Metro area index
Home appreciation in the Manhattan, KS metro area
FHFA HPI® data shows the Manhattan, KS metro area's all-transactions index changed +4.3% over the year to Q2 2026, versus +3.8% for Kansas and +3.0% for the U.S. That ranks 143rd of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +4.3%
- 5-year change
- +36.6%
- Since Q1 1995
- +231%
- Metro rank (1 year)
- 143rd
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Manhattan, KS vs Kansas and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Manhattan, KS: 330.7
- Kansas: 347.0
- United States: 391.6
Appreciation by time window
| Window | Metro | KS | U.S. | Gap vs KS | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.3% | +3.8% | +3.0% | +0.5 pts | +1.3 pts |
| 3 years | +14.7% | +15.6% | +12.9% | −0.9 pts | +1.9 pts |
| 5 years | +36.6% | +42.6% | +41.3% | −6.0 pts | −4.7 pts |
| 10 years | +54.8% | +89.8% | +93.3% | −35.0 pts | −38.5 pts |
| Since Q1 1995 | +231% | +247% | +292% | −16.3 pts | −60.9 pts |
3-digit ZIP regions in the Manhattan, KS area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 665 · Manhattan, KS area | KS | +4.7% | +38.9% | +236% | 65% |
| 664 · Junction City, KS area | KS | +5.6% | +47.6% | +219% | 51% |
Boom, bust, and recovery in Manhattan, KS area
Manhattan, KS area's index peaked in Q2 2007, fell 6.3% to its low in Q2 2011, and regained its peak in Q1 2015, about 7.8 years after the top. Today it sits +61.4% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2007 | Q2 2011 | -6.3% | Q1 2015 (7.8 yrs) | +61.4% |
| KS | Q1 2008 | Q2 2011 | -5.0% | Q3 2014 (6.5 yrs) | +102% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Manhattan, KS area's index has changed +49.4% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | KS after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +0.4% | -0.1% | -0.8% |
| 3 years | +9.8% | +4.5% | +5.3% | +2.8% |
| 5 years | +24.0% | +10.1% | +15.0% | +13.9% |
| 10 years | +39.1% | +11.3% | +36.5% | +39.0% |
| Since Q1 1995 | +121% | +49.4% | +56.7% | +76.8% |
If you bought in the Manhattan, KS area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +229% | $987,527 |
| Q2 2000 | +172% | $815,646 |
| Q2 2005 | +95.9% | $587,719 |
| Q2 2010 | +70.1% | $510,377 |
| Q2 2015 | +59.4% | $478,152 |
| Q2 2020 | +44.8% | $434,432 |
| Q2 2021 | +36.6% | $409,692 |
| Q2 2023 | +14.7% | $344,170 |
| Q2 2025 | +4.3% | $312,976 |
Frequently asked questions
- How much have home prices risen in the Manhattan, KS area?
- FHFA HPI® data for the Manhattan, KS metro area shows changes of +4.3% over one year, +36.6% over five years, and +54.8% over ten years to Q2 2026, and +231% since Q1 1995.
- Is the Manhattan, KS area beating the national average?
- Over the past year the metro's index moved +1.3 pts versus the U.S.; over five years the gap is −4.7 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.