Manhattan Housing Market Trends

Market Overview for February 2026

$1.2M 4.2% Y-o-Y $50K Y-o-Y
$1,433 -2.4% Y-o-Y -$35 Y-o-Y
3,055 -4.4% Y-o-Y -142 Y-o-Y
$1.2M 4% Y-o-Y $50K Y-o-Y
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
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
$1.8M
6.7%
$1K
-3.4%
1,354
Coops
$875K
2.9%
$1K
0.9%
1,656
Houses
$6M
-6.3%
$1K
-7.3%
45

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

#
Neighborhood
Median Sale Price

Discover Housing Market Trends in NY State

#
City
Median Sale Price Q2 2026