Manhattan’s 2025 housing market year in review
In 2025, the U.S. housing market largely continued the sluggish trends that have defined the post-pandemic years: high prices, elevated mortgage rates, and persistent economic uncertainty. Historically few homes sold through November 2025, and as sellers struggled to find buyers, many chose not to list at all. That pullback reduced inventory throughout the year, which in turn kept prices elevated.
However, national trends don’t tell the whole story. Individual markets varied widely, from red-hot metros in the Midwest and East Coast, to quickly cooling cities throughout the South. But how did Manhattan, KS’s housing market perform?
To answer that question, Redfin Real Estate analyzed six key metrics that reflect market competitiveness and affordability for homebuyers and sellers. All data is an aggregated average from January through November 2025.
Manhattan’s 2025 housing market recap
Median sale price: $262,386Monthly total home sales: 133Monthly new construction sales: 7Monthly inventory: 289Months of supply: 2.3 monthsDays on market: 24.0 days
U.S. 2025 housing market recap
Median sale price: $428,039Monthly total home sales: 423,945Monthly new construction sales: 69,558Monthly inventory: 1,482,760Months of supply: 3.5 monthsDays on market: 48.5 days