East Harlem Housing Market Report February 2025New York County, New York

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Housing Prices in East Harlem, NY

How much do homes in East Harlem, NY cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$750,000$838/SqFt
+$70,000
+10.3%

Based on all homes listed in the last 12 months

Insight

The list price of homes in East Harlem has increased by 10.3% since last year.

Summary: The median home list price in East Harlem was $750,000 in February 2025, up 10.3% from the previous year, and the median price per square foot was $838.

Median List Price By Neighborhoods

Median List Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
East Harlem
+10.3%
Upper Manhattan
+5.1%
Central Harlem
+2.8%
Central Park
+2.6%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$552.5K$597.5K
+8.1%
2$680K$711.7K
+4.7%
3$1.3M$1.5M
+13.2%
4$2.7M$2.5M
-5.6%
5$2.2M$2.3M
+4.4%

Summary: East Harlem housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +8.1%. The home price for 2 bedroom homes increased by +4.7%. The home price for 3 bedroom homes increased by +13.2%. The home price for 4 bedroom homes decreased by -5.6%. The home price for 5 bedroom homes increased by +4.4%.

Housing supply in East Harlem, NY

How many homes are available in East Harlem, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
95Last MonthFeb 2025
902 months agoJan 2025
+5.6 %
Change MoMJan – Feb

Summary: The East Harlem real estate market had 95 homes for sale in Feb 2025, a 5.6 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
12222
0.0%
23131
0.0%
31618
+12.5%
445
+25.0%
51719
+11.8%

Summary: East Harlem housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +12.5%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes increased by +11.8%.

Asking Price vs. Sold Price

How much do homes in East Harlem, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price8 Homes

Under Asking Price1 Home

Insight

If you're buying a home in East Harlem, expect to pay close to the asking price. 88.9% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in East Harlem in February 2025, the same as the previous month. Of the 9 sold homes, 11% were sold under asking, 89% were sold at asking, and and 0% were sold over asking.

Days on Market for East Harlem, NY

How long does it take to sell a home in East Harlem, NY?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days7 Homes

Insight

Most homes in East Harlem are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 9 homes were sold in East Harlem; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 78% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
167 DaysThis YearFeb 2025
326 Days1 year agoFeb 2024
-48.8 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in East Harlem had an average listing age of 167 days in Feb 2025, down by 48.8% compared to the previous year.

Newest Listings in East Harlem, NY

What homes are available in East Harlem, NY?

MLS Disclaimers and Copyright

Based on information from Real Estate Board of New York, and OneKey MLS for the period 03/01/2023 - 03/01/2025

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Last updated on: 3/12/2025, 12:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/12/2025, 12:11:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.