Manhattan, MT Real Estate – Manhattan, MT Homes For Sale
Median price for Manhattan, Montana homes is $732,000 this quarter.
Manhattan, Montana real estate listings, includes Amsterdam and Churchill.
Q4 2023: Market Trends – Number Homes For Sale – Median Home Prices
| MONTH/YEAR | ⇑ SALES PRICE | ⇑ HOMES FOR SALE |
| Q4 2023 | $732,000 | 38 |
| Q3 2023 | $635,000 | 34 |
| Q2 2023 | $697,000 | 27 |
| Q1 2023 | $475,000 | 20 |
| Q4 2022 | $670,000 | 29 |
Manhattan, MT Residential (homes, condos, townhomes) Sales
Chart 1: As we begin Q4 2023 Manhattan Montana residential (homes, condos, townhomes) prices significantly up–14.3%– from Q3 2023’s price of $619,000 to the present price of $722,600 (for homes, condos, townhomes).
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 kicked upward in Q1, 2023 to their present $722,600 at the start of Q4 2023.
Manhattan, MT Home Sales
In Q4 2022, Manhattan home prices were way down at $475,000. Today the home price is $732,000, an increase of ⇑ $257,000 or a ⇑ 35.1% in one year.
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, whereas Bozeman hasn’t seen any price drop to speak of.
Beginning in Q4 2022, Manhattan, Montana’s median home prices began climbing after a flat period at the end of Q2.
There are 38 homes for sale in Manhattan, MT in Q4 2023, compared to 362 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.
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.
