The typical owner-occupied home in Manassas is worth about $214,300, 29% below the Georgia median of $303,300 and 36% below the national median of $332,700. Owners pay a median $1,250 a year in property taxes, about 0.58% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $105,208 a year, so the median home costs 2.0 times the median income (3.9 times for Georgia). 96% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Manassas at a glance
| Manassas | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $214,300 | $303,300 | $332,700 |
| Median property tax paid per year | $1,250 | $2,341 | $3,119 |
| Property tax as a share of value | 0.58% | 0.77% | 0.94% |
| Median household income | $105,208 | $77,353 | $80,734 |
| Homes lived in by their owners | 96% | 66% | 65% |
| Owner homes with a mortgage | 58% | 63% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,783 | $1,963 |
| Median rent | – | $1,393 | $1,413 |
| Median year homes were built | 1973 | 1992 | 1980 |
| Vacant homes | 41.9% | 10.3% | 10.1% |
| Population | 92 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Manassas
At this week's average 30-year rate of 7.11%, buying the median Manassas home of $214,300 with 20% down costs about $1,346 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,703, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $57,693 for the 20%-down payment. That payment is 15% of the median Manassas household income of $105,208; at that income and 20% down, the 28% guideline points to a home of about $391,000.
| Down payment | $42,860 |
|---|---|
| Loan amount | $171,440 |
| Principal and interest | $1,153 |
| Property taxes (0.58% a year) | $104 |
| Homeowners insurance (our estimate, 0.5% a year) | $89 |
| PMI | $0 |
| Total per month | $1,346 |
Change the numbers in the calculator
| Down payment | $7,500 |
|---|---|
| Loan amount | $210,418 |
| Principal and interest | $1,416 |
| Property taxes (0.58% a year) | $104 |
| Homeowners insurance (our estimate, 0.5% a year) | $89 |
| FHA mortgage insurance | $95 |
| Total per month | $1,703 |
Change the numbers in the calculator
Questions about home buying in Manassas
What is the median home value in Manassas?
About $214,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Manassas?
Homeowners pay a median $1,250 a year, which is about 0.58% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Manassas?
For the median home with 20% down at 7.11%, the payment is about $1,346 a month. Keeping that under 28% of gross income takes about $57,693 a year.
More about Manassas
- Mortgage Refinance in Manassas
- Debt Relief in Manassas
- Home Equity Loans in Manassas
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data