Manito, IL housing market
The typical Manito home is worth about $146,000, up 13.8% in a year, 51% below the Illinois typical home.
Home values, sales, trends and how Manito compares with the towns next door — updated as new data is published.
Manito at a glance
Typical home value, 2016–2026
Show as a table
| January | Manito | Illinois |
|---|---|---|
| 2017 | $91,000 | $181,000 |
| 2018 | $90,000 | $190,000 |
| 2019 | $87,000 | $195,000 |
| 2020 | $90,000 | $200,000 |
| 2021 | $100,000 | $215,000 |
| 2022 | $109,000 | $236,000 |
| 2023 | $111,000 | $248,000 |
| 2024 | $115,000 | $263,000 |
| 2025 | $124,000 | $278,000 |
| 2026 | $142,000 | $290,000 |
| August 2026 | $146,000 | $298,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in Manito in 2025. That's 0.6 per 1,000 residents, slower than across Illinois (1.6). Over the past 10 years, Manito has permitted 4 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Manito's population fell by 90 even though 2 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $600,000 |
| 2024 | 1 | 1 | 0 | $600,000 |
| 2023 | 1 | 1 | 0 | $228,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 1 | 1 | 0 | $148,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 1 | 1 | 0 | $325,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $200,000 |
| 2008 | 1 | 1 | 0 | $200,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 1 | 1 | 0 | $125,000 |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 4 | 4 | 0 | $493,000 |
| 2003 | 2 | 2 | 0 | $150,000 |
| 2002 | 8 | 8 | 0 | $1.2 million |
| 2001 | 2 | 2 | 0 | $200,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
2 years of income
The typical Manito home costs about 2 years of the town's median household income, less than across Illinois (3.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $920
HUD's Fair Market Rent for a two-bedroom in Manito is $920 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Manito pay a median of $741, so moving in tends to cost more than staying put. A two-bedroom takes about 15% of the town's median household income.
Studio $650 · 4 bedrooms $1,430
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61546; Peoria, IL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.