Market Intelligence Report — KS-740

Manhattan, KS

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

Ref. No: 2026-KS-09
As of the latest 2026 data
Stabilizing

Median Listing

$309K
+9.6% YoY

Pending Ratio

0.50
-9.3% YoY

Active Inventory

364
+11.7% YoY

Median DOM

52 Days
+3.5% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's stabilizing Manhattan market?

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The Manhattan, KS housing market is currently assessed as Stabilizing. While the median listing price has increased by 9.6% over the past year, the pending ratio of 0.50, reflecting a 9.3% decline year-over-year, suggests a more moderate pace of demand absorption relative to available inventory.

Local Market Signals

Source: FRED (St. Louis Fed)

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

Job Market

3.8%+0.3 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

136,122+1.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Manhattan market right now.

Active listings have seen an 11.7% increase over the past year, contributing to a more balanced market environment. Despite a 4.0% decrease in new listings year-over-year, the pending ratio indicates a moderation in demand dynamics. The median listing price has demonstrated a robust 9.6% appreciation over the past year, aligning with broader market trends in valuation, while the median days on market increased by 3.5% annually, suggesting a slightly slower sales cycle.

Historical Analysis

Market Trends

Median Price

$309K+3.0% MoM

Active Inventory

364+11.7% YoY

Days on Market

52+3.5% YoY

Sold Score™

63-9.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

63
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

With a pending ratio of 0.50, the market exhibits a more measured pace of transaction activity. The current level of active listings, coupled with a growing share of price reductions at 23.2%, implies that buyers may encounter a somewhat expanded selection and potentially greater opportunities for price negotiation. Pricing discipline remains important for sellers given the sustained, albeit moderating, demand absorption.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

364 active listings represent the current floor, with new supply arriving at roughly 142 per month.

Pricing Pressure
23.2%

of active listings carry a price reduction, +4.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +5.0% year-over-year.

Absorption
0.50

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Manhattan, KS? Inventory is up 12% from last year.

Manhattan, KS is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
50%
Median Days on Market
52 days
Inventory YoY
+12%

Manhattan, KS is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Manhattan, KS
CBSA Code
31740
State
KS