January 4th, 2022

Manhattan Montana Real Estate

Photo Amsterdam, Churchill, Manhattan Montana Realty Listings

Manhattan MT Real Estate For Sale

January 2022: Homes cost $752,400 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?

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

JAN 2022$752,40010
OCT 2021$750,10010
JULY 2021$728,60012
APRIL 2021$674,65013
JAN 2021$688,00018
Average Home Sales Price Manhattan MT Real Estate
Chart 1: Average home sales price, Manhattan, MT vs Bozeman.

Chart 1: After remaining flat, averaging $681,850, from January to May 2021, for the first time ever, average home prices in greater Manhattan, Montana topped $700,000 in July 2021, continuing up to their present $752,400 in January 2022.

Since January 2021, when home prices in Manhattan were $688,000, home prices have risen ⇑ $64,000 or ⇑ 9.4% increase in just 12 months.

In the past 2 years, since January 2020, prices in Manhattan have increased ⇑ $303,175 or ⇑ 67.5%!

In that same period, Bozeman home prices have risen from $589,950 to $961,940, an increase of ⇑ $371,990 or ⇑ 63%!

In 2020, Bozeman’s ascending home prices lagged behind Manhattan’s! (see chart 1).

Since August 2021, Manhattan, Montana’s home prices have been flat, while those of Bozeman have continued upward.

There are 10 homes for sale in Manhattan, MT in January 2022, compared to 87 homes for sale in Bozeman.

Chart 2: Note that Manhattan real estate (homes, condos, townhomes) cost more than Bozeman real estate last January (2021)!

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

Photo Manhattan MT vs Bozeman MT Average Residential Sales Price
Chart 2: Manhattan, MT vs Bozeman, MT average 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.

Average sales price for Manhattan MT homes has more than doubled since January 2018, increasing from $370,560 to $752,400 in January 2022.

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Taunya Fagan

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