Is Manitou, KY 42436 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Manitou is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.5%Sold price ÷ list price
Median days on market126Listing to accepted offer
Median price per sq ft$172▲ +8.6% vs. last year

The Manitou housing market right now

In the three months ending August 31, 2026, 0% of homes in Manitou, KY 42436 sold above their list price, the typical home went under contract in 126 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (52 days then) and the median sale price rose 55% to $252,341. Overall, Manitou is less competitive than a year ago, which gives buyers more room.

Within Hopkins County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Nortonville 42442 (33% sold over asking) and Hanson 42413 (10% sold over asking) are even more competitive.

Nearby markets

Dawson Springs 42408Balanced $114 /sq ftEarlington 42410Balanced $69 /sq ftHanson 42413Seller’s market $155 /sq ftMadisonville 42431Balanced $113 /sq ft Browse all markets →

Where Manitou is

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Questions about Manitou real estate

Is Manitou a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Manitou, KY 42436 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Manitou?

The typical home went under contract in 126 days in the latest three months.

Do homes in Manitou sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.

What are property taxes in Manitou?

About 0.77% of a home’s value a year in Hopkins County, or roughly $3,080 on a $400,000 home.

What is the median home price in Manitou?

The median sale price was $252,341 in the three months ending August 31, 2026, about $172 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology