Manhattan Real Estate Market Trends

Market Overview for November, 2024


Median Sale Price

$1M

6.5% YoY


Median Price/Sqft

$1,338

-0.1% YoY


No. of Transactions

1,905

90.9% YoY

New York City Median Sale Price

$699K

3% YoY

What is the median sale price and median price per sq ft in Manhattan?
As of November, the median home sale price in Manhattan was $1M, up 6.5% year-over-year. A total of 1905 properties traded, representing a 90.9% year-over-year increase. The median price per square foot in November was $1,338, a -0.1% YoY change. The median home sale price in New York City was $699K.

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 Neighborhoods 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
Central Park South Manhattan $6,025,017
NoHo Manhattan $3,612,500
TriBeCa Manhattan $3,500,000
SoHo Manhattan $3,200,000
Hudson Square Manhattan $2,572,500
NoMad Manhattan $2,035,000
Flatiron District Manhattan $1,700,000
Carnegie Hill Manhattan $1,682,500
Upper West Side Manhattan $1,542,500
Chelsea Manhattan $1,497,500
Greenwich Village Manhattan $1,357,500
Central Midtown Manhattan $1,300,000
Morningside Heights Manhattan $1,280,000
Chinatown Manhattan $1,132,500
Lenox Hill Manhattan $1,100,000
Financial District Manhattan $1,075,000
Lincoln Square Manhattan $1,072,500
Gramercy Park Manhattan $1,061,750
West Village Manhattan $1,060,000
Two Bridges Manhattan $1,056,989
Sutton Place Manhattan $1,000,000
Battery Park City Manhattan $957,970
Theatre District - Times Square Manhattan $915,000
Yorkville Manhattan $815,000
Lower East Side Manhattan $799,000
Manhattan Valley Manhattan $725,000
East Village Manhattan $725,000
Clinton - Hell's Kitchen Manhattan $652,050
Turtle Bay Manhattan $640,000
Murray Hill Manhattan $635,000
Harlem Manhattan $600,000
Kips Bay Manhattan $530,000
Washington Heights Manhattan $500,000
East Harlem Manhattan $366,500
Tudor City Manhattan $320,000
Inwood Manhattan $265,000

Residential Properties Sold in Manhattan

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $1.6M -9.1% $1K -5.7% 773
Coops $797K 1% $971 2.1% 1121
Houses $7.1M -9.8% $3K 77.3% 10

The median house sale price in Manhattan in November was $7.1M, down 9.8% year-over-year. Condo prices in Manhattan trended similarly, with the median condo price down 9.1% year-over-year to $1.6M. Median coop sale price in Manhattan were $797K, a change of 1% year-over-year.

Discover market trends in other boroughs in New York City

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