ZIP Code Market Report
66503 — Manhattan, KS
Data through February 2026 · Updated monthly
Avg Home Value
$346,102
▲ 3.9% year-over-year
Month-over-Month
-0.3%
▼ 0.3%
Single Family
$347,110
Condo / Co-op
--
The average home value in the 66503 ZIP code (Manhattan, Kansas) is $346,102 as of February 2026. Home prices are rising, up 3.9% compared to last year.
A 3-bedroom home in 66503 is valued at $294,450.
The market in 66503 has a $266,216 spread between bottom-tier homes at $255,668 and top-tier homes at $521,884. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 66503 ZIP code will increase 0.3% over the next 12 months, bringing the projected average to approximately $347,140. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Riley County market area in Kansas. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Riley County report.
Free Home Value Estimate
What's your home worth in 66503 (Manhattan)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
66503 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $347,269 | $347,237 | $346,102 | ▼ 0.3% |
| Single Family Value | $344,238 | $345,891 | $347,110 | ▲ 0.8% |
Home Values
66503 Home Value Trend
Historical home values for ZIP code 66503. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 66503
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $227,769 |
| 3 Bedrooms | $294,450 |
| 4 Bedrooms | $365,644 |
Property Types
Home Values by Property Type in 66503
How different property types compare in this ZIP code.
All Homes
$346,102
Single Family
$347,110
Bottom Tier
$255,668
Top Tier
$521,884
Forecast
12-Month Home Value Forecast for 66503
Zillow projects home values in 66503 will increase 0.3% over the next year, reaching approximately $347,140.
Current Value
$346,102
Projected Change
+0.3%
▲ 0.3%
Projected Value
$347,140
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 66503 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in Manhattan?
Run your ARV and MAO instantly with live market data