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Featured local agent — Manila, AR
Sarah Mitchell
Compass Real Estate · Manila, AR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Manila, AR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$235,200median sale price
How is the Manila, AR housing market right now?
The median home sale price in Manila, AR is $235,200, down 15.7% year-over-year. Homes sell in an average of 149 days with 28 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Manila a buyer's or seller's market?
Manila, AR is currently a balanced market, based on 2.8 months of supply and homes selling in about 149 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
149
Average pace
Active listings
28
2.8 months supply
Sale-to-list
96.2%
Below asking
What does the Manila housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $235,200 |
| Median list price | $194,900 |
| Year-over-year price change | -15.7% |
| Average days on market | 149 days |
| Active inventory | 28 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 96.2% |
| Median price per sq ft | $145/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 11 |
| Listings with a price cut | 14.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Manila by property type?
How the Manila, AR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $235,200 | $145/sq ft | 10 | 149 days |
Source: Redfin · Updated monthly
The Manila housing market is currently classified as a balanced market with a median sale price of $235,200. Prices have fallen 15.7% compared to last year, with homes spending an average of 149 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.1x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Manila
There are currently 28 homes listed for sale in Manila, Arkansas. The median listing price is $195K.
Active listings
28
Homes on market
Median list price
$195K
Avg. days on market
149
Days until sale
New this week
11
Newly listed
Who lives in Manila?
Population
3,675
Median income
$65,691/yr
Median age
31.2 years
Owner-occupied
63.0%
College grads
11.8%
Avg commute
28.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Manila?
Zillow home value
$204,658
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Manila?
Manila is a community of approximately 4K residents with a median age of 31.2 years.The median household income is $65,691, which represents a working-class community with solid middle-income opportunities. 11.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.0%, showing a blend of owner and renter-occupied properties. The average commute time is 28.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Manila offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Manila?
2 schools tracked · 1,106 students
The largest public schools serving Manila, AR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MANILA ELEMENTARY SCHOOL
Grades PK-6 · 613 students
MANILA HIGH SCHOOL
Grades 7-12 · 493 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Manila, AR?
Want a head-to-head view? Compare Manila side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Manila?
The median home sale price in Manila is $235,200, down 15.7% from last year.
How long do homes stay on market in Manila?
Homes typically spend 149 days on market before going under contract.
What is the median income in Manila?
The median household income is $65,691 per year.
Is Manila a buyer's or seller's market?
With 2.8 months of supply, Manila is currently a balanced market.
What is the Zillow home value estimate for Manila?
The Zillow Home Value Index (ZHVI) for Manila is $204,658, representing the typical home value in the area.
How much does a single-family home cost in Manila?
The median single-family home price in Manila, AR is $235,200 (about $145 per square foot).
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