Manhattan MT Real Estate For Sale
April 2021: Homes cost $565,000 in Manhattan, Montana – Few homes for sale in Manhattan, MT
Manhattan, Montana real estate listings, include Amsterdam and Churchill.
April 2021: Market Trends – Number Homes For Sale – Median Home Prices
MONTH/YEAR | ⇓ Number Homes For Sale | ⇑ Median Sales Price |
APRIL 2021 | 19 | $572,000 |
JANUARY 2020 | 26 | $575,000 |
OCTOBER 2020 | 14 | $531,500 |
JULY 2020 | 23 | $438,500 |
April 2020 | 26 | $418,250 |
Chart 1: Median home prices in greater Manhattan, Montana have remained at $572,000 since January 2021.
Since April 2020, when home prices in Manhattan were $418,250, Manhattan home prices have risen ⇑ $153,750! a ⇑ 37% increase in just 12 months.
As stated above, Manhattan, MT home prices rose significantly in 2020, from $418,250 to $572,000 but what about Bozeman home prices?
Manhattan’s home price ascension out-paced even Bozeman’s ascending home prices during the same period.
Bozeman home prices rose from $500,000 to $610,000–$110,000–an increase of ⇑ 22%.
Consequently, Manhattan, Montana home price increases are out-pacing those of Bozeman.
There are 19 homes for sale in Manhattan, MT in April 2021, compared to 29 homes for sale in April 2020.
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.
Median sales price for Manhattan MT homes has more than doubled since late 2014, increasing from $205,000 to $438,500 in June 2020.