Manhattan Real Estate Market Trends

Market Overview for Quarter 3, 2021

Median Sale Price


5% YoY

Median Price/Sqft


0% YoY

No. of Transactions


211% YoY

New York City Median Sale Price


17% YoY

What is the median sale price and median price per sq ft in Manhattan?

As of Quarter 3, the median home sale price in Manhattan was $1.1M, up 5% year-over-year. A total of 5292 properties traded, representing a 211% year-over-year increase. The median price per square foot in Quarter 3 was $1,324, a 0% YoY change. The median home sale price in New York City was $765K.

Manhattan Borough Map

Manhattan Median Sale Price

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Median Sale Price Per Square Feet

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Real Estate Transactions in Manhattan

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Top Boroughs in New York City

Manhattan median price compared with other neighborhoods in New York City

Manhattan property values are on the higher-end among all boroughs in NYC .

Most Expensive Neighborhoods in Manhattan

Neighborhood Borough Median Sale Price
Hudson Yards Manhattan $4,650,000
TriBeCa Manhattan $3,497,500
NoLIta Manhattan $2,975,000
SoHo Manhattan $2,850,000
NoHo Manhattan $2,775,000
Chinatown Manhattan $2,549,753
Central Park South Manhattan $2,417,500
Hudson Square Manhattan $2,250,000
Civic Center Manhattan $2,180,180
Two Bridges Manhattan $1,968,815
Carnegie Hill Manhattan $1,900,000
NoMad Manhattan $1,827,500
Battery Park City Manhattan $1,715,000
Flatiron District Manhattan $1,500,000
West Village Manhattan $1,376,000
Garment District Manhattan $1,280,000
Chelsea Manhattan $1,240,000
Greenwich Village Manhattan $1,180,000
East Village Manhattan $1,100,000
Lincoln Square Manhattan $1,100,000
Lenox Hill Manhattan $1,100,000
Theatre District - Times Square Manhattan $1,050,000
Upper West Side Manhattan $996,500
Koreatown Manhattan $990,000
Financial District Manhattan $965,000
Yorkville Manhattan $962,500
Gramercy Park Manhattan $932,500
Clinton - Hell's Kitchen Manhattan $922,500
Lower East Side Manhattan $900,000
Murray Hill Manhattan $885,000
Sutton Place Manhattan $870,000
Turtle Bay Manhattan $850,000
Marble Hill Manhattan $850,000
Central Midtown Manhattan $825,000
Manhattan Valley Manhattan $819,500
East Harlem Manhattan $718,000
Harlem Manhattan $710,750
Morningside Heights Manhattan $642,914
Kips Bay Manhattan $620,750
Washington Heights Manhattan $545,000
Roosevelt Island Manhattan $542,069
Inwood Manhattan $370,000
Tudor City Manhattan $309,500

Residential Properties Sold in Manhattan

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $1.6M -6% $1K 0% 2387
Coops $805K 6% $994 0% 2849
Houses $6.9M 6% $1K 57% 51

The median house sale price in Manhattan in Quarter 3 was $6.9M, up 6% year-over-year. Conversely, median condo prices in Manhattan trended down 6% year-over-year to $1.6M. Median coop sale price in Manhattan were $805K, a change of 6% year-over-year.

See also

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