Photo: AlphaBeta135 · CC BY 4.0199 homes sold in Manhattan Township in the last year, at a typical $406K
Redfin reports Manhattan Township’s sales by ZIP code, so these figures are for ZIP 60442, which takes in Manhattan Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Manhattan Township homes are listed.
Every place Manhattan Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Manhattan Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 72% of Manhattan Township’s sales, at a typical $445K
199 homes sold in the year to May 2026.
typical sale · 143 sold in 12 months
- Per square foot
- $187IL $180
- Days to sell
- 62
- Sold over asking
- 28%
Condos: 3 sold, typical $258K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.9 times the 2016 price
199 sales in the last year, against 332 in 2021 and a low of 101 in 2012. The typical sale went from $218K in 2016 to $406K.
Source: Redfin Data Center, MLS sales; for ZIP 60442, which takes in Manhattan Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Manhattan Township
Check a listing against what Manhattan Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Manhattan Township are more common than before the pandemic, but a third fewer homes come up for sale
We read every month of home sales in ZIP 60442 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 199 sales.
If you’re buying in Manhattan Township
- Shop in March. It brings about 20 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
- Bid near asking. Buyers paid 99.5% of the list price on average; 29% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 25 a month), but August is the most competitive: 28% of August sales close over asking. March and April offer nearly as much choice with fewer homes bid up (20%). March has the least competition (20%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Illinois
| Manhattan Township now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 29% | 14% | 39% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 50% | 38% | 54% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 99.5% | 97.9% | 100.5% | 99.2% |
| Days to sellMedian days from listing to contract | 53 | 66 | 15 | 49 |
50 homes for sale on a typical day
That’s 1.6 times the 2023 low (31), 32% fewer than in 2017–19 and well under 2019’s 102.
Source: Redfin Data Center, ZIP code tracker; for ZIP 60442, which takes in Manhattan Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Manhattan Township home costs about $2,999 a month
Price: Manhattan Township’s typical sale, last 12 months. Property tax at Manhattan Township’s 2.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Manhattan Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. January has the fewest, about 15.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $406K home, about $10,570 a year.
Taxes vs. neighborsSchools
The schools grade for Manhattan Township, from test results, graduation and how much students grow.
Schools in Manhattan TownshipTypical commute
The average one-way trip to work for people who live in Manhattan Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Preston Heights sells for less a square foot
The busier markets within 25 miles of Manhattan Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| New Lenox | 317 | $465K | $204 | 32% | 50 |
| Frankfort | 256 | $607K | $204 | 27% | 58 |
| Manhattan Township (ZIP 60442) | 199 | $406K | $181 | 29% | 53 |
| Manhattan | 184 | $397K | $180 | 28% | 56 |
| Ingalls Park | 37 | $232K | $188 | 49% | 55 |
| Preston Heights | 36 | $228K | $175 | 39% | 78 |
| Elwood | 32 | $296K | $176 | 34% | 49 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Manhattan Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Manhattan Township. People who follow the town see it, and so do people comparing Manhattan Township with their own town. No commission, no listing fee.
Questions about buying a home in Manhattan Township
What do homes sell for in Manhattan Township, IL?
199 homes sold in the year to May 2026 at a typical $406K, $181 a square foot.
Is Manhattan Township a buyer’s or seller’s market?
A seller’s market: 65 homes were for sale in May 2026 and 20 sold, about 3.3 months of supply. Buyers paid 99.5% of asking on average.
When is the best time to buy in Manhattan Township?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Manhattan Township?
About 2.6% of a home’s value a year. On a $406K home that’s near $10,570.
Where can I see homes for sale in Manhattan Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Manhattan Township’s MLS listings; the search links above open each one filtered to Manhattan Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 60442, which takes in Manhattan Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).