Is Manhattan, KS 66502 a buyer’s or seller’s market?
Manhattan is a seller’s market. With about 1.7 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.
More competitive than 57% of U.S. ZIP codes, and #80 of 122 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Manhattan housing market right now
In the three months ending August 31, 2026, 0% of homes in Manhattan, KS 66502 sold above their list price, the typical home went under contract in 13 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 189 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold about as fast and the median sale price rose 9% to $294,872. Overall, Manhattan is about as competitive as it was a year ago.
Within Riley County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Manhattan ranks #80 of 122 KS ZIP codes with enough sales (score 55 out of 100).
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Nearby markets
Leonardville 66449 — /sq ftManhattan 66503Seller’s market $153 /sq ftOgden 66517Seller’s market $152 /sq ftRandolph 66554 $195 /sq ft Browse all markets →Towns like Manhattan nearby
Find towns like Manhattan in other states →Where Manhattan is
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Questions about Manhattan real estate
Is Manhattan a buyer’s or seller’s market?
A seller’s market: there were 1.7 months of supply in Manhattan, KS 66502 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 Manhattan?
The typical home went under contract in 13 days in the latest three months.
Do homes in Manhattan sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Manhattan?
About 1.46% of a home’s value a year in Riley County, or roughly $5,840 on a $400,000 home.
What is the median home price in Manhattan?
The median sale price was $294,872 in the three months ending August 31, 2026, about $153 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