Manhattan Housing Market Trends

Market Overview for February 2026

$1.3M 4.9% Y-o-Y $59K Y-o-Y
$1,433 -2.5% Y-o-Y -$36 Y-o-Y
3,016 -5.5% Y-o-Y -174 Y-o-Y
$1.3M 4% Y-o-Y $59K Y-o-Y
Manhattan Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $1,159,031 $1,200,000 $1,120,000 $1,030,000
2023 $1,054,500 $1,182,281 $1,100,000 $1,100,000
2024 $998,000 $1,169,500 $1,115,000 $1,060,000
2025 $1,125,000 $1,200,000 $1,135,000 $1,117,570
2026 $1,200,000 $1,259,199
Manhattan Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $1,422 $1,455 $1,428 $1,445
2023 $1,474 $1,458 $1,419 $1,404
2024 $1,320 $1,440 $1,418 $1,405
2025 $1,426 $1,469 $1,435 $1,406
2026 $1,456 $1,433
Real Estate Transactions in Manhattan
Year Q1 Q2 Q3 Q4
2022 3,985 4,445 4,028 2,803
2023 2,308 3,022 3,109 2,470
2024 2,281 2,979 3,026 2,697
2025 2,735 3,190 3,419 2,779
2026 2,699 3,016
New York City Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $780,000 $790,000 $780,000 $750,000
2023 $739,000 $770,000 $770,000 $750,000
2024 $749,000 $800,000 $800,000 $789,850
2025 $805,000 $830,000 $840,000 $825,000
2026 $840,000 $864,750
Manhattan Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $1,159,031 $1,200,000 $1,120,000 $1,030,000
2023 $1,054,500 $1,182,281 $1,100,000 $1,100,000
2024 $998,000 $1,169,500 $1,115,000 $1,060,000
2025 $1,125,000 $1,200,000 $1,135,000 $1,117,570
2026 $1,200,000 $1,259,199
Manhattan Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $1,422 $1,455 $1,428 $1,445
2023 $1,474 $1,458 $1,419 $1,404
2024 $1,320 $1,440 $1,418 $1,405
2025 $1,426 $1,469 $1,435 $1,406
2026 $1,456 $1,433
Real Estate Transactions in Manhattan
Year Q1 Q2 Q3 Q4
2022 3,985 4,445 4,028 2,803
2023 2,308 3,022 3,109 2,470
2024 2,281 2,979 3,026 2,697
2025 2,735 3,190 3,419 2,779
2026 2,699 3,016
New York City Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $780,000 $790,000 $780,000 $750,000
2023 $739,000 $770,000 $770,000 $750,000
2024 $749,000 $800,000 $800,000 $789,850
2025 $805,000 $830,000 $840,000 $825,000
2026 $840,000 $864,750

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
$1.8M
7.2%
$1K
-3.5%
1,346
Coops
$880K
3.5%
$1K
1.6%
1,625
Houses
$6M
-6.3%
$1K
-7.3%
45

Manhattan Housing Stock

Property Type
Units
Single Family
2,358
2-4 Family
4,193
Condo
121,948
Co-op
170,130
Townhouse
169
Other
2,447

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

#
Neighborhood
Median Sale Price

Discover Housing Market Trends in NY State

#
City
Median Sale Price Q2 2026