Garment District Housing Market Trends

Market Overview for Q3 2026

$1.4M -0.3% Y-o-Y -$4K Y-o-Y
$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
Condo
384
Co-op
340
Other
10

Condo and co-op unit counts only include individually owned units. Commercially owned, multifamily-style units are not included.

Neighborhood Risk Trends

Properties in this neighborhood are not designated as at risk from fire, flood or hurricane activity.

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

Discover Housing Market Trends in Other Manhattan Neighborhoods

#
Neighborhood
Median Sale Price
1
NoLIta
$5,890,000
2
Hudson Yards
$4,922,500
3
TriBeCa
$3,670,000
4
SoHo
$3,505,000
5
Hudson Square
$3,350,000
6
NoHo
$3,185,000
7
Chinatown
$2,613,489
8
Two Bridges
$2,581,190
9
Carnegie Hill
$2,350,000
10
Central Park South
$2,350,000
11
NoMad
$2,225,000
12
Flatiron District
$1,900,000
13
Battery Park City
$1,886,825
14
Central Midtown
$1,597,500
15
Chelsea
$1,570,500
16
West Village
$1,560,000
17
Garment District
$1,445,476
18
Greenwich Village
$1,415,000
19
Little Italy
$1,412,500
20
Lenox Hill
$1,355,000
21
Upper West Side
$1,350,000
22
Lincoln Square
$1,245,000
23
Roosevelt Island
$1,173,759
24
Gramercy Park
$1,150,000
25
East Village
$1,116,500
26
Sutton Place
$992,500
27
Financial District
$990,000
28
Turtle Bay
$965,000
31
Civic Center
$850,000
32
Lower East Side
$850,000
33
Yorkville
$830,000
34
Manhattan Valley
$817,500
35
Murray Hill
$746,250
36
Harlem
$740,000
37
East Harlem
$697,000
38
Morningside Heights
$687,500
39
Kips Bay
$627,000
40
Washington Heights
$590,000
41
Tudor City
$395,000
42
Inwood
$378,000

Discover Housing Market Trends in NY State

#
City
Median Sale Price Q3 2026
1
Binghamton
$136K
2
Buffalo
$175K
3
Garden City
$1.4M
4
Glen Cove
$903K
5
Hempstead
$755K
6
Lindenhurst
$627K
7
Long Beach
$846K
8
New Rochelle
$904K
9
Poughkeepsie
$400K
10
Riverhead
$650K
11
Smithtown
$729K
12
Southampton
$1.4M
13
Valley Stream
$765K
14
Watertown
$184K
15
White Plains
$832K
16
Yonkers
$818K