Manhattan Beach, MN housing market
Home prices around Manhattan Beach have risen about 75% over the past 5 years. Builders were permitted 5 new homes in 2025.
Home values, sales, trends and how Manhattan Beach compares with the towns next door — updated as new data is published.
Home prices up 75% in 5 years
The federal house price index for the ZIP code around Manhattan Beach rose 75% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 12%.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +12% | +207% | +127% |
| 2024 | −2.2% | +174% | +120% |
| 2023 | +16% | +181% | +113% |
| 2022 | +22% | +142% | +104% |
| 2021 | +13% | +98% | +82% |
| 2020 | +3% | +75% | +66% |
| 2019 | +4.2% | +70% | +61% |
| 2018 | +7% | +63% | +55% |
| 2017 | +4.4% | +53% | +46% |
| 2016 | +5.4% | +46% | +38% |
| 2015 | −0.6% | +39% | +32% |
| 2014 | −2.1% | +40% | +28% |
| 2013 | +7.2% | +43% | +21% |
| 2012 | −6% | +33% | +16% |
| 2011 | −3.3% | +42% | +18% |
| 2010 | −6.9% | +47% | +25% |
| 2009 | −5.4% | +57% | +33% |
| 2008 | −4.9% | +66% | +42% |
| 2007 | +2.7% | +75% | +48% |
| 2006 | +7.4% | +70% | +49% |
| 2005 | +18% | +59% | +45% |
| 2004 | +8% | +34% | +34% |
| 2003 | +2.8% | +24% | +23% |
| 2002 | +12% | +21% | +18% |
| 2001 | +7.9% | +7.9% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 56442, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
5 new homes permitted in 2025
Builders were permitted 5 new homes in Manhattan Beach in 2025, all single-family houses, worth about $1.7 million to build. Over the past 10 years, Manhattan Beach has permitted 16 homes in all.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 3 | 0 | $1 million |
| 2025 | 5 | 5 | 0 | $1.7 million |
| 2024 | 1 | 1 | 0 | $321,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 2 | 2 | 0 | $547,000 |
| 2021 | 1 | 1 | 0 | $320,000 |
| 2020 | 1 | 1 | 0 | $238,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 2 | 2 | 0 | $429,000 |
| 2017 | 2 | 2 | 0 | $418,000 |
| 2016 | 2 | 2 | 0 | $418,000 |
| 2015 | 1 | 1 | 0 | $200,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 1 | 1 | 0 | $140,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $265,000 |
| 2008 | 2 | 2 | 0 | $490,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 1 | 1 | 0 | $50,000 |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 2 | 2 | 0 | $765,000 |
| 2003 | 2 | 2 | 0 | $100,000 |
| 2002 | 2 | 2 | 0 | $510,000 |
| 2001 | 0 | 0 | 0 | — |
| 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.
Manhattan Beach and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Manhattan Beach | — | +11.8%† | $1,120 | 5 | $68,750 |
| Fifty Lakes | $464K | +5.6% | $1,180 | 8 | $84,615 |
| Timothy | — | +6.3%† | $980 | — | $98,750 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $1,120
HUD's Fair Market Rent for a two-bedroom in Manhattan Beach is $1,120 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $770 · 4 bedrooms $1,570
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56442; Crow Wing County, MN), 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. 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. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.