Manhattan, IL is a great place to invest in property, with the median value of homes being $316,700 which is slightly lower than the US median of $338,100. Over the last year, homes in Manhattan have appreciated by 9.35%, higher than the national average of 8.27%. This could be an excellent opportunity for potential buyers to take advantage of and invest in a home in Manhattan.
The median home cost in Manhattan is $316,700. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Manhattan is up 13.7%.
Average Age of Homes
- The median age of Manhattan real estate is 18 years old
The Rental Market in Manhattan
- Renters make up 14.0% of the Manhattan population
- 0.0% of houses and apartments in Manhattan, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.