Market Overview for Quarter 1, 2021
Median Sale Price
-28% YoY
Median Price/Sqft
-18% YoY
No. of Transactions
53% YoY
Manhattan Median Sale Price
-1% YoY
The median home sale price in Lower East Side as of Quarter 1 was $728K, down 28% year-over-year. A total of 63 assets were sold, representing a 53% growth compared to Quarter 1 last year. The median price per square foot was $1,345, an -18% YoY change. In Quarter 1, the median home sale price in Manhattan was $1M.
Lower East Side Neighborhood Map
Top most expensive neighborhoods in Manhattan
View the most recent market trends and historic home sale prices in Manhattan , Brooklyn , Queens , Bronx , Staten Island
Lower East Side median price compared with other neighborhoods in Manhattan
Property values in Lower East Side are lower compared to the borough of Lower East Side overall.
Lower East Side median price compared with all the neighborhoods in Manhattan
| Neighborhood | Borough | Median Sale Price |
|---|---|---|
| Hudson Yards | Manhattan | $5,504,250 |
| TriBeCa | Manhattan | $3,550,000 |
| SoHo | Manhattan | $3,250,000 |
| Hudson Square | Manhattan | $2,906,012 |
| Civic Center | Manhattan | $2,760,000 |
| NoLIta | Manhattan | $2,647,450 |
| Central Park South | Manhattan | $2,147,500 |
| NoHo | Manhattan | $1,935,000 |
| Little Italy | Manhattan | $1,925,000 |
| Garment District | Manhattan | $1,900,000 |
| Flatiron District | Manhattan | $1,865,000 |
| Chinatown | Manhattan | $1,733,179 |
| NoMad | Manhattan | $1,623,500 |
| Carnegie Hill | Manhattan | $1,500,000 |
| West Village | Manhattan | $1,312,500 |
| Two Bridges | Manhattan | $1,225,900 |
| Greenwich Village | Manhattan | $1,165,000 |
| Lenox Hill | Manhattan | $1,150,000 |
| Gramercy Park | Manhattan | $1,119,375 |
| Upper West Side | Manhattan | $1,100,000 |
| Chelsea | Manhattan | $1,077,600 |
| East Village | Manhattan | $1,049,500 |
| Lincoln Square | Manhattan | $1,040,000 |
| Theatre District - Times Square | Manhattan | $997,500 |
| Financial District | Manhattan | $967,500 |
| Central Midtown | Manhattan | $830,000 |
| Yorkville | Manhattan | $824,000 |
| Turtle Bay | Manhattan | $820,000 |
| Sutton Place | Manhattan | $803,750 |
| Manhattan Valley | Manhattan | $800,000 |
| East Harlem | Manhattan | $790,000 |
| Clinton - Hell's Kitchen | Manhattan | $779,500 |
| Battery Park City | Manhattan | $762,900 |
| Murray Hill | Manhattan | $750,000 |
| Lower East Side | Manhattan | $728,000 |
| Harlem | Manhattan | $705,000 |
| Roosevelt Island | Manhattan | $676,551 |
| Morningside Heights | Manhattan | $670,000 |
| Koreatown | Manhattan | $645,000 |
| Kips Bay | Manhattan | $597,000 |
| Washington Heights | Manhattan | $590,000 |
| Inwood | Manhattan | $535,000 |
| Tudor City | Manhattan | $492,500 |
Residential Properties Sold in Lower East Side
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $1.9M | 45% | $1K | -11% | 16 |
| Coops | $686K | 0% | $904 | 16% | 47 |
| Houses | - | - | - | - | 0 |
The median condo price in Lower East Side in Quarter 1 was $1.9M, up 45% year-over-year. Median coop sale price in Lower East Side were $686K, a change of 0% year-over-year. There was no statistically significant data for median house sale price activity for the period of Quarter 1 in Lower East Side.
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