Market Intelligence Report — KS-740

Manhattan, KS

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-KS-05
As of the latest 2026 data
Very Competitive

Median Listing

$308K
+10.4% YoY

Pending Ratio

1.03
+1.5% YoY

Active Inventory

307
+6.6% YoY

Median DOM

48 Days
+29.7% YoY

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Manhattan, KS, housing market activity in May 2026 registered as Very Competitive, with a pending ratio of 1.03 indicating strong demand relative to available inventory. The median listing price increased by 10.4% year-over-year to $307,500, further illustrating robust market conditions.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Manhattan market right now.

The market experienced a 6.6% year-over-year increase in active listings, reaching 307 units. Despite this, new listings saw a slight year-over-year contraction of 1.9%. The median days on market extended by 29.7% year-over-year to 48 days, and the price-reduced share remained nearly flat year-over-year at 14.6%.

Historical Analysis

Market Trends

Median Price

$308K+1.3% MoM

Active Inventory

307+6.6% YoY

Days on Market

48+29.7% YoY

Sold Score™

74+1.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

74
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The high pending ratio of 1.03 suggests a rapid absorption of available supply, placing significant pressure on inventory. This environment necessitates prompt action from prospective purchasers, often with limited room for price negotiation. Price discipline is maintained by demand outstripping new supply.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

307 active listings represent the current floor, with new supply arriving at roughly 204 per month.

Pricing Pressure
14.6%

of active listings carry a price reduction, -0.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +6.0% year-over-year.

Absorption
1.03

Pending-to-active ratio — Very Competitive.

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Metro Demographics

Metro Area
Manhattan, KS
CBSA Code
31740
State
KS