#RLS11033611, Patricia Galante, Listing Office: Corcoran Group
Manhattan Housing Market Report January 2025•New York County, New York
Housing Prices in Manhattan, NY
How much do homes in Manhattan, NY cost?
Housing Market Conditions
Is Manhattan, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Manhattan is a Buyer's Market
Difference Since January 2024
Since last year, Manhattan has remained a Buyer's Market.
Manhattan is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
The sold price of homes in Manhattan has remained the same since last year.
Summary: The median home sold price in Manhattan was $1,363,307 in January 2025, down 0.3% from last year, and the median price per square foot was $1,386.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
West New York | $685K | $710K | +3.6% |
Hoboken | $866.7K | $886.6K | +2.3% |
Manhattan | $1.3M | $1.3M | -0.3% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $815.7K | $801.8K | -1.7% |
22 Bedrooms | $1.5M | $1.5M | -1.8% |
33 Bedrooms | $3.0M | $2.8M | -5.7% |
44 Bedrooms | $5.4M | $4.8M | -9.3% |
55+ Bedrooms | $7.9M | $6.9M | -12.3% |
Summary: Manhattan housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -1.7%. The home price for 2 bedroom homes decreased by -1.8%. The home price for 3 bedroom homes decreased by -5.7%. The home price for 4 bedroom homes decreased by -9.3%. The home price for 5 bedroom homes decreased by -12.3%.
Housing supply in Manhattan, NY
How many homes are available in Manhattan, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
5,604Last MonthJan 2025 | ||
5,8212 months agoDec 2024 | -3.7 % Change MoMDec – Jan |
Summary: The Manhattan real estate market had 5,604 homes for sale in Jan 2025, a 3.7 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
584Last MonthJan 2025 | ||
5782 months agoDec 2024 | +1.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1,950 | 1,870 | -4.1% |
22 Bedrooms | 1,927 | 1,835 | -4.8% |
33 Bedrooms | 1,039 | 990 | -4.7% |
44 Bedrooms | 481 | 479 | -0.4% |
55+ Bedrooms | 424 | 430 | +1.4% |
Summary: Manhattan housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -4.1%. The inventory for 2 bedroom homes decreased by -4.8%. The inventory for 3 bedroom homes decreased by -4.7%. The inventory for 4 bedroom homes decreased by -0.4%. The inventory for 5 bedroom homes increased by +1.4%.
Asking Price vs. Sold Price
How much do homes in Manhattan, NY cost?
Over Asking Price10 Homes
At Asking Price504 Homes
Under Asking Price70 Homes
If you're buying a home in Manhattan, expect to pay close to the asking price. 86.3% of homes here sold near the asking price last month.
Summary: A total of 584 homes were sold or pending in Manhattan in January 2025, up by 1.0% month-over-month. Of the 584 sold homes, 12% were sold under asking, 86% were sold at asking, and and 2% were sold over asking.
Days on Market for Manhattan, NY
How long does it take to sell a home in Manhattan, NY?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days7 Homes
Over 90 Days6 Homes
Avg time on Rocket Homes in Manhattan has remained consistent over time.
Summary: During January 2025, 584 homes were sold in Manhattan; 1% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
86 DaysThis YearJan 2025 | ||
92 Days1 year agoJan 2024 | -6.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Manhattan had an average listing age of 86 days in Jan 2025, down by 6.3% compared to the previous year.
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Newest Listings in Manhattan, NY
What homes are available in Manhattan, NY?
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MLS Disclaimers and Copyright
Based on information from Real Estate Board of New York, OneKey MLS, Brooklyn MLS, Stellar MLS, and California Regional MLS for the period 02/01/2023 - 02/01/2025

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: 2/12/2025, 6:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
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: 2/11/2025, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright © 2025 Brooklyn Multiple Listing Service. 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: 2/12/2025, 6:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 10:50:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.