Q4 2025 Manhattan, MT Real Estate – Manhattan, MT Homes For Sale
Price for a Manhattan, MT home is $932,500, ⇑ 36.2% over Q4 2024’s $595,000.
Manhattan, Montana real estate listings, includes Amsterdam and Churchill.
Q4 2025: Market Trends – Median Home Prices
| MONTH/YEAR | SALES PRICE | SOLD HOMES |
| Q4 2025 | $932,500 | 8 |
| Q4 2024 | $595,000 | 10 |
| Q4 2023 | $735,000 | 13 |
| Q4 2022 | $475,000 | 15 |
| Q4 2021 | $775,000 | 20 |
Manhattan, MT Home Sales
Chart 1: The Q4 2025 price of $932,500 is a record for Manhattan homes.
Considering all residential dwellings: At the beginning of Q3 2025, residential price dropped to $637,500, a significant decrease, ⇓ $134,000, from Q3 2024’s price of $772,000.
Q3 2024’s $772,000 was the second highest residential price in Manhattan, MT history, just $23,000 lower than Q1 2022’s record of $795,000.
In the last 10 years, Manhattan home high and low prices were $231,660 and $795,000 (Q3 2015 & Q1 2022 respectively), but…
Residential prices dropped throughout the second half of 2022, moving down from $795,000 to $477,500 by year’s end, a ⇓ $317,500 or ⇓ 40% decline in 6 months!
Price rebounded ⇑ $219,500 or ⇑ 46%, to $697,000 in the first quarter of 2023.
Continuing up, prices then hit $749,900 in Q1 2024 and $772,000 in Q3 of 2024.
Starting in Q1 2020 (beginning of Covid) to Q1 2022, home prices in Manhattan increased from $397,500 to $795,000, which was a ⇑ $397,500 or a ⇑ 50% 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%!
In the past 15 quarters, prices have been up and down in Manhattan, but the overall trend has been an increase from the mid-$200,000 range to the mid-$600,000 range, approximately a ⇑ 62% increase.
Bozeman hasn’t seen substantial price drops. The Q3 2025 price for a Bozeman residential property is $860,000, a new quarterly record.
Twenty-four residential properties sold in Q1 2025 in Manhattan, MT.
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.
