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Featured local agent — Manhattan, KS
Sarah Mitchell
Compass Real Estate · Manhattan, KS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Manhattan, KS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$315,000median sale price
How is the Manhattan, KS housing market right now?
The median home sale price in Manhattan, KS is $315,000, up 10.5% year-over-year. Homes sell in an average of 17 days with 110 active listings. The market is currently a seller's 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 Manhattan a buyer's or seller's market?
Manhattan, KS is currently a seller's market, based on 1.4 months of supply and homes selling in about 17 days. How we determine this →
Homes sold
80
Last 12 weeks
Days on market
17
Fast-moving
Active listings
110
1.4 months supply
Sale-to-list
94.3%
Below asking
What does the Manhattan housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $315,000 |
| Median list price | $310,000 |
| Year-over-year price change | +10.5% |
| Average days on market | 17 days |
| Active inventory | 110 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 94.3% |
| Median price per sq ft | $155/sq ft |
| Homes sold (latest month) | 80 |
| New listings (latest month) | 85 |
| Listings with a price cut | 35.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Manhattan by property type?
How the Manhattan, KS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $315,000 | $154/sq ft | 71 | 10 days |
| Condo / Co-op | $324,500 | $191/sq ft | 9 | 38 days |
| Townhouse | $415,000 | $109/sq ft | 1 | 41 days |
Source: Redfin · Updated monthly
The Manhattan housing market is currently classified as a seller's market with a median sale price of $315,000. Prices have risen 10.5% compared to last year, with homes spending an average of 17 days on market, indicating 1.4 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 5.1x provides context for how home values compare to local earning capacity.
Homes for sale in Manhattan
There are currently 110 homes listed for sale in Manhattan, Kansas. The median listing price is $310K.
Active listings
110
Homes on market
Median list price
$310K
Avg. days on market
17
Days until sale
New this week
85
Newly listed
Who lives in Manhattan?
Population
53,951
Median income
$58,441/yr
Median age
25.2 years
Owner-occupied
41.3%
College grads
52.1%
Avg commute
16.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Manhattan?
Zillow home value
$299,405
Zillow rent index
$1,293/mo
Price-to-rent ratio
19.3x
Price-to-income
5.1x
Source: Zillow Research
What is it like to live in Manhattan?
Manhattan is a community of approximately 54K residents with a median age of 25.2 years.The median household income is $58,441, which represents a working-class community with solid middle-income opportunities. 52.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 41.3%, showing a blend of owner and renter-occupied properties. The average commute time is 16.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Manhattan offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Manhattan?
13 schools tracked · 7,032 students
The largest public schools serving Manhattan, KS 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.
Manhattan High School
Grades 9-12 · 1,996 students
Susan B Anthony Middle School
Grades 6-8 · 762 students
Dwight D Eisenhower Middle School
Grades 6-8 · 756 students
Frank V Bergman Elem
Grades PK-5 · 555 students
Theo Roosevelt Elem
Grades PK-5 · 474 students
Marlatt Elem
Grades K-5 · 426 students
Amanda Arnold Elem
Grades K-5 · 419 students
Northview Elem
Grades K-5 · 403 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 Manhattan, KS?
Want a head-to-head view? Compare Manhattan side-by-side with any other U.S. city using our market-comparison tool.
Is Manhattan a good real estate investment market?
For investors evaluating Manhattan, the price-to-rent ratio of 19.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 10.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Manhattan's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Manhattan's median home price.
Frequently asked questions
What is the average home price in Manhattan?
The median home sale price in Manhattan is $315,000, up 10.5% from last year.
How long do homes stay on market in Manhattan?
Homes typically spend 17 days on market before going under contract.
What is the median income in Manhattan?
The median household income is $58,441 per year.
Is Manhattan a buyer's or seller's market?
With 1.4 months of supply, Manhattan is currently a seller's market.
What is the Zillow home value estimate for Manhattan?
The Zillow Home Value Index (ZHVI) for Manhattan is $299,405, representing the typical home value in the area.
What is the median condo price in Manhattan?
The median condo/co-op sale price in Manhattan, KS is $324,500, compared to $315,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Manhattan?
The median single-family home price in Manhattan, KS is $315,000 (about $154 per square foot).
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