Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 53,829 people, 0 houses or apartments, and a median cost of homes of $299,594, Manhattan real estate and house prices are near the national average for all cities and towns.
Mobile homes or trailers are the single most common housing type in Manhattan, accounting for 0.00% of the city's housing units.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Manhattan, where house values have increased just 45.77%, which is annualized rate of 3.84%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Appreciation rates are so strong in Manhattan that despite a nationwide downturn in the housing market, Manhattan real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Manhattan appreciation rates continue to be some of the highest in America, at 8.13%, which is higher than appreciation rates in 71.51% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Manhattan. Manhattan appreciation rates in the latest quarter were at 4.06%, which equates to an annual appreciation rate of 17.27%.
Importantly, this makes Manhattan one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Kansas, our data show that Manhattan's latest annual appreciation rate is higher than 80% of the other cities and towns in Kansas.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Manhattan differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Manhattan - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Manhattan real estate investment or home purchase decisions.
$299,594
for Kansas
for nation
0
$1,385 / per month