5 days on Rocket
#RLS20007704, Sabrina Saltiel, Listing Office: Douglas Elliman Real Estate
Garment District Housing Market Report February 2025•New York County, New York
Housing Prices in Garment District, NY
How much do homes in Garment District, NY cost?
Median List Price
$1,650,000$1,497/SqFt
+$165,000
+11.1%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Garment District has increased by 11.1% since last year.
Summary: The median home list price in Garment District was $1,650,000 in February 2025, up 11.1% from the previous year, and the median price per square foot was $1,497.
Median List Price By Neighborhoods
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Midtown East | $1.1M | $1.3M | +13.3% |
| Garment District | $1.4M | $1.6M | +11.1% |
| Midtown Manhattan | $1.3M | $1.4M | +7.8% |
| Murray Hill | $975K | $995.9K | +2.1% |
| Theater District | $990K | $960K | -3.0% |
Median List Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $1.2M | $1.2M | +0.6% |
| 22 Bedrooms | $1.4M | $1.6M | +11.1% |
| 33 Bedrooms | $3.0M | $2.3M | -20.8% |
| 44 Bedrooms | $18.5M | $10.7M | -41.7% |
| 55+ Bedrooms | - | - | N/A |
Summary: Garment District housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +0.6%. The home price for 2 bedroom homes increased by +11.1%. The home price for 3 bedroom homes decreased by -20.8%. The home price for 4 bedroom homes decreased by -41.7%. The home price for 5 bedroom homes did not change.
How does Garment District, NY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Garment District, NY
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 |
|---|---|---|
| 13Last MonthFeb 2025 | ||
| 92 months agoJan 2025 | +44.4 % Change MoMJan – Feb |
Summary: The Garment District real estate market had 13 homes for sale in Feb 2025, a 44.4 % increase compared to Jan 2025.
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 4 | 5 | +25.0% |
| 22 Bedrooms | 3 | 5 | +66.7% |
| 33 Bedrooms | 1 | 2 | +100.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Garment District housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +25.0%. The inventory for 2 bedroom homes increased by +66.7%. The inventory for 3 bedroom homes increased by +100.0%. 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 |
|---|---|---|
| 156 DaysThis YearFeb 2025 | ||
| 239 Days1 year agoFeb 2024 | -34.7 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Garment District had an average listing age of 156 days in Feb 2025, down by 34.7% compared to the previous year.
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Newest Listings in Garment District, NY
What homes are available in Garment District, NY?
6 days on Rocket
$10,000 Closing Credit¹
#RLS20007494, Matthew Gulker, Listing Office: Douglas Elliman Real Estate
7 days on Rocket
#RLS20007013, Diana Xin Zhang, Listing Office: Brown Harris Stevens Residential Sales LLC
#RLS20005639, Mara Flash Blum, Listing Office: Sothebys International Realty
#RLS20004599, Paul L Wexler, Listing Office: Corcoran Group
$10,000 Closing Credit¹
#RLS20004242, Tinnie Sassano, Listing Office: Compass
$10,000 Closing Credit¹
#RLS11033620, Lisa K Lippman, Listing Office: Brown Harris Stevens Residential Sales LLC
#RLS11032336, Tara King Brown, Listing Office: Corcoran Sunshine Marketing Group
Video tour
$10,000 Closing Credit¹
#RLS11031801, Esteban Gomez, Listing Office: Compass
$10,000 Closing Credit¹
#RLS11030857, Michael I Johnson, Listing Office: Compass
$6,947 Closing Credit¹
#RLS11016935, Ian K Katz, Listing Office: Compass
$5,344 Closing Credit¹
#RLS11014822, Hana Moon, 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 03/01/2023 - 03/01/2025
©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: 3/13/2025, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.