Manhattan Housing Market Trends

Market Overview for August 2026

$1.1M 2.6% Y-o-Y $29K Y-o-Y
$1,396 -4.6% Y-o-Y -$67 Y-o-Y
727 -34.6% Y-o-Y -385 Y-o-Y
$1.1M 2% Y-o-Y $29K Y-o-Y
Manhattan Median Sale Price
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 $1,200,000 $1,100,000 $1,160,000 $1,264,176 $1,142,470 $1,200,000 $1,100,000 $1,140,000 $1,147,500 $1,040,000 $1,069,581 $995,000
2023 $1,005,012 $1,015,500 $1,150,000 $1,160,805 $1,200,000 $1,173,000 $1,100,000 $1,125,000 $1,080,691 $1,050,000 $1,100,000 $1,175,000
2024 $999,947 $995,000 $997,500 $1,125,000 $1,200,000 $1,180,000 $1,175,000 $1,000,000 $1,175,000 $1,059,912 $1,100,000 $1,031,000
2025 $1,100,000 $1,165,000 $1,100,000 $1,136,000 $1,250,000 $1,150,000 $1,238,750 $1,111,000 $1,018,250 $1,100,000 $1,100,000 $1,150,500
2026 $1,280,888 $1,142,000 $1,190,000 $1,246,723 $1,275,000 $1,248,678 $1,200,000 $1,140,000
Manhattan Median Sale Price/Sq. Ft.
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 $1,446 $1,401 $1,432 $1,454 $1,454 $1,463 $1,410 $1,472 $1,388 $1,446 $1,481 $1,373
2023 $1,501 $1,374 $1,491 $1,506 $1,452 $1,455 $1,477 $1,437 $1,378 $1,397 $1,442 $1,395
2024 $1,345 $1,271 $1,349 $1,422 $1,456 $1,442 $1,437 $1,365 $1,466 $1,372 $1,443 $1,390
2025 $1,397 $1,454 $1,446 $1,452 $1,484 $1,462 $1,467 $1,463 $1,354 $1,402 $1,422 $1,409
2026 $1,494 $1,369 $1,481 $1,420 $1,477 $1,410 $1,426 $1,396
Real Estate Transactions in Manhattan
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 1,270 1,216 1,505 1,296 1,482 1,673 1,340 1,527 1,165 985 922 897
2023 771 666 873 827 1,085 1,111 1,008 1,181 924 935 734 801
2024 784 684 818 905 1,029 1,050 1,073 1,028 930 960 816 925
2025 922 855 931 979 1,037 1,181 1,208 1,112 1,101 1,039 781 964
2026 939 798 971 884 965 1,206 1,205 727
New York City Median Sale Price
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 $785,000 $775,000 $785,000 $785,000 $785,000 $800,000 $790,000 $790,000 $760,000 $750,000 $759,888 $735,000
2023 $750,000 $725,000 $750,000 $755,000 $770,000 $775,000 $780,000 $780,000 $750,000 $738,500 $760,000 $770,000
2024 $755,000 $740,000 $745,000 $795,000 $782,000 $809,754 $832,928 $780,000 $778,000 $776,500 $780,000 $800,000
2025 $805,000 $823,000 $795,000 $800,000 $835,000 $850,000 $864,494 $849,762 $814,000 $820,000 $820,000 $837,500
2026 $850,000 $840,000 $835,000 $842,250 $865,000 $872,000 $885,000 $900,000
Manhattan Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $1,160,000 $1,200,000 $1,120,000 $1,027,500
2023 $1,054,500 $1,182,562 $1,100,000 $1,100,000
2024 $998,250 $1,169,750 $1,116,900 $1,060,500
2025 $1,121,480 $1,200,000 $1,135,000 $1,119,000
2026 $1,200,000 $1,250,000
Manhattan Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $1,426 $1,456 $1,428 $1,445
2023 $1,477 $1,467 $1,419 $1,406
2024 $1,320 $1,443 $1,419 $1,406
2025 $1,427 $1,468 $1,436 $1,406
2026 $1,459 $1,433
Real Estate Transactions in Manhattan
Year Q1 Q2 Q3 Q4
2022 3,991 4,451 4,032 2,804
2023 2,310 3,023 3,113 2,470
2024 2,286 2,984 3,031 2,701
2025 2,708 3,197 3,421 2,784
2026 2,708 3,055
New York City Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $781,000 $790,000 $780,000 $750,000
2023 $739,500 $770,000 $770,000 $750,000
2024 $750,000 $800,000 $800,000 $790,000
2025 $802,995 $830,000 $840,000 $825,000
2026 $840,000 $860,000

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$1.7M
7.1%
$1K
-3.5%
309
Coops
$825K
2.5%
$964
-6.7%
410
Houses
$5.3M
-42.4%
$1K
-5.7%
8

Manhattan Housing Stock

Property Type
Units
Single Family
2,290
2-4 Family
4,104
Condo
122,013
Co-op
168,318
Townhouse
155
Other
2,401

Condo and co-op unit counts only include individually owned units. Commercially owned, multifamily-style units are not included.

Manhattan: Demographics

Total population
1,595,811
Median age
39
No high school education
5.1%
Some high school/college
17.7%
Bachelor's degree
32.9%
Average household income
$170,767
Occupied housing units
763,772
Owner-occupied units
25.1%
Renter-occupied units
74.9%
Median year structure built
1958

Discover Housing Market Trends in Other Manhattan Neighborhoods

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Neighborhood
Median Sale Price

Discover Housing Market Trends in NY State

#
City
Median Sale Price Q2 2026