Is Manilla, IA 51454 a buyer’s or seller’s market?
Manilla 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.
The Manilla housing market right now
In the three months ending August 31, 2026, 0% of homes in Manilla, IA 51454 sold above their list price, the typical home went under contract in 56 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 50%, homes sold more slowly (34 days then) and the median sale price fell 62% to $95,958. Overall, Manilla is less competitive than a year ago, which gives buyers more room.
Nearby, Charter Oak 51439 (100% sold over asking) is even more competitive.
Run the numbers for 51454
Nearby markets
Charter Oak 51439Balanced $76 /sq ftDeloit 51441 — /sq ftDenison 51442Balanced $95 /sq ftDow City 51528 — /sq ft Browse all markets →Towns like Manilla nearby
Find towns like Manilla in other states →Where Manilla is
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Questions about Manilla real estate
Is Manilla a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Manilla, IA 51454 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 Manilla?
The typical home went under contract in 56 days in the latest three months.
Do homes in Manilla sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Manilla?
About 1.28% of a home’s value a year in Crawford County, or roughly $5,120 on a $400,000 home.
What is the median home price in Manilla?
The median sale price was $95,958 in the three months ending August 31, 2026, about $63 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