Greenwich Village Real Estate Market Trends

Market Overview for October, 2024


Median Sale Price

$1.3M

40.5% YoY


Median Price/Sqft

$2,197

24.7% YoY


No. of Transactions

80

95.1% YoY

Manhattan Median Sale Price

$1M

11% YoY

What is the median sale price and median price per sq ft in Greenwich Village?
As of October, the median home sale price in Greenwich Village was $1.3M, up 40.5% year-over-year. A total of 80 properties traded, representing a 95.1% year-over-year increase. The median price per square foot in October was $2,197, a 24.7% YoY change. The median home sale price in Manhattan was $1M.

Greenwich Village Median Sale Price

View: GraphTable

Median Sale Price Per Square Feet

View: Graph Table

Real Estate Transactions in Greenwich Village

View: Graph Table

Top most expensive neighborhoods in Manhattan

Greenwich Village median price compared with other neighborhoods in Manhattan

Greenwich Village property values are on the higher-end for neighborhoods in Manhattan .




Greenwich Village median price compared with all the neighborhoods in Manhattan

Neighborhood Borough Median Sale Price
Central Park South Manhattan $5,400,000
TriBeCa Manhattan $2,987,500
Two Bridges Manhattan $2,306,856
Carnegie Hill Manhattan $2,262,500
West Village Manhattan $2,017,500
NoMad Manhattan $1,975,000
Chelsea Manhattan $1,800,000
Hudson Square Manhattan $1,750,000
Flatiron District Manhattan $1,650,000
SoHo Manhattan $1,515,000
Battery Park City Manhattan $1,399,000
Greenwich Village Manhattan $1,295,000
Sutton Place Manhattan $1,250,000
East Village Manhattan $1,228,693
Lenox Hill Manhattan $1,200,000
Theatre District - Times Square Manhattan $1,170,000
Gramercy Park Manhattan $1,150,000
Financial District Manhattan $1,100,000
Upper West Side Manhattan $1,075,000
Morningside Heights Manhattan $999,000
Lincoln Square Manhattan $975,000
Turtle Bay Manhattan $950,000
Civic Center Manhattan $918,500
Yorkville Manhattan $880,000
Murray Hill Manhattan $880,000
Clinton - Hell's Kitchen Manhattan $790,000
Central Midtown Manhattan $782,500
Chinatown Manhattan $763,000
Kips Bay Manhattan $750,000
Harlem Manhattan $719,000
Manhattan Valley Manhattan $691,500
Roosevelt Island Manhattan $607,500
Lower East Side Manhattan $605,000
East Harlem Manhattan $527,500
Washington Heights Manhattan $425,000
Garment District Manhattan $410,700
Inwood Manhattan $362,000
Tudor City Manhattan $347,500

Residential Properties Sold in Greenwich Village

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $3.7M 112.6% $2K 10.2% 14
Coops $997K 18% $1K 33% 64
Houses $16.5M - $3K - 2

The median house sale price in Greenwich Village in October was relatively flat year-over-year at $16.5M. However, median condo prices in Greenwich Village trended up 112.6% year-over-year to $3.7M. Median coop sale price in Greenwich Village were $997K, a change of 18% year-over-year.

Discover market trends in other boroughs in New York City

Discover market trends in other popular cities across the U.S

Fair use and redistribution

We encourage and freely grant you permission to reuse and repost the information, charts and images found in this report. When doing so, we only ask that you link back to this page, or PropertyShark.com.

Greenwich Village Neighborhood Guide

The Village, as locals know it, is a rich stew of college student-driven energy and intimate New York neighborhood living. The rural roots of early Greenwich Village survive today in a tapestry of quirky alleys and streets that protest New York City's carefully orchestrated grid. For much of the past 100 years those iconic streets have attracted similarly inclined residents who make Greenwich Village a symbol for alternative lifestyles. The Village is where the world comes to experience New York City, and as a resident you are part of that excitement.

Architecture and landmarks

The lifeblood of Greenwich Village flows from Washington Square Park which spreads out from behind Stanford White's iconic Memorial Arch which has stood since 1889. New York University is the economic engine of the neighborhood and often a threat to the eclectic Greenwich Village streetscape. Village buildings range from the elegant Greek Revival townhouses lining the park to the Federal-Style treasures gracing the sensuous Grove Street to the wonderful High Victorian Gothic Jefferson Market Courthouse and its 172-foot clock tower. Once voted the fourth-most beautiful building in America the former hall of justice now does duty as a branch of the New York Public Library. Stonewall National Monument, the nation's first dedicated to LGBT rights, is in a park near the meeting of Christopher Street and 7th Avenue.

Transport

New York City buses serve Greenwich Village on the M5, M7, M11, M14 and M20 lines. Sixth, Seventh, and Eighth avenues and Broadway all have subway stops in the Village and the N and R lines stop at 8th Street and Union Square.

Schools

In addition to New York University, the prestigious New School and Cooper Union call Greenwich Village home. Two elementary schools are zoned for the Village: PS 3, Melser Charrette School, and PS 41, Greenwich Village School. High school students filter into neighboring schools in the city.

Health

Lenox Health Greenwich Village boasts Manhattan's first freestanding emergency department. Village Care is the largest blanket care provider in this real estate market, specializing in programs for AIDS and care for the elderly. Most Village residents turn to small private and group practices for medical needs.

Safety

Greenwich Village is under the jurisdiction of the 1st Precinct, where 21.69 crimes were reported for every 1,000 residents in 2015.

Things to do

After a day spent haunting the art galleries and specialized retailing in the Village you can try one of the estimated 800 eating and drinking establishments within easy strolling distance. Take your pick from lively night spots that cater to the area's thousands of college students or the quieter pubs that host the many artists and notables who live in the Village.

The Comedy Cellar has been a proving ground for stand-up comics since 1982 and several theaters host off-Broadway hopes. The music clubs in Greenwich Village are legendary: the Bitter End on Bleecker Street practically ushered in America's folk music scene in the 1960s and the Blue Note has been the city's premier jazz club for over half a century. The neighborhood can even claim its own orchestra, an amalgamation of some 60 volunteer musicians who perform regularly as the Greenwich Village Orchestra.

The Village also serves up a host of playgrounds and pocket parks. The West Fourth Street Courts have gained notoriety for the tough physical play on the basketball courts inside "The Cage."