Lower East Side Real Estate Market Trends

Market Overview for Quarter 2, 2022


Median Sale Price

$980K

7% YoY


Median Price/Sqft

$1,666

28% YoY


No. of Transactions

65

-8% YoY

Manhattan Median Sale Price

$1.2M

4% 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 $980K, a 7% increase year-over-year. A total of 65 properties changed hands, representing an 8% contraction compared to the same month last year. The median price per square foot as of Quarter 2 was $1,666, a 28% YoY change. In Manhattan, the median home sale price was $1.2M.

Lower East Side Neighborhood Map

Lower East Side Median Sale Price

View: GraphTable

Median Sale Price Per Square Feet

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Real Estate Transactions in Lower East Side

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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 $6,891,500
Central Park South Manhattan $5,464,977
NoHo Manhattan $3,895,000
TriBeCa Manhattan $3,450,000
SoHo Manhattan $3,415,000
Hudson Square Manhattan $2,400,000
NoMad Manhattan $2,168,923
NoLIta Manhattan $2,098,000
Two Bridges Manhattan $2,045,082
Carnegie Hill Manhattan $1,999,900
Civic Center Manhattan $1,890,000
Flatiron District Manhattan $1,775,000
Chinatown Manhattan $1,711,660
Chelsea Manhattan $1,470,000
Lincoln Square Manhattan $1,400,000
Greenwich Village Manhattan $1,350,000
Lenox Hill Manhattan $1,262,500
Upper West Side Manhattan $1,227,500
Garment District Manhattan $1,175,000
West Village Manhattan $1,165,000
Financial District Manhattan $1,100,000
Central Midtown Manhattan $1,075,000
Battery Park City Manhattan $1,050,000
Clinton - Hell's Kitchen Manhattan $1,050,000
Theatre District - Times Square Manhattan $1,025,000
Gramercy Park Manhattan $985,000
Turtle Bay Manhattan $984,999
Lower East Side Manhattan $980,000
Roosevelt Island Manhattan $975,880
Harlem Manhattan $945,000
Yorkville Manhattan $943,087
East Village Manhattan $937,500
Sutton Place Manhattan $931,111
Murray Hill Manhattan $823,000
Morningside Heights Manhattan $752,500
Manhattan Valley Manhattan $750,000
East Harlem Manhattan $709,975
Kips Bay Manhattan $680,000
Washington Heights Manhattan $545,000
Tudor City Manhattan $422,500
Inwood Manhattan $416,250

Residential Properties Sold in Lower East Side

Property Type Median sale price Y-o-Y Median sale price/sqft Y-o-Y Transactions
Condos $1.7M -1% $1K 19% 26
Coops $807K 13% $1K 8% 40
Houses - - - - 0

The median condo prices in Lower East Side remained flat year-over-year at $1.7M. Median coop sale price in Lower East Side were $807K, a change of 13% year-over-year. There was no statistically significant data for median house sale price activity for the period of Quarter 2 in Lower East Side.

See also

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