Housing in Manhattan, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$363,000
Median List Price
$433,990
Price Per Sq Ft
$171
Days on Market
74
Active Inventory
34
Months of Supply
3.8
Seller's market
Zillow Home Value
$381,635
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
98.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
9
New Listings
14
Pending Sales
12
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$171
Median List $/SF
$206
Manhattan vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Manhattan is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$314,400
Median Rent
$1,220
Total Housing Units
3,413
Vacancy Rate
2.6%
Owner Occupied
88.4%
Renter Occupied
11.6%
Median Property Tax
$8,571
per year
Monthly Cost (w/ Mortgage)
$2,093
Housing Types
The current median sale price in Manhattan, IL is $363,000 according to Redfin data. Homes spend a median of 74 days on the market. 0.0% of homes sold above asking price. The market has 3.8 months of supply. The median price per square foot is $171. The median rent is $1,220 per month (Census ACS). About 88.4% of housing units are owner-occupied. The median year homes were built is 2004. There are 3,413 total housing units.