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MANHATTAN, IL 60442

Real Estate Market Report  ·  Will County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
32
⇩ 28.9% vs 45 last year
Pending
14
44% pending ratio
Median Price
$437,250
⇧ 0.7% vs $434,000 last year
Average Price
$439,554
⇧ 5.8% vs $415,432 last year
Days on Market
48
⇩ 36.8% vs 76 days last year

Market Context

Population: 13,135  ·  Density: 75.7/mi²  ·  Median household income: $123,208

Typical home value: $323,691  ·  Homeownership: 91.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MANHATTAN, IL real estate market (60442) currently shows 32 active listings, with 14 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 48 days on market compared to 76 days last year.

The median listing price has risen 0.7% year-over-year, from $434,000 to $437,250.

Whether you are buying or selling in MANHATTAN, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 45 last year
  • Days on market: 48 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $437,250 (+0.7% YoY)
  • Average: $439,554 (+5.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.6 miles — 715 listings ($308,606,408 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60442Manhattan, IL 604420.0 mi32$14,065,728$437,250$439,554
60451New Lenox, IL 604518.0 mi83$45,637,467$514,500$549,849
60423Frankfort, IL 604238.7 mi63$41,295,492$637,400$655,484
60449Monee, IL 6044910.0 mi28$11,942,588$324,950$426,521
60448Mokena, IL 6044810.7 mi48$36,195,168$549,950$754,066
60432Joliet, IL 6043211.1 mi19$5,151,565$274,900$271,135
60471Richton Park, IL 6047113.4 mi60$17,501,580$247,500$291,693
60484University Park, IL 6048413.5 mi26$4,874,350$182,500$187,475
60487Tinley Park, IL 6048713.6 mi46$19,171,374$379,900$416,769
60491Homer Glen, IL 6049114.6 mi32$23,942,816$644,900$748,213
60467Orland Park, IL 6046714.8 mi62$37,900,104$443,450$611,292
60914Bourbonnais, IL 6091415.1 mi64$25,607,104$345,000$400,111
60466Park Forest, IL 6046615.6 mi152$25,321,072$160,000$166,586

Frequently Asked Questions

How many homes are for sale in MANHATTAN, IL 60442?

As of January 2026, there are 32 active listings in MANHATTAN, IL (zip code 60442), compared to 45 the prior year.

What is the median home price in MANHATTAN, IL 60442?

The median listing price in MANHATTAN, IL 60442 is $437,250 as of January 2026, a 0.7% increase from $434,000 the prior year.

How long do homes stay on the market in MANHATTAN, IL?

Homes in MANHATTAN, IL 60442 spend an average of 48 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in MANHATTAN, IL 60442?

Based on current inventory and days-on-market data as of January 2026, MANHATTAN, IL 60442 is currently a Seller's Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 48 days on market compared to 76 days last year.

How much can I save on real estate commission in MANHATTAN, IL?

With SELL123.com's maximum 3% commission, sellers in MANHATTAN, IL 60442 save an estimated $8,745 compared to a typical 5% commission on the median listing price of $437,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.