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
Zip | Median Est. Value |
---|---|
60442 | $ 377,500 $ 176/sqft |
Housing Market Summary for Manhattan, IL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $269.9K | $311K | 15.22% |
Median Sold Price | $360.7K | $311K | -13.79% |
Homes For Sale | 3 | 5 | 66.67% |
Homes Sold | 83 | 87 | 4.82% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Manhattan, IL
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctions60442 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.
Compare Nearby Cities
More Real Estate Resources for Manhattan, IL
Guide for Manhattan, IL
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?
RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.
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.