New - 20 hours on Rocket
#RLS11032238, Michael Graves, Listing Office: Douglas Elliman Real Estate
The Flatiron District Housing Market Report January 2025•New York County, New York
Housing Prices in The Flatiron District, NY
How much do homes in The Flatiron District, NY cost?
Housing Market Conditions
Is The Flatiron District, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
The Flatiron District is a Buyer's Market
Difference Since January 2024
Since last year, The Flatiron District has remained a Buyer's Market.
Insight
The Flatiron District is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,812,500$1,695/SqFt
-$69,500
-3.7%
Based on all homes sold in the last 12 months
Insight
Homes in The Flatiron District have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in The Flatiron District was $1,812,500 in January 2025, down 3.7% from last year, and the median price per square foot was $1,695.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Gramercy Park | $1.2M | $1.4M | +16.1% |
| Chelsea | $2.0M | $2.3M | +15.2% |
| The Flatiron District | $1.8M | $1.8M | -3.7% |
| Rose Hill | $2.4M | $1.9M | -17.6% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 22 Bedrooms | $2.2M | $2.0M | -4.8% |
| 33 Bedrooms | $3.8M | $3.8M | +1.3% |
| 55+ Bedrooms | $4.9M | $8.1M | +64.9% |
| 11 Bedroom | $1.1M | $910K | -18.1% |
| 44 Bedrooms | $12.3M | $9.7M | -20.5% |
Summary: The Flatiron District housing price by bedroom type for January 2025, compared to the previous year. The home price for 2 bedroom homes decreased by -4.8%. The home price for 3 bedroom homes increased by +1.3%. The home price for 5 bedroom homes increased by +64.9%. The home price for 1 bedroom homes decreased by -18.1%. The home price for 4 bedroom homes decreased by -20.5%.
Housing supply in The Flatiron District, NY
How many homes are available in The Flatiron District, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 87Last MonthJan 2025 | ||
| 912 months agoDec 2024 | -4.4 % Change MoMDec – Jan |
Summary: The The Flatiron District real estate market had 87 homes for sale in Jan 2025, a 4.4 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthJan 2025 | ||
| 62 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 31 | 26 | -16.1% |
| 33 Bedrooms | 15 | 16 | +6.7% |
| 55+ Bedrooms | 6 | 6 | 0.0% |
| 11 Bedroom | 29 | 27 | -6.9% |
| 44 Bedrooms | 10 | 12 | +20.0% |
Summary: The Flatiron District housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 2 bedroom homes decreased by -16.1%. The inventory for 3 bedroom homes increased by +6.7%. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes decreased by -6.9%. The inventory for 4 bedroom homes increased by +20.0%.
Asking Price vs. Sold Price
How much do homes in The Flatiron District, NY cost?
Over Asking Price0 Home
At Asking Price6 Homes
Under Asking Price0 Home
Insight
If you're buying a home in The Flatiron District, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in The Flatiron District in January 2025, the same as the previous month. Of the 6 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.
Days on Market for The Flatiron District, NY
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in The Flatiron District, NY
What homes are available in The Flatiron District, NY?
New - 20 hours on Rocket
$10,000 Closing Credit¹
#RLS11032145, Katherine Slattery, Listing Office: Corcoran Group
New - 1 day on RocketVideo tour
#RLS11032269, Carol Levy, Listing Office: Levy Carol E
New - 6 days on Rocket3D tour
#RLS11030763, Paige Neuhauser, Listing Office: Brown Harris Stevens Residential Sales LLC
New - 6 days on RocketVideo tour
#RLS11031080, Seema Advani, Listing Office: Compass
Video tour
#RLS11030386, Lauren Rose, Listing Office: Compass
Video tour
#RLS10998117, Erick Berg, Listing Office: Corcoran Group
#RLS11029995, Catherine Juracich, Listing Office: Corcoran Group
$5,878 Closing Credit¹
#RLS11029297, ALEXANDER MAHGOUB, Listing Office: Compass
#RLS11023475, Flatiron House Sales Office, Listing Office: Corcoran Sunshine Marketing Group
#RLS11020472, Lisa Lippman, Listing Office: Brown Harris Stevens Residential Sales LLC
$10,000 Closing Credit¹
#RLS11027244, Frances Katzen, Listing Office: Douglas Elliman Real Estate
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MLS Disclaimers and Copyright
Based on information from Real Estate Board of New York, and OneKey MLS 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.
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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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: 2/4/2025, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.