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Mid-January 2026: See how Manhattan, IL stands out this month

Published on Sunday, January 11, 2026
Focus areas include Bourbonnais, Frankfort, Manhattan, Matteson, Monee and Peotone, along with surrounding towns, communities and neighborhoods.
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As we reach the middle of January 2026, Manhattan, IL continues to distinguish itself in the competitive housing scene. Have you explored what makes this month’s market unique for both sellers and buyers? Fresh figures point to impressive results and emerging opportunities as the winter season unfolds.

By reviewing mid month Manhattan, IL real estate highlights January 2026, clients learn when to make a move, how to sell your house fast in Manhattan, IL, and discover affordable homes in Manhattan, IL this January 2026. Elizabeth Betty Botello is here to help you synthesize the numbers into winning strategies.

Standout Market Results So Far

With 25 new listings and 22 closed single-family sales, inventory remains steady yet competitive, granting buyers new opportunity and keeping sellers in control. Quick sales are the norm—median days on market hold at just 32 for January 2026. Sellers benefit as list to sale price ratios remain at 97.5 percent, with well prepped homes attracting the strongest offers.

Buyer activity is robust, shown by 54 showings per property and a 38 percent absorption rate. Properties are going under contract in less than 45 days for nearly two thirds of listings. This is significant for anyone aiming to maximize value or secure a new address quickly.

Luxury, Entry, and Investor Snapshots

Mid month sales this January include three luxury closings over $500,000, a highest single sale of $710,000, and continued movement among affordable segments as well. Rental options are limited—three units leased in 21 days at $1,700 on average—but quick fills prove that investor appetite stays strong even without aggregate rent stats. Investment and luxury opportunities in Manhattan, IL make the area multidimensional.

  • 25 new listings and 22 closed sales
  • Median 32 days on market
  • $305,000 average sale price
  • 97.5 percent list to sale ratio
  • Three homes sold above $500,000
  • $1,700 avg rent for three leased properties

Prepping for Success in January 2026

Sellers, data shows staged homes not only close faster but do so at a 2.1 percent higher ratio than non staged counterparts. Price reductions are rare and strategic concessions stay low. Buyers benefit from new inventory and high absorption—acting early and securing financing are musts. Elizabeth Betty Botello ensures your plan covers every detail necessary for sharp, results driven decisions this month.

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Manhattan, IL—Looking Ahead

As we close out January 2026, keep leveraging these mid month numbers for better decisions and stronger results on both sides of every transaction.

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