Manhattan, IL, Real Estate
Manhattan, IL, is a charming small village in Will County, located about 40 miles southwest of Chicago. With a population of around 9,000, it offers a peaceful, tight-knit community atmosphere while maintaining convenient access to urban amenities. Known for its historic downtown, Manhattan features quaint shops, local eateries, and a strong sense of community pride. The village hosts events like the annual Manhattan Irish Fest, drawing visitors with its lively celebration of culture and heritage. Surrounded by scenic farmland and served by the Metra rail system, Manhattan blends rural tranquility with modern connectivity, making it an appealing spot for families and commuters alike.
Manhattan currently has 38 single family homes for sale with an average list price of $455,616.03, 8 townhouses for sale with an average list price of $309,924.88, 2 condos for sale with an average list price of $350,000, and 24 lots for sale with an average list price of $799,263.50. The average annual property tax for Manhattan is $8,470.70.
Schools
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Manhattan, i.e. what's hot and what's not.
See What's Hot & What's Not in Manhattan
Recent Sales
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Subdivisions
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Benck's Farm Estates is a single-family home community in Manhattan, Illinois, built between 2013 and 2020. It currently has no homes for sale. The homes range in size from 1,600 ft2 to 3,506 ft2. The HOA fees range from $10 to $14 per month. The average annual property tax for Benck's Farm Estates is $11,241.89. It is located in Will County.
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Median Price: $479,900 |
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Billingham Estates is a single-family home community in Manhattan, Illinois, built between 1990 and 2006. It currently has no homes for sale. The homes range in size from 1,900 ft2 to 3,555 ft2. The average annual property tax for Billingham Estates is $14,616.89. It is located in Will County. Billingham Estates is a single family home subdivision built starting in the late 1990's. Billingham Estates is located in Manhattan, Illinois south of Stuenkel Road and east of Schoolhouse Road.
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Median Price: $750,000 |
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Brookstone Springs is a townhouse, single-family home, and condo community in Manhattan, Illinois, built between 2005 and 2010. It currently has 2 townhouses for sale with an average list price of $269,900. The homes range in size from 1,382 ft2 to 3,568 ft2. The HOA fees range from $8 to $165 per month. The average annual property tax for Brookstone Springs is $7,997.80. It is located in Will County. Brookstone Springs is a townhouse community built starting in the mid 2010's. Brookstone Springs is located in Manhattan, Illinois west of Eastern Avenue and south of Smith Road.
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Median Price: $288,000 |
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Butternut Ridge is a single-family home community in Manhattan, Illinois, built between 2008 and 2016. It currently has no homes for sale. The homes range in size from 2,035 ft2 to 3,568 ft2. The HOA fees range from $400 to $400 per month. The average annual property tax for Butternut Ridge is $9,400.30. It is located in Will County. Butternut Ridge is a single family home subdivision built starting in the mid 2010's. Butternut Ridge is located in Manhattan, Illinois west of Cedar Road and south of Smith Road.
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Median Price: $464,000 |
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Century East is a single-family home community in Manhattan, Illinois, built between 1989 and 1999. It currently has 1 single family home for sale with a list price of $419,000. The homes range in size from 1,838 ft2 to 3,300 ft2. The average annual property tax for Century East is $9,171.49. It is located in Will County. Century East is a single family home subdivision built starting in the late 1980's. Century East is located in Manhattan, Illinois west of Cedar Road and south of Manhattan-Monee Road.
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Median Price: $385,000 |
Show all 18 Subdivisions
Subdivisions
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Market Trends
Manhattan home sales for the month of November decreased in volume by 36.8% when compared to last year, while the median sale price decreased by 11.6% from $430,000 to $379,950. House sales decreased by 40%, while the median sale price decreased by 1% from $441,990 to $437,500. Condo sales rose by 50%, while the median sale price decreased by 19.6% from $285,900 to $230,000.
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308
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192
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130
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155
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2022 |
2023 |
2024 |
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$282,000
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$322,450
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$394,789.50
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$385,000
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Median Sale Price for Manhattan
Number of Sales for Manhattan
Market Trends
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Real Estate News
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Manhattan had 3 sales during the week of Tuesday, December 2 to Monday, December 8, including including 3 single family homes for sale with an average list price of $463,233.33.
$249,900
320 ...
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Manhattan had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, November 29 to Friday, December 5, and it ...
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Manhattan had 2 new homes for sale during the week of Friday, November 28 to Thursday, December 4, including including 1 single family home for sale with a list price ...
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Manhattan had 5 new construction homes during the week of Wednesday, November 26 to Tuesday, December 2, including 5 single family homes for sale with an average list price of ...
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Manhattan had 2 sales during the week of Tuesday, November 25 to Monday, December 1, including including 1 single family home for sale with a list price of $409,900 and ...
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Real Estate News
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