Manhattan Real Estate Market Trends

Market Overview for January, 2024


Median Sale Price

$2.0M

98.5% YoY


Median Price/Sqft

$1,299

-8.1% YoY


No. of Transactions

23

-97.4% YoY

New York City Median Sale Price

$700K

-2% YoY

What is the median sale price and median price per sq ft in Manhattan?
In January, the median home sale price in Manhattan was $2.0M, a 98.5% increase year-over-year. A total of 23 properties changed hands, representing a 97.4% contraction compared to the same month last year. The median price per square foot as of January was $1,299, a -8.1% YoY change. In New York City, the median home sale price was $700K.

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 $5,991,250
NoLIta Manhattan $4,550,000
TriBeCa Manhattan $4,542,500
Chinatown Manhattan $4,480,718
NoHo Manhattan $3,850,000
SoHo Manhattan $2,995,000
NoMad Manhattan $2,305,000
Roosevelt Island Manhattan $2,095,000
Central Park South Manhattan $1,975,000
Carnegie Hill Manhattan $1,950,000
Hudson Square Manhattan $1,884,900
Theatre District - Times Square Manhattan $1,835,000
Flatiron District Manhattan $1,825,000
Central Midtown Manhattan $1,750,000
Greenwich Village Manhattan $1,680,500
West Village Manhattan $1,340,000
Battery Park City Manhattan $1,297,500
Lenox Hill Manhattan $1,275,000
Garment District Manhattan $1,275,000
Gramercy Park Manhattan $1,150,000
Lincoln Square Manhattan $1,110,000
Upper West Side Manhattan $985,000
East Village Manhattan $982,500
Clinton - Hell's Kitchen Manhattan $896,750
Lower East Side Manhattan $888,000
Sutton Place Manhattan $850,000
Chelsea Manhattan $815,000
Morningside Heights Manhattan $782,500
Yorkville Manhattan $755,000
Financial District Manhattan $715,000
Manhattan Valley Manhattan $709,500
Murray Hill Manhattan $699,370
Turtle Bay Manhattan $643,800
Two Bridges Manhattan $600,000
Kips Bay Manhattan $595,000
Civic Center Manhattan $529,444
East Harlem Manhattan $527,000
Inwood Manhattan $472,500
Washington Heights Manhattan $465,000
Harlem Manhattan $440,000
Tudor City Manhattan $304,000

Residential Properties Sold in Manhattan

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $1.6M 0.6% $1K -9.9% 0
Coops $812K 8.3% $955 -1.3% 0
Houses $6.4M -3% $1K -6.4% 0

Median coop sale price in Manhattan were $812K, a change of 8.3% year-over-year.

See also

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