Is Manhattan, KS 66503 a buyer’s or seller’s market?
Manhattan is a seller’s market. With about 2.5 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 53% of U.S. ZIP codes, and #92 of 123 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 July 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 66503 sold above their list price, the typical home went under contract in 18 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 106 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (21 days then) and the median sale price fell 6% to $353,847. Overall, Manhattan is about as competitive as it was a year ago.
Within Riley County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
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Nearby markets
Leonardville 66449 — /sq ftManhattan 66502Seller’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 2.5 months of supply in Manhattan, KS 66503 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 18 days in the latest three months.
Do homes in Manhattan sell over asking?
0% of homes sold above their original 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 $353,847 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