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Manhattan Housing Market Data (Continuously Updated)

Data refreshed July 7, 2026 · Homix

Manhattan's median is up, but the headline hides a split market — condos and luxury are pulling prices higher while the co-op middle sits flat to soft. The tables below gather the sourced figures: the borough-wide median, the condo-vs-co-op spread, and neighborhood-by-neighborhood medians and price per square foot, plus the record median rent and vacancy set this spring.

Treat these as directional: neighborhood monthly samples are small and single-month medians swing. For the full read, see Manhattan Residential Market Data 2026 and Manhattan Rentals in 2026; to weigh new inventory, browse current new developments. Every number carries its source and as-of date — rely on the latest report.

Manhattan Overall: Median, Inventory & Absorption

MetricFigure
Borough median sale price (Q1 2026)$1,225,000 (+5.2% YoY)
Monthly median (March 2026, Redfin)~$1.1M (+~8% YoY)
Condo median (Q1 2026)~$1.75M
Co-op median (Q1 2026)$850K
Active inventory (Q1 2026)~6,000 units (five-year Q1 low)
Days on market (Q1 2026)~110 (fastest Q1 since 2018)

As of 2026 Q1 / 2026 年 3 月 · Source: Douglas Elliman / Miller Samuel, Q1 2026; Redfin, March 2026 (via Homix Journal)

Neighborhood Median, PPSF & Trend

Sub-neighborhoodMedian sale pricePrice / sq ftYoY trendDays on market
Upper West Side~$1.6M~$1,677+12%~65
Upper East Side~$1.4Mn/a+6.7%n/a
Midtown~$1.1M~$1,510−7.9%n/a
Downtown Manhattan~$1.6M~$1,650≈ flat~66
FiDi~$1.2M~$1,164+25% (volatile)n/a
Tribeca~$3.8M~$1,680+30% (volatile)~99
SoHo~$3.2M~$1,900−17% (volatile)~106
Harlem~$655K~$834−14%n/a

As of 2026 年 3–4 月 / Mar–Apr 2026 · Source: Redfin (Mar–Apr 2026); StreetEasy Q1 2026 (via Homix Journal). Neighborhood samples are small — read as directional.

Manhattan Rental Market

MetricFigureAs of
Median rent (signed leases)$5,099Apr 2026
Year-over-year change~ +6%Apr 2026
Vacancy rate1.55%Apr 2026
Median asking rent~$4,700+Feb 2026
Active listings vs. year ago~ −25%early 2026
30-year fixed mortgage rate6.49%Jun 25, 2026

As of 2026 年 4 月 / April 2026 · Source: Douglas Elliman / Miller Samuel; StreetEasy; Freddie Mac PMMS (via Homix Journal)

Quick answers

What is Manhattan's median home price in 2026?

Per Douglas Elliman / Miller Samuel, Manhattan's borough-wide median was $1,225,000 in Q1 2026, up 5.2% year over year. Redfin's March 2026 monthly read put it near $1.1M, up about 8% — different methods, same upward direction.

How wide is the condo-vs-co-op price gap?

In Q1 2026 the condo median sat near $1.75M against a co-op median of $850K (Douglas Elliman / Miller Samuel, Q1 2026) — one of the widest spreads in recent memory.

Which Manhattan neighborhoods are rising or falling?

As of March–April 2026 (Redfin): the Upper West Side was near $1.6M (+12%) and the Upper East Side near $1.4M (+6.7%); Midtown was near $1.1M (−7.9%) and Harlem near $655K (−14%). Neighborhood monthly samples are small — read these as directional.

What are Manhattan rents and vacancy right now?

In April 2026, Manhattan's median signed-lease rent hit a record $5,099, up about 6% year over year, with vacancy at 1.55% — the lowest in more than six years — and active listings down roughly 25% (Douglas Elliman / Miller Samuel; StreetEasy).

Data sources

  • Douglas Elliman / Miller Samuel, Q1 2026; Redfin, March 2026 (via Homix Journal)
  • Redfin (Mar–Apr 2026); StreetEasy Q1 2026 (via Homix Journal). Neighborhood samples are small — read as directional.
  • Douglas Elliman / Miller Samuel; StreetEasy; Freddie Mac PMMS (via Homix Journal)

Note: figures are lifted from the cited Homix market reports and their named primary sources, presented per stated period. Markets move — verify current numbers with an advisor before acting.

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