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.
July 2021: Market Trends – Number Homes For Sale – Median Home Prices
|MONTH/YEAR||⇓ NUMBER HOMES FOR SALE||⇑ MEDIAN SALES PRICE|
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.
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.
Median sales price for Manhattan MT homes has more than doubled since late 2014, increasing from $205,000 to $438,500 in June 2020.