November 29th, 2022

Manhattan Montana Real Estate

Photo Amsterdam, Churchill, Manhattan Montana Realty Listings

Manhattan, MT Real Estate – Manhattan, MT Homes For Sale

Q4 2022: Median price for Manhattan, Montana homes is $670,000

Manhattan, Montana real estate listings, includes 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?

Q4 2022: Market Trends – Number Homes For Sale – Median Home Prices

NOV 2022$685,50017
AUG 2022$670,00021
MAY 2022$830,00021
FEB 2022$680,00010
NOV 2021$786,50011
Photo Manhattan Montana real estate median prices.
Chart 2: Manhattan, Montana real estate median prices.

Chart 1: November 2022 finds Manhattan Montana residential prices dropping from Q1 2022’s all-time high of $795,000 to the present price of $685,500 (homes, condos, townhomes).

After a low of $235,000 in Q4 2019, prices came close to hitting $800,000 in the first quarter of 2022.

After July 2021, real estate prices continued upward to their present $670,000 in Q4 2022.

Manhattan, MT Home Sales

Since Q2 2022, when home prices in Manhattan were $825,000, Q3 2022 home prices, at $670,000, have dropped ⇓ $155,000 or a ⇓ 23% decrease (in just one quarter!)

Starting in Q1 2020 (beginning of Covid) to Q4 2022, median residential prices in Manhattan increased from $397,500 to $670,000, which is ⇑ $272,500 or ⇑ 68.6%.

Chart 2:  In that same period, Bozeman real estate prices (homes, condos, townhomes) rose from $530,000 to $899,900, an increase of ⇑ $369,900 or ⇑ 69.8%!

Photo Median home sales price, Manhattan, MT vs Bozeman
Chart 2: Median real estate sales prices, Manhattan, MT vs Bozeman.

Beginning in January 2022, Manhattan, Montana’s median home prices began climbing after a flat period at the end of 2021, but both Manhattan and Bozeman prices began falling in Q2 2022.


There are 17 homes for sale in Manhattan, MT in November 2022, compared to 148 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.

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Taunya Fagan

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