Manhattan Real Estate Market Trends

Market Overview for Quarter 2, 2021

Median Sale Price


16% YoY

Median Price/Sqft


3% YoY

No. of Transactions


154% YoY

New York City Median Sale Price


14% YoY

What is the median sale price and median price per sq ft in Manhattan?

As of Quarter 2, the median home sale price in Manhattan was $1.1M, up 16% year-over-year. A total of 4560 properties traded, representing a 154% year-over-year increase. The median price per square foot in Quarter 2 was $1,333, a 3% YoY change. The median home sale price in New York City was $773K.

Manhattan Borough Map

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 $5,364,000
TriBeCa Manhattan $3,600,000
NoHo Manhattan $2,950,000
SoHo Manhattan $2,687,500
Hudson Square Manhattan $2,562,500
NoMad Manhattan $2,189,362
Central Park South Manhattan $2,075,000
Chinatown Manhattan $2,066,160
NoLIta Manhattan $1,875,000
Civic Center Manhattan $1,825,000
Flatiron District Manhattan $1,782,000
West Village Manhattan $1,751,000
Carnegie Hill Manhattan $1,675,000
Two Bridges Manhattan $1,597,561
Little Italy Manhattan $1,350,000
Chelsea Manhattan $1,300,000
Lincoln Square Manhattan $1,252,500
East Village Manhattan $1,234,628
Roosevelt Island Manhattan $1,225,000
Greenwich Village Manhattan $1,150,000
Upper West Side Manhattan $1,130,000
Lenox Hill Manhattan $1,125,000
Battery Park City Manhattan $999,999
Lower East Side Manhattan $992,500
Central Midtown Manhattan $990,000
Gramercy Park Manhattan $982,500
Financial District Manhattan $965,000
Sutton Place Manhattan $955,000
Clinton - Hell's Kitchen Manhattan $950,000
Garment District Manhattan $940,000
Theatre District - Times Square Manhattan $868,000
Yorkville Manhattan $857,165
Murray Hill Manhattan $750,000
Harlem Manhattan $715,000
Manhattan Valley Manhattan $699,000
Turtle Bay Manhattan $670,029
Morningside Heights Manhattan $640,000
East Harlem Manhattan $634,453
Koreatown Manhattan $630,000
Kips Bay Manhattan $618,000
Washington Heights Manhattan $526,226
Inwood Manhattan $428,875
Tudor City Manhattan $315,888

Residential Properties Sold in Manhattan

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $1.6M 1% $1K 0% 2175
Coops $815K 6% $992 2% 2346
Houses $8.8M 28% $1K -3% 34

The median house sale price in Manhattan in Quarter 2 was $8.8M, up 28% year-over-year. However, median condo prices in Manhattan remained flat year-over-year at $1.6M. Median coop sale price in Manhattan were $815K, a change of 6% year-over-year.

See also

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