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Featured local agent — Manhattan, MT
Sarah Mitchell
Compass Real Estate · Manhattan, MT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Manhattan, MT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$669,500median sale price
How is the Manhattan, MT housing market right now?
The median home sale price in Manhattan, MT is $669,500, down 21.4% year-over-year. Homes sell in an average of 38 days with 16 active listings. The market is currently a buyer'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, MT is currently a buyer's market, based on 8.0 months of supply and homes selling in about 38 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
38
Average pace
Active listings
16
8.0 months supply
Sale-to-list
—
Below asking
What does the Manhattan housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $669,500 |
| Median list price | $855,000 |
| Year-over-year price change | -21.4% |
| Average days on market | 38 days |
| Active inventory | 16 listings |
| Months of supply | 8.0 months |
| Median price per sq ft | $319/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 8 |
| Listings with a price cut | 25.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Manhattan by property type?
How the Manhattan, MT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $669,500 | $319/sq ft | 2 | 38 days |
| Condo / Co-op | $375,000 | $230/sq ft | 1 | 38 days |
| Townhouse | $482,500 | $299/sq ft | 2 | 58 days |
Source: Redfin · Updated monthly
The Manhattan housing market is currently classified as a buyer's market with a median sale price of $669,500. Prices have fallen 21.4% compared to last year, with homes spending an average of 38 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 9.8x provides context for how home values compare to local earning capacity.
Homes for sale in Manhattan
There are currently 16 homes listed for sale in Manhattan, Montana. The median listing price is $855K.
Active listings
16
Homes on market
Median list price
$855K
Avg. days on market
38
Days until sale
New this week
8
Newly listed
Who lives in Manhattan?
Population
2,149
Median income
$69,671/yr
Median age
41.5 years
Owner-occupied
71.7%
College grads
32.9%
Avg commute
19.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Manhattan?
Zillow home value
$682,854
Price-to-income
9.8x
Source: Zillow Research
What is it like to live in Manhattan?
Manhattan is a community of approximately 2K residents with a median age of 41.5 years.The median household income is $69,671, which represents a working-class community with solid middle-income opportunities. 32.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 71.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.2 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?
4 schools tracked · 852 students
The largest public schools serving Manhattan, MT 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 Elem
Grades PK-5 · 259 students
Manhattan H S
Grades 9-12 · 241 students
Manhattan 6-8
Grades 6-8 · 186 students
Amsterdam School
Grades PK-6 · 166 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, MT?
Want a head-to-head view? Compare Manhattan side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Manhattan?
The median home sale price in Manhattan is $669,500, down 21.4% from last year.
How long do homes stay on market in Manhattan?
Homes typically spend 38 days on market before going under contract.
What is the median income in Manhattan?
The median household income is $69,671 per year.
Is Manhattan a buyer's or seller's market?
With 8.0 months of supply, Manhattan is currently a buyer's market.
What is the Zillow home value estimate for Manhattan?
The Zillow Home Value Index (ZHVI) for Manhattan is $682,854, 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, MT is $375,000, compared to $669,500 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, MT is $669,500 (about $319 per square foot).
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