Manhattan, IL Home Values & Market Trends

Real estate market trends reflect that there have been 170 transactions over the past year in Manhattan. The median value for residential home transactions that occurred over the previous year is $350,642.98. The number of current listings in Manhattan is 3, and the percentage of properties for sale in the city is 3.00%. Manhattan, IL currently has 21 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 3 properties for sale.

Manhattan, IL Real Estate Market Overview

ZipMedian Est. Value
60442

$ 377,500

$ 176/sqft

Housing Market Summary for Manhattan, IL

Apr 2023March 2024Change
Median Listing Price$269.9K$311K15.22%
Median Sold Price$360.7K$311K-13.79%
Homes For Sale3566.67%
Homes Sold83874.82%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Manhattan, IL

Manhattan home values range from $30,516 to $1,519,571. The median estimated value of a home in Manhattan is $350,642.98. The median list price of a home is 269,900, and the total count of properties in the city is 3,907.

Foreclosure
There is 1 zips within Manhattan, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $584,130 in 60442 to the lowest value of $219,375 in 60442. Foreclosure homes account for 0.00% of properties in Manhattan, IL with 60442 containing 21 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.44% of all residential properties in Manhattan, IL with 60442 containing 17 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Manhattan, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $584,130 in 60442 to the lowest home value of $224,638 in 60442.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Manhattan, IL ranges from the highest value of $234,000 in 60442 to the lowest value of $234,000 in 60442. Bank owned homes and properties account for 0.03% of properties in Manhattan, IL. There is 1 zips within Manhattan, IL; 60442 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60442 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Manhattan, IL. Auction homes and other auction properties account for 0.08% of all properties in Manhattan, IL. There is 1 zips within Manhattan, IL; of that zips, the median estimated home value for homes going to auction ranges from $298,205 in 60442 to the lowest value of $219,375 in 60442.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.08% of residential properties in Manhattan, IL with 60442 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Manhattan, IL; homes for sale in that zips, have a range of median values from $599,999 in 60442 to the lowest value of $234,000 in 60442.
    Sold Homes
    The median value for recently sold homes ranges from $995,039 in 60442 to the lowest price of $30,516 in 60442. There is 1 zips within Manhattan, IL. 60442 has 88 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.25% of properties in Manhattan, IL.

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      Guide for Manhattan, IL

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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
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      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

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      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.