11 hours on Rocket
$7,066 Closing Credit¹
#RLS20008439, Charles Paul Miller, Listing Office: Corcoran Group
Hell's Kitchen Housing Market Report February 2025•New York County, New York
Housing Prices in Hell's Kitchen, NY
How much do homes in Hell's Kitchen, NY cost?
Housing Market Conditions
Is Hell's Kitchen, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Hell's Kitchen is a Buyer's Market
Difference Since February 2024
Since last year, Hell's Kitchen has remained a Buyer's Market.
Insight
Hell's Kitchen is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,100,000$1,424/SqFt
-$64,000
-5.5%
Based on all homes sold in the last 12 months
Insight
Homes in Hell's Kitchen have sold for 5.5% less than they did a year ago.
Summary: The median home sold price in Hell's Kitchen was $1,100,000 in February 2025, down 5.5% from last year, and the median price per square foot was $1,424.
Median Sold Price By Neighborhoods
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Midtown East | $1.1M | $1.1M | +2.2% |
| Midtown Manhattan | $1.3M | $1.3M | +1.2% |
| Hell's Kitchen | $1.1M | $1.1M | -5.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $897K | $832.5K | -7.2% |
| 22 Bedrooms | $1.6M | $1.5M | -4.5% |
| 33 Bedrooms | $2.6M | $2.4M | -9.1% |
| 44 Bedrooms | $3.5M | $6.8M | +93.0% |
| 55+ Bedrooms | $5.0M | - | N/A |
Summary: Hell's Kitchen housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -7.2%. The home price for 2 bedroom homes decreased by -4.5%. The home price for 3 bedroom homes decreased by -9.1%. The home price for 4 bedroom homes increased by +93.0%. The home price for 5 bedroom homes did not change.
How does Hell's Kitchen, NY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Hell's Kitchen, NY
Housing supply in Hell's Kitchen, NY
How many homes are available in Hell's Kitchen, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 190Last MonthFeb 2025 | ||
| 1842 months agoJan 2025 | +3.3 % Change MoMJan – Feb |
Summary: The Hell's Kitchen real estate market had 190 homes for sale in Feb 2025, a 3.3 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthFeb 2025 | ||
| 112 months agoJan 2025 | +18.2 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 44 Bedrooms | 4 | 4 | 0.0% |
| 11 Bedroom | 80 | 82 | +2.5% |
| 22 Bedrooms | 68 | 74 | +8.8% |
| 33 Bedrooms | 23 | 22 | -4.3% |
| 55+ Bedrooms | 9 | 8 | -11.1% |
Summary: Hell's Kitchen housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 4 bedroom homes remained the same. The inventory for 1 bedroom homes increased by +2.5%. The inventory for 2 bedroom homes increased by +8.8%. The inventory for 3 bedroom homes decreased by -4.3%. The inventory for 5 bedroom homes decreased by -11.1%.
Asking Price vs. Sold Price
How much do homes in Hell's Kitchen, NY cost?
Over Asking Price1 Home
At Asking Price10 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in Hell's Kitchen, expect to pay close to the asking price. 76.9% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Hell's Kitchen in February 2025, up by 18.2% month-over-month. Of the 13 sold homes, 15% were sold under asking, 77% were sold at asking, and and 8% were sold over asking.
Days on Market for Hell's Kitchen, NY
How long does it take to sell a home in Hell's Kitchen, NY?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days10 Homes
Insight
Most homes in Hell's Kitchen are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 13 homes were sold in Hell's Kitchen; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 77% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 236 DaysThis YearFeb 2025 | ||
| 0 Days1 year agoFeb 2024 | 0.0 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Hell's Kitchen had an average listing age of 236 days in Feb 2025, down by .0% compared to the previous year.
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Newest Listings in Hell's Kitchen, NY
What homes are available in Hell's Kitchen, NY?
11 hours on Rocket
$10,000 Closing Credit¹
#RLS20008391, Jacqueline E Davis, Listing Office: Douglas Elliman Real Estate
12 hours on Rocket
$10,000 Closing Credit¹
#RLS20008261, Jesse L Rosenthal, Listing Office: Brown Harris Stevens Residential Sales LLC
12 hours on Rocket
#RLS20008237, Wilfredo Rivera, Listing Office: Douglas Elliman Real Estate
16 hours on Rocket
$10,000 Closing Credit¹
#RLS20008505, Deborah H Baum, Listing Office: Corcoran Group
1 day on Rocket
$10,000 Closing Credit¹
#RLS20008302, Sofia Falleroni, Listing Office: Sothebys International Realty
1 day on Rocket
$10,000 Closing Credit¹
#RLS20008387, Sofia Falleroni, Listing Office: Sothebys International Realty
1 day on Rocket
$4,738 Closing Credit¹
#RLS20005683, Jessica Swersey, Listing Office: Compass
1 day on Rocket
$10,000 Closing Credit¹
#RLS20008071, Chang M Ding, Listing Office: Nest Seekers LLC
1 day on Rocket
#RLS20008130, GILAD AZARIA, Listing Office: Douglas Elliman Real Estate
1 day on Rocket
$7,719 Closing Credit¹
#RLS20008069, Rami Rabayah, Listing Office: Rabayah LLC
1 day on Rocket
$10,000 Closing Credit¹
#RLS20008114, 355 West Sales Office, Listing Office: Corcoran Group
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Based on information from Real Estate Board of New York, and OneKey MLS 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.
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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, 6:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of OneKey MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
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, 6:11:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.