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Single-family Foreclosures in Manhattan, IL

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Manhattan, IL Foreclosures

How much do homes sell for in Manhattan, IL?
The average home price is currently $395,040.
In Manhattan, IL, how many homes are available?
There are currently 80 active home listings available in Manhattan.
What’s the average rental cost in Manhattan, IL?
The average rental price in Manhattan is $1,921.
What is the most expensive home in Manhattan?
The most expensive home sold in Manhattan had a price of $3,079,046.
What is currently the cheapest priced home in Manhattan, IL?
The cheapest home for sale in Manhattan is priced at $13,957.

Living in Manhattan, IL

Manhattan, IL is a picturesque village that combines small-town charm with modern conveniences. It offers a peaceful lifestyle with access to nature, parks, and a supportive community. The area features good schools, local businesses, and a friendly environment for families and individuals alike.

Current Market Conditions in Manhattan, IL

Manhattan's real estate market is currently experiencing steady growth, with an increase in demand for single-family homes. The village's appealing suburban environment and proximity to larger urban areas make it an attractive option for homebuyers. Over the past year, prices have generally risen, reflecting the strong interest in the area.

As more people seek refuge from busy city life, Manhattan has seen an influx of buyers looking for more space and affordable housing, contributing to a competitive market.

Home Value Estimator For Manhattan, IL

There are currently 4,721 real estate properties in Manhattan, IL, with a median automated valuation model (AVM) price of $390,434.00. 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 $395,040.00, with the most expensive house in Manhattan, IL, topping out at $3,079,046.00 and the cheapest home in Manhattan, IL, clocking in at $13,957.00. 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 $1,921.00. 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 Single-family Homes


Market Trend for Manhattan, IL

Total Listings Available: 80

Market Values:

Home Prices from $13,957 to $3,079,046

Average Sales Price: $395,040

Rental Values:

Rental from $620 to $3,680

Average Rent Value: $1,921 / month

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