Nolita Housing Market Report March 2025•New York County, New York

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Housing Prices in Nolita, NY

How much do homes in Nolita, NY cost?

Housing Market Conditions

Is Nolita, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Nolita is a Seller's Market

Difference Since February 2025

Last month, Nolita was a Buyer's Market.

Insight

Nolita is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$6,800,000$1,818/SqFt
-$13,450,000
-66.4%

Based on all homes sold in March 2025

Insight

Homes in Nolita have sold for 66.4% less than they did a month ago.

Summary: The median home sold price in Nolita was $6,800,000 in March 2025, down 66.4% from last month, and the median price per square foot was $1,818.

Median Sold Price By Bedrooms

Median Sold 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 2025Mar 2025Change MoM
1--
N/A
2--
N/A
3-$5.7M
N/A
4$32.5M-
N/A
5$8.0M$9.2M
+15.0%

Summary: Nolita housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +15.0%.

How does Nolita, NY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Nolita, NY

Housing supply in Nolita, NY

How many homes are available in Nolita, 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
20Last MonthMar 2025
192 months agoFeb 2025
+5.3 %
Change MoMFeb – Mar

Summary: The Nolita real estate market had 20 homes for sale in Mar 2025, a 5.3 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
4Last MonthMar 2025
22 months agoFeb 2025
+100.0 %
Change MoMFeb – Mar

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.
BedsFeb 2025Mar 2025Change MoM
112
+100.0%
278
+14.3%
356
+20.0%
443
-25.0%
521
-50.0%

Summary: Nolita housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +14.3%. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes decreased by -50.0%.

Asking Price vs. Sold Price

How much do homes in Nolita, 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 Price4 Homes

Under Asking Price0 Home

Insight

If you're buying a home in Nolita, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Nolita in March 2025, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Nolita, NY

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days3 Homes

Insight

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

Summary: During March 2025, 4 homes were sold in Nolita; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
224 DaysLast MonthMar 2025
459 Days1 month agoFeb 2025
-51.1 %
Change MoMFeb – Mar

Summary: Homes in Nolita had an average listing age of 224 days in Mar 2025, down by 51.1% compared to the previous month.

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Newest Listings in Nolita, NY

What homes are available in Nolita, NY?

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MLS Disclaimers and Copyright

Based on information from Real Estate Board of New York, for the period 02/01/2025 - 04/01/2025

IDX ©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: 4/23/2025, 5:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.