Market Overview for Quarter 4, 2022
Median Sale Price
-8% YoY
Median Price/Sqft
-4% YoY
No. of Transactions
-32% YoY
New York City Median Sale Price
-4% YoY
What is the median sale price and median price per sq ft in Manhattan?
Manhattan Borough Map
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 | $5,479,000 |
| Central Park South | Manhattan | $5,237,500 |
| NoHo | Manhattan | $4,600,000 |
| SoHo | Manhattan | $3,727,500 |
| TriBeCa | Manhattan | $3,500,000 |
| Hudson Square | Manhattan | $2,500,000 |
| NoMad | Manhattan | $2,200,000 |
| NoLIta | Manhattan | $2,125,000 |
| Carnegie Hill | Manhattan | $2,093,750 |
| Little Italy | Manhattan | $1,825,000 |
| Chinatown | Manhattan | $1,797,500 |
| Two Bridges | Manhattan | $1,455,643 |
| Greenwich Village | Manhattan | $1,392,500 |
| Financial District | Manhattan | $1,355,000 |
| Upper West Side | Manhattan | $1,345,000 |
| Chelsea | Manhattan | $1,325,000 |
| Theatre District - Times Square | Manhattan | $1,282,500 |
| Battery Park City | Manhattan | $1,270,000 |
| Garment District | Manhattan | $1,250,000 |
| West Village | Manhattan | $1,180,000 |
| Roosevelt Island | Manhattan | $1,150,687 |
| Flatiron District | Manhattan | $1,145,000 |
| Lincoln Square | Manhattan | $1,100,000 |
| Lenox Hill | Manhattan | $1,075,000 |
| East Village | Manhattan | $1,057,500 |
| Gramercy Park | Manhattan | $1,013,158 |
| Central Midtown | Manhattan | $990,000 |
| Clinton - Hell's Kitchen | Manhattan | $980,000 |
| Turtle Bay | Manhattan | $974,980 |
| Lower East Side | Manhattan | $966,077 |
| Civic Center | Manhattan | $859,500 |
| Yorkville | Manhattan | $855,000 |
| Sutton Place | Manhattan | $795,000 |
| Murray Hill | Manhattan | $720,000 |
| Kips Bay | Manhattan | $696,500 |
| Koreatown | Manhattan | $687,500 |
| Morningside Heights | Manhattan | $617,500 |
| East Harlem | Manhattan | $585,000 |
| Manhattan Valley | Manhattan | $510,000 |
| Harlem | Manhattan | $499,500 |
| Washington Heights | Manhattan | $397,500 |
| Inwood | Manhattan | $394,500 |
| 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 | -7% | $1K | -6% | 1305 |
| Coops | $737K | -4% | $967 | -1% | 1679 |
| Houses | $6.3M | -30% | $2K | 1% | 22 |
The median house sale price in Manhattan in Quarter 4 was $6.3M, down 30% year-over-year. Condo and coop prices in Manhattan trended similarly, with a median condo price of $1.6M, down 7% year-over-year, and the median coop sale price down -4 % year-over-year to $737K.
See also
Manhattan Commercial Market Trends
Manhattan Multifamily Market Trends
Manhattan Retail Market Trends
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