Homes for Sale Under 400K in Manhattan, NY

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Manhattan, NY Housing Market Overview

Manhattan is a buyer's market right now. Homes are sitting on the market for 93 days on average. With 6.7 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

Status

Buyer's Market

Days on Market

93

Inventory

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Aug 2021Mar 2024Mar 2026

Median Home Price

$1,325,000Up 0.06%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
728 Down 0.14%
Newly Listed Homes
1,780 Down 0.12%
Months of Supply
6.7 Down 1.40%

Housing Demand

Homes Sold
755 Down 0.00%
Sale-to-List Ratio
99.4% Up 0.16%
Homes Sold Above List
3.6% Up 0.01%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Manhattan Market Report
  • mls-imgIDX Logo
    Based on information from OneKey MLS, through Sep 20, 2026, 5:37 PM. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 OneKey® MLS. All rights reserved.
  • mls-imgIDX Logo

    The real estate listing data marked with this icon comes from the IDX program of the RLS at REBNY Listing Service (RLS). Listing information for certain New York City properties is provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS") through Sep 20, 2026, 5:30 PM. Information deemed reliable but not guaranteed. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. Buyer to verify all information. © 2026 The Real Estate Board of New York, Inc. All rights reserved.

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Manhattan, NY Housing Marketlink qauare
Homes Available icon

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Homes Available

Median List Price icon

$ 1,325,000

Median List Price

Avg on Market icon

93 Days

Avg on Market

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