculated affordability using a standard scenario: a 20% down payment on a median entry-level home at the current rate. The resulting principal and interest payment is $1,747 per month. To put this in perspective, a 3-2-1 buydown would lower that first-year payment to $1,262, saving buyers $485 monthly for the first year at a total cost of $11,820. A 2-1 buydown offers a smaller reduction, dropping the first-year payment to $1,416 with a total cost of $6,000. The median entry-level home size in September was 2,075 square feet, up 5.9% from August and 7.1% from last year. While prices for these homes are down 7.2% compared to September 2025, the higher interest rate means monthly costs remain elevated despite the lower purchase price. Buyers looking at the bottom quartile of the market should weigh the immediate savings on the home price against the cost of buydowns needed to reduce monthly payments. This analysis applies a hedonic model fit to local sales data to estimate value for entry-level properties, distinguishing them from the overall median sale price of $317,990 which includes all price tiers. The data reflects 47 closed sales in September, providing a robust view of current affordability conditions for first-time and budget-conscious buyers in Manor. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Director, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951