July 22nd, 2021

Manhattan Montana Real Estate

Photo Amsterdam, Churchill, Manhattan Montana Realty Listings

Manhattan MT Real Estate For Sale

July 2021: Homes cost $595,000 in Manhattan, Montana – Few homes for sale in Manhattan, MT

Manhattan, Montana real estate listings, include Amsterdam and Churchill.

Manhattan Real Estate Listings Under $100000Manhattan Real Estate Listings $700000 to $800000
Manhattan Real Estate Listings $100000 to $200000Manhattan Real Estate Listings $800000 to $900000
Manhattan Real Estate Listings $200000 to $300000Manhattan Real Estate Listings $900000 to 1 million
Manhattan Real Estate Listings $300000 to $400000Manhattan Real Estate Listings 1 million to 2 million
Manhattan Real Estate Listings $400000 to $500000Manhattan Real Estate Listings 2 million to 4 million
Manhattan Real Estate Listings $500000 to $600000Manhattan Real Estate Listings Over 4 million
Manhattan Real Estate Listings $600000 to $700000What’s the history of Manhattan, Montana?

July 2021: Market Trends – Number Homes For Sale – Median Home Prices

JULY 202014$595,000
APRIL 202116$575,000
JANUARY 202120$575,900
OCTOBER 202024$544,000
JULY 202027$441,000
Median Home Sales Price Manhattan MT Real Estate
Chart 1: Median home sales price, Manhattan, MT vs Bozeman.

Chart 1: After remaining flat, averaging $572,000 since January 2021, median home prices in greater Manhattan, Montana have increased to $595,000 in July 2021.

Since July 2020, when home prices in Manhattan were $441,000, Manhattan home prices have risen $154,000! a ⇑ 35% increase in just 12 months.

As stated above, Manhattan, MT home prices rose significantly in the last year, from $418,250 to $572,000, but what about Bozeman home prices?

Bozeman home prices rose from $500,000 to $610,000–$132,000–an increase of ⇑ 25.5%.

Bozeman’s ascending home prices during this same period have not matched Manhattan’s! This is 25.5% vs. 35%. (Manhattan wins or loses, depending on who’s buying and who’s selling.)

Since July 2020, Manhattan, Montana’s home prices have been out-pacing those of Bozeman.

There are 14 homes for sale in Manhattan, MT in July 2021, compared to 94 homes for sale in Bozeman.

Manhattan has retained the small town, ranching aura that has characterized the American West for decades.

Photo Manhattan Montana Median Residential Sales Price
Chart 2: Manhattan, Montana median residential sales price (homes, condos, townhomes).

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.

Median sales price for Manhattan MT homes has more than doubled since late 2014, increasing from $205,000 to $438,500 in June 2020.

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Taunya Fagan

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