Manhattan, KS metro area Housing Market

Warm Market

Comprehensive housing market data for the Manhattan, KS metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$268K

5.0% YoY

Days on Market

28 days

3.4% YoY

Active Inventory

293

14.9% YoY

Homes Sold

128

16.4% YoY

Warm Market

The market is active with moderate buyer demand.

Manhattan, KS metro area Market Summary

The Manhattan, KS metro area housing market is heating up. As of March 2026, the median home sale price is $268K, up 5.0% year-over-year. Homes are spending a median of 28 days on the market, 3.4% shorter than a year ago.

There are 293 homes for sale — 14.9% more than last year. With 2.3 months of supply, this is a seller's market. 226 new listings were added during this period, up 12.4% year-over-year.

Homes are selling for 102.8% of their list price on average, indicating buyers are paying above asking. 0.8% of homes sell above their asking price. 28.7% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

52

Contributing Factors

Months of Supply 2.3
Days on Market 28
Price Drops 28.7%
Sale-to-List Ratio 102.8%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $437K) 38.7%
Days on Market (National: 55) 49.1%
Inventory (National: 1,314,690) 100.0%

vs. Kansas Median

Median Price (Kansas: $302K) 11.5%
Days on Market (Kansas: 35) 20.0%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 39% below the national median, which could indicate stronger cash flow potential.

Manhattan, KS metro area Market Trends

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Detailed Market Metrics

Median List Price

$293K

Price per Sq Ft

$159

Sale-to-List Ratio

102.8%

Months of Supply

2.3

Sold Above List

0.8%

Price Drops

28.7%

New Listings

226

12.4% YoY

Pending Sales

204

Off Market in 2 Weeks

51.5%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.