Manhattan, KS Foreclosures
Current Market Conditions in in Manhattan, KS As of March 2026?
In the past month, the Manhattan real estate market has seen a slight increase in home sales due to a drop in interest rates, making it more appealing for first-time buyers and investors. The average home prices have edged up by about 1% as competition increases, especially in desirable neighborhoods. This uptick has resulted in faster turnaround times for listings, with homes selling more quickly as buyers are eager to take advantage of improved financing options.
How much do homes sell for in Manhattan, KS?
The average home price is currently $295,124.
In Manhattan, KS, how many homes are available?
There are currently 2 active home listings available in Manhattan.
What’s the average rental cost in Manhattan, KS?
The average rental price in Manhattan is $1,372.
What is the most expensive home in Manhattan?
The most expensive home sold in Manhattan had a price of $14,213,689.
What is currently the cheapest priced home in Manhattan, KS?
The cheapest home for sale in Manhattan is priced at $15,526.
Living in Manhattan, KS
Manhattan, KS, often referred to as the Little Apple, is a charming college town that offers a vibrant lifestyle and a plethora of amenities. The city is home to Kansas State University and features diverse recreational opportunities, outdoor activities, and a strong sense of community. With a variety of local businesses and a welcoming atmosphere, Manhattan is an appealing place to live, work, and play.
Buyer vs Seller Market in Manhattan, KS
The real estate market in Manhattan has remained stable over the past year, with a consistent influx of buyers drawn by the educational and cultural offerings of the city. Homes in the area are generally affordable compared to larger urban centers, attracting families, students, and retirees alike. Due to the proximity to Kansas State University, there is a steady demand for rental properties, further bolstering the market.
Investors have started noticing the long-term growth potential in Manhattan, leading to a gradual increase in property values. The community's development plans and infrastructural improvements have created a favorable market environment, allowing existing homeowners to see their investments appreciate. Overall, Manhattan's real estate market is characterized by a healthy balance of supply and demand.
Home Value Estimator For Manhattan, KS
There are currently 26,880 real estate properties
in Manhattan, KS,
with a median automated valuation model (AVM) price
of $255,944.00. 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, KS, 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, KS,
is $295,124.00, with the most expensive house
in Manhattan, KS, topping out
at $14,213,689.00 and the cheapest home
in Manhattan, KS,
clocking in at $15,526.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Manhattan, KS!
Rent Prices
In Manhattan, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Manhattan, KS, is on
a rollercoaster ride. The
average rent price in Manhattan, KS,
is $1,372.00. Indeed, when looking to rent in
Manhattan, KS, you can expect to pay as little
as $610.00 or as much
as $3,920.00,
with the average rent median estimated to
be $1,320.00. The good news is that finding
an affordable and desirable property to rent in Manhattan, KS
-- 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.
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