Manito, IL 61546 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Manito, IL—61546

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$145,000

16.0% YoY Growth

Household Income

$77,900

22.9% YoY Growth

Days on Market

60.0% Shorter YoY

Home Price Forecast

1.5%

Median Rent

$875

N/A

1-Bed Rent

N/A

2-Bed Rent

$875

N/A

3-Bed Rent

N/A

Home Price Trends — Manito, IL

As of May '26, the median home price in Manito, IL is $145,000, with a year-over-year change of 16.0%. This indicates that home prices in Manito, IL are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$145,000	16.0%
Single Family	$145,000	16.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Manito, IL

Manito, IL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$875	$875
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$875	$875
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.6%

1 Bedroom

29.1%

2 Bedrooms

46.6%

3 Bedrooms

18.5%

4 Bedrooms

3.2%

5+ Bedrooms

1.1%

Property Listings — Manito, IL

As of May '26, Realtor.com reports that the median days on market for a home in Manito, IL is 25. This is a decrease of -60.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$130,000	-1.0%
Listing Count	4	-56.0%
Listings as % of Homes	0.6%	-56.0%
Days on Market	25	-60.0%

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Demographics — Manito, IL

As of the latest ACS Survey released in 2023, Manito, IL has a population of 3,680, which has decreased by -2.3% over the past 5 years. Manito, IL is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 13.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,680	-2.3%
% Under 18	19.5%	-5.8%
% Seniors	25.3%	30.4%
% WFH	7.4%	221.7%
% w/ College Degree	13.6%	2.3%

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As of the latest ACS Survey released in 2023, Manito, IL is a predominantly white area, with 95.5% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Manito, IL is hispanic, making up 2.3% of the population. Foreign-born residents account for 0.9% of the population in Manito, IL, and this percentage has increased by 800.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	95.5%	-0.6%
% Black	0.3%	-70.0%
% Hispanic	2.3%	27.8%
% Asian	0.1%	-50.0%
% Foreign Born	0.9%	800.0%

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Mortgage and Risk — Manito, IL

According to HUD data as of 2023, there were 96 mortgage originations in Manito, IL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Manito, IL. Investor activity is low, as 3.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	96
% Conventional Loans	77.0%
% Government Loans	23.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	2.0%

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Rentals and Section 8 — Manito, IL

Manito, IL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	16
Total Units Section 8	16
% Rentals under Section 8	10.6%
% Occupied Section 8	92.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$690
2 Bedroom	-$5	$875	$870
3 Bedroom	N/A	N/A	$1,180
4 Bedroom	N/A	N/A	$1,350

Manito, IL—61546

Key Metrics at a Glance

Home Price Trends — Manito, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Manito, IL

% of Rental Stock

Property Listings — Manito, IL

Demographics — Manito, IL

Race and Ethnicity

Mortgage and Risk — Manito, IL

Mortgages

Rentals and Section 8 — Manito, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Manito, IL

Home Price to Income Ratio

Manito, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Kingston Mines

Glasford, IL

Green Valley, IL

South Pekin

Lake Camelot, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	1.4
Median Home Price	$145,000
Median Household Income	$77,900

Manito, IL—61546

Key Metrics at a Glance

Home Price Trends — Manito, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Manito, IL

% of Rental Stock

Property Listings — Manito, IL

Demographics — Manito, IL

Race and Ethnicity

Mortgage and Risk — Manito, IL

Mortgages

Rentals and Section 8 — Manito, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Manito, IL

Home Price to Income Ratio

Manito, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Kingston Mines

Glasford, IL

Green Valley, IL

South Pekin

Lake Camelot, IL

Frequently Asked Questions

What is the average home price in Manito, IL 61546?

How have home prices in Manito, IL 61546 changed over the past year?

What is the home price projection for Manito, IL 61546?

What are the demographics of Manito, IL 61546?

How long does it take homes to sell in Manito, IL 61546?

What is the average rent price in Manito, IL 61546?