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 43 single family homes for sale with an average list price of $527,457.42, 7 townhouses for sale with an average list price of $274,971.43, 3 condos for sale with an average list price of $291,866.67, and 25 lots for sale with an average list price of $692,315.16. The average annual property tax for Manhattan is $8,290.69.

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Schools

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Absorption Report

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.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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Benck's Farm Estates

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 $494,900. The homes range in size from 1,600 ft2 to 3,506 ft2. The average annual property tax for Benck's Farm Estates is $11,241.89. It is located in Will County. ... Read more
Median Price: $477,000
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Billingham Estates

Billingham Estates is a single-family home community in Manhattan, Illinois, built between 1990 and 2006. It currently has 1 single family home for sale with a list price of $699,900. 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. ... Read more
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Brookstone Springs

Brookstone Springs is a townhouse, single-family home, and condo community in Manhattan, Illinois, built between 2005 and 2010. It currently has 1 single family home for sale with a list price of $409,900. The homes range in size from 1,500 ft2 to 3,568 ft2. The average annual property tax for Brookstone Springs is $7,734.85. 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. ... Read more
Median Price: $270,700
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Butternut Ridge

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 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. ... Read more
Median Price: $464,000
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Century East

Century East is a single-family home community in Manhattan, Illinois, built between 1989 and 1999. It currently has no homes for sale. The homes range in size from 2,136 ft2 to 2,523 ft2. The average annual property tax for Century East is $9,061.46. 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. ... Read more
Median Price: $385,000
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Subdivisions

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Market Trends

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Real Estate News

New Homes For Sale This Week in Manhattan: July 18th to July 24th

New Homes For Sale This Week in Manhattan: July 18th to July 24th - July 25, 2025

Manhattan had 7 new homes for sale during the week of Friday, July 18 to Thursday, July 24, including including 6 single family homes for sale with an average list ... continue reading
Homes Just Sold in Manhattan: July 15th to July 21st

Homes Just Sold in Manhattan: July 15th to July 21st - July 22, 2025

Manhattan had 8 sales during the week of Tuesday, July 15 to Monday, July 21, including including 7 single family homes for sale with an average list price of $465,568.57 ... continue reading
New Homes For Sale This Week in Manhattan: July 11th to July 17th

New Homes For Sale This Week in Manhattan: July 11th to July 17th - July 18, 2025

Manhattan had 5 new homes for sale during the week of Friday, July 11 to Thursday, July 17, including including 3 single family homes for sale with an average list ... continue reading
New Construction Homes For Sale This Week in Manhattan: July 9th to July 15th

New Construction Homes For Sale This Week in Manhattan: July 9th to July 15th - July 16, 2025

Manhattan had 3 new construction homes during the week of Wednesday, July 9 to Tuesday, July 15, including 3 single family homes for sale with an average list price of ... continue reading
Homes Just Sold in Manhattan: July 8th to July 14th

Homes Just Sold in Manhattan: July 8th to July 14th - July 15, 2025

Manhattan had 2 sales during the week of Tuesday, July 8 to Monday, July 14, including including 2 single family homes for sale with an average list price of $474,900. $439,900 14415 ... continue reading
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