Market Overview for Quarter 4, 2020
Median Sale Price
6% YoY
Median Price/Sqft
-2% YoY
No. of Transactions
-16% YoY
New York City Median Sale Price
5% YoY
In Quarter 4, the median home sale price in Manhattan was $1M, a 6% increase year-over-year. A total of 2277 properties changed hands, representing a 16% contraction compared to the same month last year. The median price per square foot as of Quarter 4 was $1,287, a -2% YoY change. In New York City, the median home sale price was $685K.
Manhattan Borough Map
Top Boroughs in New York City
View the most recent market trends and historic home sale prices in Brooklyn , Queens , Bronx , Staten Island
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 |
|---|---|---|
| TriBeCa | Manhattan | $3,563,875 |
| SoHo | Manhattan | $2,700,000 |
| NoHo | Manhattan | $2,700,000 |
| Hudson Yards | Manhattan | $2,678,750 |
| NoLIta | Manhattan | $2,225,000 |
| Two Bridges | Manhattan | $2,157,681 |
| Central Park South | Manhattan | $2,100,000 |
| Civic Center | Manhattan | $1,900,968 |
| Hudson Square | Manhattan | $1,900,000 |
| Central Midtown | Manhattan | $1,620,000 |
| Chelsea | Manhattan | $1,587,500 |
| Garment District | Manhattan | $1,502,500 |
| Lincoln Square | Manhattan | $1,465,000 |
| West Village | Manhattan | $1,417,500 |
| Carnegie Hill | Manhattan | $1,400,000 |
| NoMad | Manhattan | $1,395,000 |
| Chinatown | Manhattan | $1,266,031 |
| Flatiron District | Manhattan | $1,230,000 |
| Upper West Side | Manhattan | $1,148,000 |
| Greenwich Village | Manhattan | $1,140,000 |
| Lenox Hill | Manhattan | $1,100,000 |
| Little Italy | Manhattan | $999,500 |
| Battery Park City | Manhattan | $994,500 |
| Gramercy Park | Manhattan | $965,000 |
| Turtle Bay | Manhattan | $952,000 |
| Clinton - Hell's Kitchen | Manhattan | $895,000 |
| Roosevelt Island | Manhattan | $895,000 |
| Yorkville | Manhattan | $847,000 |
| Theatre District - Times Square | Manhattan | $800,000 |
| Financial District | Manhattan | $797,000 |
| East Village | Manhattan | $792,000 |
| Sutton Place | Manhattan | $750,000 |
| Harlem | Manhattan | $747,500 |
| Manhattan Valley | Manhattan | $723,400 |
| Lower East Side | Manhattan | $700,000 |
| Morningside Heights | Manhattan | $685,000 |
| East Harlem | Manhattan | $660,000 |
| Murray Hill | Manhattan | $630,000 |
| Kips Bay | Manhattan | $627,500 |
| Washington Heights | Manhattan | $513,250 |
| Inwood | Manhattan | $405,000 |
| Tudor City | Manhattan | $305,000 |
Residential Properties Sold in Manhattan
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $1.6M | 4% | $1K | -4% | 1089 |
| Coops | $750K | -2% | $995 | 0% | 1157 |
| Houses | $8.2M | 7% | $1K | -11% | 29 |
The median house sale price in Manhattan in Quarter 4 was $8.2M, up 7% year-over-year. Condo prices in Manhattan trended similarly, with the median condo price up 4% year-over-year to $1.6M. Median coop sale price in Manhattan were $750K, a change of -2% year-over-year.
See also
Fair use and redistribution
We encourage and freely grant you permission to reuse and repost the information, charts and images found in this report. When doing so, we only ask that you link back to this page, or PropertyShark.com.
Branded market reports
Advance your marketing strategy and turn our market reports into your new business card.
Find out more