Markets/Kansas/Manhattan

Manhattan, KS Real Estate Market 2026

Investor-grade market analytics for Manhattan, Kansas. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$271,423

+3.9% year-over-year

Est. Rental Yield

5.8%

gross annual

12-Month Forecast

+3.8%

base case (Zillow ZHVF)

+3.8% year-over-year

Climate Risk

15/100

Very Low

Market Momentum

➡️
Neutral
1.6mo supply · Score +1/7

Net migration: Bottom 10% nationally

Income Migration

➡️ Neutral1.01x

In-migrants avg $50,932 AGI vs out-migrants $50,576

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Opportunity Zone Market

1 ZIP codes in Manhattan are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Manhattan Market Summary

Manhattan, KS shows steady growth at 3.9% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 4.23x, below the national average of 4.8x. Climate risk remains low (15/100), favorable for long-term investment stability. Rental yield of 5.77% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score82/100
Price-to-Income Ratio4.2x (national avg 4.8x)
Median Household Income$64,096

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.9%
Base Case+3.8%
Bull Case+5.7%

Climate & Natural Hazard Risk

Manhattan, KS's primary climate exposure is wildfire (42/100). The composite climate risk score of 15/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Manhattan dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.