Kips Bay Housing Market Trends

Market Overview for Q3 2026

$627K -14.4% Y-o-Y -$105K Y-o-Y
$1,394 4.9% Y-o-Y $65 Y-o-Y
54 -35.7% Y-o-Y -30 Y-o-Y
$1.2M 5% Y-o-Y $65K 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 $627,000
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 $1,394
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 54
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
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 $627,000
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 $1,394
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 54
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
$1.3M
3.3%
$1K
-8%
25
Coops
$500K
-7.3%
$818
-6.3%
29

Kips Bay Housing Stock

Property Type
Units
Single Family
13
2-4 Family
51
Condo
2,378
Co-op
2,978
Townhouse
1
Other
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

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

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