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Featured local agent — Manitowoc, WI
Sarah Mitchell
Compass Real Estate · Manitowoc, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Manitowoc, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$229,900median sale price
How is the Manitowoc, WI housing market right now?
The median home sale price in Manitowoc, WI is $229,900, up 6.8% year-over-year. Homes sell in an average of 47 days with 89 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 Manitowoc a buyer's or seller's market?
Manitowoc, WI is currently a seller's market, based on 2.2 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
40
Last 12 weeks
Days on market
47
Average pace
Active listings
89
2.2 months supply
Sale-to-list
98.8%
Below asking
What does the Manitowoc housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $229,900 |
| Median list price | $244,900 |
| Year-over-year price change | +6.8% |
| Average days on market | 47 days |
| Active inventory | 89 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $154/sq ft |
| Homes sold (latest month) | 40 |
| New listings (latest month) | 49 |
| Listings with a price cut | 11.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Manitowoc by property type?
How the Manitowoc, WI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $229,900 | $160/sq ft | 34 | 47 days |
| Condo / Co-op | $270,000 | $212/sq ft | 1 | 44 days |
Source: Redfin · Updated monthly
The Manitowoc housing market is currently classified as a seller's market with a median sale price of $229,900. Prices have risen 6.8% compared to last year, with homes spending an average of 47 days on market, indicating 2.2 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 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Manitowoc
There are currently 89 homes listed for sale in Manitowoc, Wisconsin. The median listing price is $245K.
Active listings
89
Homes on market
Median list price
$245K
Avg. days on market
47
Days until sale
New this week
49
Newly listed
Who lives in Manitowoc?
Population
34,553
Median income
$62,133/yr
Median age
43.1 years
Owner-occupied
65.6%
College grads
23.8%
Avg commute
17.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Manitowoc?
Zillow home value
$244,654
Zillow rent index
$1,192/mo
Price-to-rent ratio
17.1x
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Manitowoc?
Manitowoc is a community of approximately 35K residents with a median age of 43.1 years.The median household income is $62,133, which represents a working-class community with solid middle-income opportunities. 23.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Manitowoc offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Manitowoc?
11 schools tracked · 4,641 students
The largest public schools serving Manitowoc, WI 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.
Lincoln High
Grades 9-12 · 1,455 students
Washington Middle
Grades 6-8 · 503 students
Wilson Middle
Grades 6-8 · 471 students
Franklin Elementary
Grades K-5 · 395 students
Jackson Elementary
Grades K-5 · 353 students
Jefferson Elementary
Grades K-5 · 352 students
Riverview Elementary
Grades K-5 · 296 students
Monroe Elementary
Grades K-5 · 270 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 Manitowoc, WI?
Want a head-to-head view? Compare Manitowoc side-by-side with any other U.S. city using our market-comparison tool.
Is Manitowoc a good real estate investment market?
For investors evaluating Manitowoc, the price-to-rent ratio of 17.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.8% 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 Manitowoc's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Manitowoc's median home price.
Frequently asked questions
What is the average home price in Manitowoc?
The median home sale price in Manitowoc is $229,900, up 6.8% from last year.
How long do homes stay on market in Manitowoc?
Homes typically spend 47 days on market before going under contract.
What is the median income in Manitowoc?
The median household income is $62,133 per year.
Is Manitowoc a buyer's or seller's market?
With 2.2 months of supply, Manitowoc is currently a seller's market.
What is the Zillow home value estimate for Manitowoc?
The Zillow Home Value Index (ZHVI) for Manitowoc is $244,654, representing the typical home value in the area.
What is the median condo price in Manitowoc?
The median condo/co-op sale price in Manitowoc, WI is $270,000, compared to $229,900 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Manitowoc?
The median single-family home price in Manitowoc, WI is $229,900 (about $160 per square foot).
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