Manhattan, MT Real Estate – Manhattan, MT Homes For Sale
Median price for Manhattan, Montana homes is $749,900, Q2 2024.
Manhattan, Montana real estate listings, includes Amsterdam and Churchill.
Q2 2024: Market Trends – Number Homes For Sale – Median Home Prices
| MONTH/YEAR | ⇑ SALES PRICE | ⇓ HOMES FOR SALE |
| Q1 2024 | $749,900 | 21 |
| Q4 2023 | $735,000 | 22 |
| Q3 2023 | $732,000 | 38 |
| Q2 2023 | $635,000 | 34 |
| Q1 2023 | $697,000 | 27 |
Manhattan, MT Residential (homes, condos, townhomes) Sales
Chart 1: As we begin Q2 2024, residential (homes, condos, townhomes) price is $749,900 in Manhattan, which significantly ⇑ $130,900 or ⇑ 21.1% from Q2 2023’s price of $619,000.
After a low of $235,000 in Q4 2019, prices came close to hitting $800,000 ($795,000) in the first quarter of 2022.
Manhattan prices dropped throughout 2022, but rebounded ⇑ $219,500 or ⇑ 46%! in in the first quarter of 2023 to their present $749,900 at the start of Q2 2024.
Manhattan, MT Home Sales
In Q4 2022, Manhattan home prices were way down at $475,000. Today the home price is $749,900.
Starting in Q1 2020 (beginning of Covid) to Q1 2022, home prices in Manhattan increased from $450,000 to $825,000, which was a ⇑ $375,000 or ⇑ 45.5% increase.
Chart 2: In that same period, Bozeman home prices rose from $510,500 to $900,500, an increase of ⇑ $390,000 or ⇑ 43.3%!
Today, prices are rebounding in Manhattan, when the Q4 2023 was significantly lower than it is today.
Bozeman hasn’t seen substantial price drops; the Q2 2024 price for a Bozeman home is $951,650.
There are 21 homes for sale in Manhattan, MT compared to 119 inside Bozeman and 113 homes outside the city of Bozeman.
Manhattan has retained the small town, ranching aura that has characterized the American West for decades.
Interestingly, the town has had three names in its history: it was first named “Hamilton” in 1865.
Then, in 1883, Hamilton (not to be confused with present day Hamilton, MT) was renamed “Moreland.”
In 1890 it was renamed a third time to the present, “Manhattan,” named for Manhattan, New York, from where it’s three founders came.
The farming region around Manhattan, Montana helps make Montana the 2nd largest barley malt producer in the US.
Average sales price for Manhattan MT homes almost (⇑ 99%) doubled from January 2018 to January 2022, increasing from $389,000 to $775,000.
