Metropolitan market · Kansas · September 2026 data

What is the Manhattan, KS real estate market doing?

As of September 2026, the median home listed in Manhattan, KS asks $308,975, up 9.6% year over year. Homes spend a median of 52 days on market, with 364 active listings and 23% carrying a price cut; pending contracts equal 50% of active listings, and inventory sits at 51% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 4.1%. Figures come from public records and industry data, updated monthly.

Median listing price
$308,975
▲ 9.6% YoY
Median $ / sq ft
$146
2,027 sq ft median
Median days on market
52
September 2026
Active listings
364
For sale now
New listings
142
September 2026
Listings with price cuts
23%
Share of active
Inventory vs 2019
51%
Same month, 2019 = 100
Pending / active
50%
Contract activity
Median sale price (closed)
$285,000
0.0% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
172
Closed sales · July 2026, seasonally adjusted

What is the Manhattan, KS housing market doing right now?

The Manhattan, KS housing market lists at a $308,975 median as of September 2026, up 9.6% year over year, with a 52-day median market time and 364 homes for sale (23% with a price cut). Active inventory is 51% of the 2019 level, reading as a balanced market by days-on-market pace. Gross rental yield is about 4.1%.

Manhattan housing market statistics

The table summarizes Manhattan's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Manhattan.

Manhattan, KS housing market at a glance — September 2026
MetricLatestDetail
Median listing price$308,975+9.6% YoY
Median price per sq ft$1462,027 sq ft median
Median days on market52+3% YoY
Active listings364+12% YoY
New listings this month142September 2026
Listings with a price cut23%Share of active
Median sale price (closed)$285,0000.0% YoY · closed sales, July 2026
Sale-to-list ration/aNon-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Pending-to-active ratio50.5%184 pending
Inventory vs 201951%Active listings vs same month in 2019
Gross rental yield4.1%2BR fair market rent

How have home prices changed in Manhattan?

Manhattan home prices are up 9.6% year over year and +3.0% month over month as of September 2026, at a $308,975 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$309K$300K$291K$283K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Manhattan KS · trailing 8 quarters · source: public records and industry data.

The 10-year view
$307K$273K$239K$204K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Manhattan KS · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Manhattan?

Manhattan has 364 active listings, 142 new this month, 184 pending as of September 2026. About 23% of active listings have cut their price, and inventory sits at 51% of its 2019 level — a balanced market by pace.

Active listings
364
New this month
142
Pending
184
Price-reduced
84

Is Manhattan a good real estate investment?

Manhattan scores 68/100 on WealthyBud's composite Investor Score, ranking #126 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
68/100
#126 of 933 covered metros
12-month outlook
+3.3%
▲ Rising · model output, not advice
Price volatility
Low
σ 3.7% · 20-yr price-index swings
Momentum
49
Value
74
Rental yield
55
Supply risk
9
Market heat
76

Manhattan scores 68/100 on our composite Investor Score (#126 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 41% over five years and +61% over ten, leaving prices 16% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,063/mo for a two-bedroom, the gross rental yield on the median listing is about 4.1%; active inventory sits at 51% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 9.6% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Manhattan ranks on the trending markets index.

How much is a monthly mortgage payment in Manhattan?

A home at Manhattan's $308,975 median listing runs about $1,691 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,527/mo
−$164/mo vs today
At today's rate · 7.28%
$1,691/mo
National weekly average
If rates rise 1% · 8.28%
$1,862/mo
+$171/mo vs today

Principal & interest on the $308,975 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Manhattan?

To buy Manhattan’s $308,975 median listing with 20% down, a household needs about $87,000 a year in gross income, keeping principal, interest and property tax ($2,039/mo) at 28% of income. That is 1.4× the area’s $64,096 median household income, so a typical Manhattan household cannot afford the median listing on these terms.

Income needed to buy the median home in Manhattan, KS — September 2026
ItemAmountBasis
Median listing price$308,975September 2026
Down payment (20%)$61,795Assumption
Principal & interest (7.28%, 30-yr fixed)$1,691/moRate as of 2026-10-01
Property tax (1.35% effective rate)$348/moCensus ACS
Income needed (28% rule)$87,000Gross household income / yr
Median household income$64,096Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Manhattan housing market?

Longer-run demand in Manhattan shows up in 425 homes permitted in 2025; net migration of -1,100 residents; -2.8% job growth. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
425
▲ 25.4% vs 2024
3.2 per 1,000 residents
Net migration (2022–2023)
-1,100
▼ people, via tax-return records
net income flow −$33.3M/yr
Job growth (YoY)
-2.8%
▼ 52.2k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Manhattan housing market FAQ

What is the median home price in Manhattan?
As of September 2026, the median listing price in Manhattan, KS is $308,975, up 9.6% year over year (source: public records and industry data). Figures cover the Manhattan, KS metro area.
How much does it cost to buy a home in Manhattan?
The median home listed in Manhattan asks $308,975 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,691 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Manhattan?
The median property in Manhattan spends 52 days on the market, with 364 homes actively listed and 23% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Manhattan?
With a median 52 days on market and 23% of active listings carrying a price cut, pending contracts at 50% of active listings, Manhattan reads as a balanced market as of September 2026. Lean is based on days-on-market pace when closed-sale ratios are unavailable. Conditions shift monthly.
Is Manhattan a good place to invest in real estate?
Manhattan scores 68/100 on WealthyBud's Investor Score, ranking #126 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Manhattan?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Manhattan and the wider Kansas market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Manhattan, KS metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Kansas housing markets

Naomi Whitfield Real Estate Data Analyst

Naomi Whitfield is a real estate data analyst who builds metro-level price, inventory and days-on-market datasets from public MLS aggregates and county records. She reviews WealthyBud's market pages for data accuracy before they publish.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.