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Foreclosure Homes in Manhattan, IL

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Manhattan, IL Foreclosures

Current Market Conditions in in Manhattan, IL As of June 2026?
Home values: +1.31% MoM; rent: +0.00% MoM.
How much do homes sell for in Manhattan, IL?
The average home price is currently $405,705.
In Manhattan, IL, how many homes are available?
There are currently 159 active home listings available in Manhattan.
What’s the average rental cost in Manhattan, IL?
The average rental price in Manhattan is $1,920.
What is the most expensive home in Manhattan?
The most expensive home sold in Manhattan had a price of $4,819,079.
What is currently the cheapest priced home in Manhattan, IL?
The cheapest home for sale in Manhattan is priced at $10,750.

Living in Manhattan, IL

Manhattan, IL is a suburban-rural Will County market with Metra access, steady local amenities, and housing options ranging from established neighborhoods to larger-lot properties.

Buyer vs Seller Market in Manhattan, IL

Median home value: $394,207 as of 2026-05-14.

Median rent: $1,910 as of 2026-05-14.

Home values: +1.31% MoM, +7.03% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Manhattan, IL

There are currently 4,856 real estate properties in Manhattan, IL, with a median automated valuation model (AVM) price of $394,207.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Manhattan, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Manhattan, IL, is $405,705.00, with the most expensive house in Manhattan, IL, topping out at $4,819,079.00 and the cheapest home in Manhattan, IL, clocking in at $10,750.00. In other words, there’s something for every potential homebuyer or savvy investor in Manhattan, IL!

Rent Prices In Manhattan, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Manhattan, IL, is on a rollercoaster ride. The average rent price in Manhattan, IL, is $1,920.00. Indeed, when looking to rent in Manhattan, IL, you can expect to pay as little as $620.00 or as much as $3,680.00, with the average rent median estimated to be $1,910.00. The good news is that finding an affordable and desirable property to rent in Manhattan, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Manhattan, IL Foreclosures

Market Trend for Manhattan, IL

Total Listings Available: 159

Market Values:

Home Prices from $10,750 to $4,819,079

Average Sales Price: $405,705

Rental Values:

Rental from $620 to $3,680

Average Rent Value: $1,920 / month

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