New - 3 days on RocketVideo tour
$10,000 Closing Credit¹
#RLS11031801, Esteban Gomez, Listing Office: Compass
Garment District Housing Market Report January 2025•New York County, New York
Housing Prices in Garment District, NY
How much do homes in Garment District, NY cost?
Median List Price
$1,485,000$1,471/SqFt
Based on all homes listed in the last 12 months
Insight
The list price of homes in Garment District has remained the same since last year.
Summary: The median home list price in Garment District was $1,485,000 in January 2025, the same as the previous year, and the median price per square foot was $1,471.
Median List Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Midtown East | $1.1M | $1.3M | +12.9% |
| Midtown Manhattan | $1.3M | $1.4M | +7.5% |
| Murray Hill | $975K | $999K | +2.5% |
| Garment District | $1.4M | $1.4M | 0.0% |
| Theater District | $990K | $972.5K | -1.8% |
Median List Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $1.2M | $1.0M | -18.0% |
| 22 Bedrooms | $1.6M | $1.5M | -3.3% |
| 33 Bedrooms | $3.0M | $2.6M | -10.5% |
| 44 Bedrooms | $18.5M | $10.7M | -41.7% |
| 55+ Bedrooms | - | - | N/A |
Summary: Garment District housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -18.0%. The home price for 2 bedroom homes decreased by -3.3%. The home price for 3 bedroom homes decreased by -10.5%. The home price for 4 bedroom homes decreased by -41.7%. The home price for 5 bedroom homes did not change.
Housing supply in Garment District, NY
How many homes are available in Garment District, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthJan 2025 | ||
| 92 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The Garment District real estate market had 9 homes for sale in Jan 2025, the same as Dec 2024
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 3 | 0.0% |
| 22 Bedrooms | 4 | 4 | 0.0% |
| 33 Bedrooms | 1 | 1 | 0.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Garment District housing inventory by bedroom type for January 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 remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Days on Market for Garment District, NY
How long does it take to sell a home in Garment District, NY?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 224 DaysThis YearJan 2025 | ||
| 213 Days1 year agoJan 2024 | +5.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Garment District had an average listing age of 224 days in Jan 2025, up by 5.1% compared to the previous year.
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Newest Listings in Garment District, NY
What homes are available in Garment District, NY?
New - 7 days on Rocket
$10,000 Closing Credit¹
#RLS11030857, Michael Johnson, Listing Office: Compass
$6,888 Closing Credit¹
#RLS11027944, Scott Hill, Listing Office: Serhant
$6,947 Closing Credit¹
#RLS11016935, Ian Katz, Listing Office: Compass
$5,344 Closing Credit¹
#RLS11014822, Hana Moon, Listing Office: Corcoran Group
$10,000 Closing Credit¹
#RLS11007591, Mei-Ying Huang, Listing Office: Corcoran Group
#RLS11012145, McKenzie Ryan, Listing Office: Douglas Elliman Real Estate
Video tour
#RLS10999961, Michael Bethoney, Listing Office: Nest Seekers LLC
$10,000 Closing Credit¹
#RLS10992335, Ekaterina Nadirova, Listing Office: Douglas Elliman Real Estate
#RLS10990396, Seth Podell, Listing Office: Elegran LLC
$7,125 Closing Credit¹
#RLS10975139, ABE BOTHA, Listing Office: Douglas Elliman Real Estate
#RLS10932110, Paul Wexler, Listing Office: Corcoran Group
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MLS Disclaimers and Copyright
Based on information from Real Estate Board of New York, for the period 02/01/2023 - 02/01/2025
©2025 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services. Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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: 2/5/2025, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.