$1.4M
-0.3% Y-o-Y
-$4K Y-o-Y
Garment District Housing Market Trends
Market Overview for Q3 2026
$1,360
62.7% Y-o-Y
$524 Y-o-Y
8
60% Y-o-Y
3 Y-o-Y
$1.2M
5% Y-o-Y
$65K Y-o-Y
Garment District Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $945,000 | $1,100,000 | $750,000 | $1,250,000 |
| 2023 | $1,092,500 | $1,454,220 | $767,500 | $1,635,000 |
| 2024 | $1,275,000 | $1,485,000 | $1,445,000 | $1,300,000 |
| 2025 | $595,000 | $1,395,000 | $1,450,000 | $3,161,750 |
| 2026 | $1,292,500 | $998,000 | $1,445,476 |
Garment District Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $1,183 | $1,216 | $1,497 | $991 |
| 2023 | $1,050 | $1,327 | $1,536 | $1,893 |
| 2024 | $1,803 | $1,547 | $1,471 | $838 |
| 2025 | $1,242 | $1,765 | $836 | $1,970 |
| 2026 | $1,507 | $1,397 | $1,360 |
Real Estate Transactions in Garment District
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 5 | 5 | 5 | 3 |
| 2023 | 2 | 8 | 6 | 4 |
| 2024 | 5 | 5 | 5 | 3 |
| 2025 | 1 | 5 | 5 | 6 |
| 2026 | 8 | 15 | 8 |
Manhattan Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $781,500 | $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 | $801,497 | $830,000 | $840,000 | $825,000 |
| 2026 | $840,000 | $860,000 | $880,000 |
Garment District Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $945,000 | $1,100,000 | $750,000 | $1,250,000 |
| 2023 | $1,092,500 | $1,454,220 | $767,500 | $1,635,000 |
| 2024 | $1,275,000 | $1,485,000 | $1,445,000 | $1,300,000 |
| 2025 | $595,000 | $1,395,000 | $1,450,000 | $3,161,750 |
| 2026 | $1,292,500 | $998,000 | $1,445,476 |
Garment District Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $1,183 | $1,216 | $1,497 | $991 |
| 2023 | $1,050 | $1,327 | $1,536 | $1,893 |
| 2024 | $1,803 | $1,547 | $1,471 | $838 |
| 2025 | $1,242 | $1,765 | $836 | $1,970 |
| 2026 | $1,507 | $1,397 | $1,360 |
Real Estate Transactions in Garment District
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 5 | 5 | 5 | 3 |
| 2023 | 2 | 8 | 6 | 4 |
| 2024 | 5 | 5 | 5 | 3 |
| 2025 | 1 | 5 | 5 | 6 |
| 2026 | 8 | 15 | 8 |
Manhattan Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $781,500 | $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 | $801,497 | $830,000 | $840,000 | $825,000 |
| 2026 | $840,000 | $860,000 | $880,000 |
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
$1.5M
7.9%
$1K
9.7%
4
Coops
$950K
-56.8%
$1K
88.2%
3
Houses
$1.5M
-
$11
-
1
Garment District Housing Stock
Property Type
Units
384
340
10
Condo and co-op unit counts only include individually owned units. Commercially owned, multifamily-style units are not included.
Neighborhood Risk Trends
Garment District: Demographics
Total population
5,858
Median age
35
No high school education
2.7%
Some high school/college
12.1%
Bachelor's degree
40.3%
Average household income
$232,684
Occupied housing units
3,198
Owner-occupied units
14.8%
Renter-occupied units
85.2%
Median year structure built
1988
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Median Sale Price
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Median Sale Price Q3 2026