Lower East Side Real Estate Market Trends

Market Overview for Quarter 2, 2021


Median Sale Price

$992K

0% YoY


Median Price/Sqft

$1,299

-24% YoY


No. of Transactions

65

124% YoY

Manhattan Median Sale Price

$1.1M

16% YoY

What is the median sale price and median price per sq ft in Lower East Side?

In Quarter 2, the median home sale price in Lower East Side was $992K, a 0% change year-over-year. A total of 65 properties changed hands, up 124% compared to the same month last year. In Quarter 2, the median price per square foot was $1,299, a -24% YoY change. The median home sale price in Manhattan was $1.1M.

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
Hudson Yards Manhattan $5,364,000
TriBeCa Manhattan $3,600,000
NoHo Manhattan $2,950,000
SoHo Manhattan $2,687,500
Hudson Square Manhattan $2,562,500
NoMad Manhattan $2,189,362
Central Park South Manhattan $2,075,000
Chinatown Manhattan $2,066,160
NoLIta Manhattan $1,875,000
Civic Center Manhattan $1,825,000
Flatiron District Manhattan $1,782,000
West Village Manhattan $1,751,000
Carnegie Hill Manhattan $1,675,000
Two Bridges Manhattan $1,597,561
Little Italy Manhattan $1,350,000
Chelsea Manhattan $1,300,000
Lincoln Square Manhattan $1,252,500
East Village Manhattan $1,234,628
Roosevelt Island Manhattan $1,225,000
Greenwich Village Manhattan $1,150,000
Upper West Side Manhattan $1,130,000
Lenox Hill Manhattan $1,125,000
Battery Park City Manhattan $999,999
Lower East Side Manhattan $992,500
Central Midtown Manhattan $990,000
Gramercy Park Manhattan $982,500
Financial District Manhattan $965,000
Sutton Place Manhattan $955,000
Clinton - Hell's Kitchen Manhattan $950,000
Garment District Manhattan $940,000
Theatre District - Times Square Manhattan $868,000
Yorkville Manhattan $857,165
Murray Hill Manhattan $750,000
Harlem Manhattan $715,000
Manhattan Valley Manhattan $699,000
Turtle Bay Manhattan $670,029
Morningside Heights Manhattan $640,000
East Harlem Manhattan $634,453
Koreatown Manhattan $630,000
Kips Bay Manhattan $618,000
Washington Heights Manhattan $526,226
Inwood Manhattan $428,875
Tudor City Manhattan $315,888

Residential Properties Sold in Lower East Side

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $1.8M 43% $1K -8% 22
Coops $725K -6% $958 0% 42
Houses $7.5M - $1K - 1

The median house sale price in Lower East Side in Quarter 2 was relatively flat year-over-year at $7.5M. However, median condo prices in Lower East Side trended up 43% year-over-year to $1.8M. Median coop sale price in Lower East Side were $725K, a change of -6% year-over-year.

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