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 59 single family homes for sale with an average list price of $499,291.63, 5 townhouses for sale with an average list price of $269,280, 7 condos for sale with an average list price of $285,057.14, and 28 lots for sale with an average list price of $649,767.11. The average annual property tax for Manhattan is $8,327.44.
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 1 single family home for sale with a list price of $484,900. 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: $477,000 |
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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 1 condo for sale with a list price of $280,000. The homes range in size from 1,500 ft2 to 3,568 ft2. The HOA fees range from $8 to $165 per month. The average annual property tax for Brookstone Springs is $7,762.06. 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: $271,950 |
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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 2 single family homes for sale with an average list price of $404,450. The homes range in size from 2,136 ft2 to 3,300 ft2. The average annual property tax for Century East is $9,151.28. 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 August decreased in volume by 35% when compared to last year, while the median sale price rose by 22.4% from $375,000 to $458,990. House sales decreased by 16.7%, while the median sale price rose by 17.2% from $435,495 to $510,250. Townhouse sales decreased by 50%, while the median sale price decreased by 7.3% from $285,820 to $265,000.
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308
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195
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141
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168
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2022 |
2023 |
2024 |
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$282,000
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$318,000
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$380,500
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$384,995
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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 only 1 sale during the week of Tuesday, September 2 to Monday, September 8, including and it was a single family home for sale with a list price ...
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Manhattan had 3 new homes for sale with a master bedroom on the first floor during the month of Saturday, August 30 to Friday, September 5, including 3 single ...
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Manhattan had 7 new homes for sale during the week of Friday, August 29 to Thursday, September 4, including including 6 single family homes for sale with an average list ...
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Manhattan had only 1 new construction home during the week of Wednesday, August 27 to Tuesday, September 2, and it was a single family home for sale with a list ...
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Manhattan had only 1 sale during the week of Tuesday, August 26 to Monday, September 1, including and it was a single family home for sale with a list price ...
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Real Estate News
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