Kips Bay Housing Market Trends
Market Overview for Q2 2026
$715K
-22.5% Y-o-Y
-$207K Y-o-Y
$1,326
-26.4% Y-o-Y
-$475 Y-o-Y
57
-37.4% Y-o-Y
-34 Y-o-Y
$1.2M
4% Y-o-Y
$50K Y-o-Y
Kips Bay Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $829,000 | $770,000 | $754,252 | $715,000 |
| 2023 | $825,000 | $867,500 | $760,000 | $696,500 |
| 2024 | $690,000 | $687,500 | $798,500 | $595,000 |
| 2025 | $830,000 | $922,073 | $732,500 | $836,250 |
| 2026 | $762,500 | $715,000 |
Kips Bay Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $1,699 | $1,265 | $1,366 | $1,147 |
| 2023 | $1,611 | $1,353 | $1,173 | $1,234 |
| 2024 | $1,212 | $1,248 | $1,149 | $1,084 |
| 2025 | $1,387 | $1,802 | $1,329 | $1,313 |
| 2026 | $1,253 | $1,326 |
Real Estate Transactions in Kips Bay
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 78 | 82 | 92 | 62 |
| 2023 | 67 | 58 | 59 | 36 |
| 2024 | 58 | 76 | 60 | 53 |
| 2025 | 65 | 91 | 84 | 38 |
| 2026 | 48 | 57 |
Manhattan 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 |
Kips Bay Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $829,000 | $770,000 | $754,252 | $715,000 |
| 2023 | $825,000 | $867,500 | $760,000 | $696,500 |
| 2024 | $690,000 | $687,500 | $798,500 | $595,000 |
| 2025 | $830,000 | $922,073 | $732,500 | $836,250 |
| 2026 | $762,500 | $715,000 |
Kips Bay Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $1,699 | $1,265 | $1,366 | $1,147 |
| 2023 | $1,611 | $1,353 | $1,173 | $1,234 |
| 2024 | $1,212 | $1,248 | $1,149 | $1,084 |
| 2025 | $1,387 | $1,802 | $1,329 | $1,313 |
| 2026 | $1,253 | $1,326 |
Real Estate Transactions in Kips Bay
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 78 | 82 | 92 | 62 |
| 2023 | 67 | 58 | 59 | 36 |
| 2024 | 58 | 76 | 60 | 53 |
| 2025 | 65 | 91 | 84 | 38 |
| 2026 | 48 | 57 |
Manhattan 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
$1.2M
-14.5%
$1K
-33.7%
28
Coops
$590K
7.1%
$956
10%
29
Kips Bay Housing Stock
Property Type
Units
13
51
2,378
2,978
1
56
Condo and co-op unit counts only include individually owned units. Commercially owned, multifamily-style units are not included.
Neighborhood Risk Trends
Property Type
Buildings in Flood Zone
Buildings in Hurricane Evacuation Zone
Total No. of Buildings
All Residential
4
7
190
Single Family
0
0
12
2-4 Family
0
0
45
Condo
3
3
36
Co-op
0
0
44
Townhouse
0
0
1
Other residential
1
4
52
All Residential
4
7
190
Kips Bay: Demographics
Total population
28,501
Median age
35
No high school education
1.4%
Some high school/college
9.5%
Bachelor's degree
41.9%
Average household income
$228,670
Occupied housing units
15,652
Owner-occupied units
26.0%
Renter-occupied units
74.0%
Median year structure built
1961
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Median Sale Price
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City
Median Sale Price Q2 2026