Manhattan Housing Market Trends

Market Overview for September 2026

$1.2M 22.8% Y-o-Y $231K Y-o-Y
Open table view
$1,397 3.2% Y-o-Y $42 Y-o-Y
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602 -45.3% Y-o-Y -499 Y-o-Y
Open table view
$1.2M 22% Y-o-Y $231K Y-o-Y
Open table view

The median home sale price in Manhattan as of September 2026 was $1.2M, up 22.8% year-over-year. A total of 602 deals were recorded, representing a year-over-year change of just -45.3%. In September 2026, the median price per square foot was $1,397, a change of +3.2% year-over-year. At the same time, the New York City median home sale price was $885K.

When a location has insufficient sales for calculating accurate metrics, sale information will not be displayed.

Manhattan Median Sale Price
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 $1,200,000 $1,100,000 $1,161,250 $1,264,176 $1,142,470 $1,200,000 $1,100,000 $1,140,000 $1,147,500 $1,040,000 $1,069,581 $995,000
2023 $1,005,012 $1,015,500 $1,150,000 $1,160,805 $1,200,000 $1,173,000 $1,100,000 $1,125,000 $1,080,691 $1,050,000 $1,100,000 $1,175,000
2024 $999,947 $995,000 $997,500 $1,125,000 $1,200,000 $1,180,000 $1,175,000 $1,000,000 $1,175,000 $1,059,912 $1,100,000 $1,031,000
2025 $1,100,000 $1,165,000 $1,100,000 $1,136,000 $1,250,000 $1,150,000 $1,238,750 $1,111,000 $1,018,250 $1,100,000 $1,100,000 $1,150,000
2026 $1,281,941 $1,142,000 $1,187,500 $1,245,433 $1,275,000 $1,250,000 $1,200,000 $1,190,025 $1,250,000
Manhattan Median Sale Price/Sq. Ft.
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 $1,444 $1,401 $1,432 $1,454 $1,454 $1,462 $1,408 $1,472 $1,388 $1,446 $1,480 $1,373
2023 $1,501 $1,374 $1,491 $1,506 $1,452 $1,455 $1,477 $1,437 $1,378 $1,397 $1,441 $1,395
2024 $1,345 $1,271 $1,349 $1,422 $1,455 $1,442 $1,437 $1,365 $1,466 $1,372 $1,443 $1,390
2025 $1,397 $1,454 $1,446 $1,452 $1,484 $1,462 $1,467 $1,463 $1,354 $1,402 $1,422 $1,409
2026 $1,494 $1,369 $1,481 $1,419 $1,477 $1,410 $1,422 $1,396 $1,397
Real Estate Transactions in Manhattan
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 1,270 1,216 1,506 1,296 1,482 1,673 1,340 1,527 1,165 985 922 897
2023 771 666 873 827 1,085 1,111 1,008 1,181 924 935 734 801
2024 784 684 818 905 1,029 1,050 1,073 1,028 930 960 817 925
2025 922 855 931 979 1,037 1,181 1,208 1,112 1,101 1,039 781 965
2026 940 798 972 885 966 1,209 1,219 1,056 602
New York City Median Sale Price
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 $785,000 $775,000 $785,000 $785,000 $785,000 $800,000 $790,000 $790,000 $760,000 $750,000 $759,888 $735,000
2023 $750,000 $725,000 $750,000 $755,000 $770,000 $775,000 $780,000 $780,000 $750,000 $738,000 $760,000 $770,000
2024 $755,000 $740,000 $745,000 $795,000 $782,000 $809,754 $832,928 $780,000 $778,000 $776,500 $780,000 $800,000
2025 $805,000 $821,500 $795,000 $800,000 $835,000 $850,000 $864,494 $849,762 $814,000 $820,000 $820,000 $839,000
2026 $850,000 $840,000 $835,000 $840,000 $864,126 $870,000 $880,000 $875,000 $885,000
Manhattan Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $1,160,000 $1,200,000 $1,120,000 $1,027,500
2023 $1,054,500 $1,182,562 $1,100,000 $1,100,000
2024 $998,250 $1,169,750 $1,116,900 $1,062,662
2025 $1,121,480 $1,200,000 $1,135,000 $1,118,000
2026 $1,200,000 $1,250,000 $1,200,005
Manhattan Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $1,426 $1,455 $1,428 $1,445
2023 $1,477 $1,467 $1,419 $1,405
2024 $1,320 $1,443 $1,419 $1,406
2025 $1,427 $1,468 $1,436 $1,406
2026 $1,459 $1,432 $1,406
Real Estate Transactions in Manhattan
Year Q1 Q2 Q3 Q4
2022 3,992 4,451 4,032 2,804
2023 2,310 3,023 3,113 2,470
2024 2,286 2,984 3,031 2,702
2025 2,708 3,197 3,421 2,785
2026 2,710 3,060 2,877
New York City 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
$1.8M
23.8%
$1K
6.1%
263
Coops
$860K
6.8%
$1K
1.4%
328
Houses
$5.3M
-29.1%
$1K
-46.1%
11

Manhattan Housing Stock

Property Type
Units
Single Family
2,290
2-4 Family
4,104
Condo
121,971
Co-op
168,656
Townhouse
155
Other
2,400
All Residential
299,576

Condo and co-op unit counts only include individually owned units. Commercially owned, multifamily-style units are not included.

Manhattan: Demographics

Total population
1,595,811
Median age
39
No high school education
5.1%
Some high school/college
17.7%
Bachelor's degree
32.9%
Average household income
$170,767
Occupied housing units
763,772
Owner-occupied units
25.1%
Renter-occupied units
74.9%
Median year structure built
1958

Discover Housing Market Trends in Other Manhattan Neighborhoods

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Neighborhood
Median Sale Price

Discover Housing Market Trends in NY State

#
City
Median Sale Price Q3 2026