Lower East Side Real Estate Market Trends

Market Overview for Quarter 4, 2020


Median Sale Price

$700K

-10% YoY


Median Price/Sqft

$1,080

-20% YoY


No. of Transactions

43

0% YoY

Manhattan Median Sale Price

$1M

6% YoY

In Quarter 4, the median home sale price in Lower East Side was $700K, down 10% year-over-year. A total of 43 homes were sold, representing only a 0% difference year-over-year. The median price per square foot as of Quarter 4 was $1,080, a -20% YoY change. In Manhattan, the median home sale price was $1M.

Lower East Side Neighborhood Map

Lower East Side Median Sale Price

View: GraphTable

Median Sale Price Per Square Feet

View: Graph Table

Real Estate Transactions in Lower East Side

View: Graph Table

Top most expensive neighborhoods in Manhattan

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
TriBeCa Manhattan $3,563,875
SoHo Manhattan $2,700,000
NoHo Manhattan $2,700,000
Hudson Yards Manhattan $2,678,750
Central Park South Manhattan $2,237,500
NoLIta Manhattan $2,225,000
Two Bridges Manhattan $2,157,681
Civic Center Manhattan $1,900,968
Hudson Square Manhattan $1,882,812
Central Midtown Manhattan $1,845,000
Chelsea Manhattan $1,593,750
Garment District Manhattan $1,502,500
NoMad Manhattan $1,490,000
Lincoln Square Manhattan $1,465,000
West Village Manhattan $1,427,500
Carnegie Hill Manhattan $1,400,000
Chinatown Manhattan $1,266,031
Flatiron District Manhattan $1,230,000
Greenwich Village Manhattan $1,147,500
Upper West Side Manhattan $1,130,000
Lenox Hill Manhattan $1,060,000
Little Italy Manhattan $999,500
Battery Park City Manhattan $994,500
Gramercy Park Manhattan $957,500
Turtle Bay Manhattan $952,000
Clinton - Hell's Kitchen Manhattan $910,000
Roosevelt Island Manhattan $895,000
Yorkville Manhattan $846,000
Theatre District - Times Square Manhattan $825,000
Sutton Place Manhattan $800,000
East Village Manhattan $795,500
Financial District Manhattan $791,000
Manhattan Valley Manhattan $723,400
Morningside Heights Manhattan $718,000
Harlem Manhattan $715,000
Lower East Side Manhattan $700,000
East Harlem Manhattan $660,000
Kips Bay Manhattan $625,000
Murray Hill Manhattan $615,000
Washington Heights Manhattan $508,750
Inwood Manhattan $460,000
Tudor City Manhattan $327,500

Residential Properties Sold in Lower East Side

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $905K -32% $1K -12% 5
Coops $700K -2% $948 -2% 38
Houses - - - - 0

The median condo price in Lower East Side in Quarter 4 was $905K, down 32% year-over-year. Median coop sale price in Lower East Side were $700K, a change of -2% year-over-year. There was no statistically significant data for median house sale price activity for the period of Quarter 4 in Lower East Side.

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.

Branded market reports

Advance your marketing strategy and turn our market reports into your new business card.

Find out more