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Written By Jai CDigital Marketing Manager
Reviewed By Mark KReal Estate Broker
Price Drop: $34K
456 W 167th Street #4D, New York, NY 10032
168 E 111th Street #2D, New York, NY 10029
168 E 111th Street #4D, New York, NY 10029
55 30 99th Street #2H, New York, NY 11432
246 W 132nd St Th, New York, NY 10027
35 30 146 Street #306, New York, NY 11354
Hot
3D Tour
3D Tour
345 E 93rd Street #30C, New York, NY 10128 
30 Macombs Pl #42, New York, NY 10039
474 W 145th St Th, New York, NY 10031
157 W 123rd Street #3E, New York, NY 10027
710 W End Ave #10D, New York City, NY 10025
34 Gramercy Park E #8C, New York City, NY 10003Hot
16 W 18th Street #7, New York City, NY 10011
Greater Capital Association of Realtors (Global) MLS-NY
OneKey MLS-NY
Rebny MLS-NY
Manhattan, NYHousing Market
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.
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
March 2026
Last updated
Live MLS Data |13,801 active homes tracked
|Data Sources:
Greater Capital Association of Realtors (Global) MLS-NY
Manhattan, NY Real Estate Market Snapshot
MEDIAN HOME PRICE
$1,325,000↑ 0.06%
MORTGAGE RATES 30-YR 30-YR FIXED
6.23%↓ 0.58%
STATUS
Buyer's Market
DAYS ON MARKET
93
↑ 10.00% YoY
INVENTORY
5,094
↓ 0.14% YoY
Is Now a Good Time to Buy in Manhattan? Here's What We Think
Now is a smart time to buy in Manhattan. The median sale price sits at $1,325,000, a marginal change from last year, with home sales seeing no change over the same stretch. Use these numbers to figure out how much leverage you actually have at the table.
Median Sale Price
$1,325,000
↑ 0.06%YoY
Homes Sold
755
↓ 0%YoY
Median Days on Market
93
↑ 10YoY
What this chart showsMedian Sale Price
This metric shows how home prices are trending in Manhattan. The median sale price is currently $1,325,000, a marginal change from last year. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.
Median Sale Price Trend
AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years
Manhattan
Updated MonthlyLast Updated: March 2026
Manhattan Housing Market Forecast for 2026
Manhattan's housing market is expected to keep favoring buyers in 2026, with modest price growth, rising inventory, and homes taking longer to sell.
Market Outlook:
- Home prices expected to rise modestly by 2-4%, reflecting cooling demand
- Months of supply forecast to hold near 4-6, giving buyers more choice
- Homes being on the market longer gives buyers added leverage to negotiate price and terms
Will the Manhattan Housing Market Crash in 2026?
Expert consensus points to no. Manhattan is seeing steady demand with no signs of distressed selling. The market is simply rebalancing after a period of tight inventory, not heading toward a downturn. Buyers can expect more negotiating room and a wider selection through 2026.
UnlikelyCrash MeterLikely
Current Market Indicators
Days on Market:
93 days
Months of Supply:
6.7 months
Sale-to-List Ratio:
99.37%
Mortgage Rates:
Currently- 6.23% projected to hover between 6.0% and 6.8%
Is There Enough Inventory in Manhattan Right Now?
Yes, buyers have plenty of options in Manhattan right now. The market has 5,094 active listings and 6.7 months of supply, giving buyers more choice and negotiating power. There were 1,780 new listings last month, while the inventory had a marginal change year-over-year.
Homes for Sale
5,094
↓ 0.14%YoY
Newly Listed Homes
1,780
↓ 0.12%YoY
Months of Supply
6.7
↓ 1.40%YoYBuyer's Market
What this chart showsHomes for Sale
This chart shows the total number of homes currently available for sale in Manhattan. There are currently 5,094 active listings. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.
Homes for Sale Trend
AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years
Manhattan
Updated MonthlyLast Updated: March 2026
Are Buyers or Sellers Controlling the Manhattan Market?
Buyers currently have the upper hand in the Manhattan housing market. Homes are selling for 99.37% of their asking price, and price reductions saw a marginal change year-over-year. Frequent price cuts give buyers more room to negotiate and put pressure on sellers to compete.
Homes Sold Above List Price
3.58%
↑ 0.01%YoY
Homes with Price Drops
25.8%
↑ 2.93%YoY
Sale-to-List Ratio
99.37%
↑ 0.16%YoYBuyer's Market
What this chart showsSold Above List
The line tracks the share of homes in Manhattan selling above their asking price over time. Currently, 3.58% of homes sold above asking last month. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.
Homes Sold Above List Price Trend
AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years
Manhattan
Updated MonthlyLast Updated: March 2026
Find Your Perfect Manhattan Home Now
13,801 homes for sale in Manhattan, NYPrice Drop: $34K$465,000
5
2Bds
2Ba
728sqft
Sale Pending
Keller Williams Rty Gold Coast
$818,000
3
2Bds
2Ba
796sqft
Condo for sale
E Realty International Corp
$833,000
3
2Bds
2Ba
796sqft
Condo for sale
E Realty International Corp
$449,000
6
3Bds
2Ba
1,300sqft
Condo for sale
New Dream Realty Inc
$2,450,000
4
5Bds
6Ba
4,860sqft
Manufactured home for sale
Harlem Lofts Inc.
$1,039,000
1
2Bds
2Ba
791sqft
Condo for sale
P R O Links Realty Inc
Hot3D Tour3D Tour$750,000
6
2Bds
1Ba
900sqft
Condo for sale
Nexthome Residential
$209,000
3
2Bds
1Ba
12,390sqft
Condo for sale
Besmatch Crosswest Group Corp.
$1,800,000
4
--Bd
--Ba
--sqft
Multi family home for sale
Harlem Lofts Inc.
$155,000
9
--Bd
1Ba
250sqft
Single family home for sale
Harlem Lofts Inc.
$780,000
4
1Bd
1Ba
--sqft
Condo for sale
Listing by Compass, provided by REBNY
$2,750,000
10
3Bds
2Ba
--sqft
Condo for sale
Listing by Compass, provided by REBNY
Hot$2,750,000
17
2Bds
2Ba
1,416sqft
Condo for sale
Listing by Nest Seekers Llc, provided by REBNY
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Frequently Asked Questions
How have Manhattan house prices changed over the past year?
Median home prices in Manhattan have seen a marginal change YoY, and now stand at $1,325,000. You can check your home's fair market value with our free home value estimator to compare prices in your neighborhood and know where you stand.
What are Manhattan real estate market predictions for 2026?
House prices in Manhattan, New York, should stabilize in the coming months. However, affordability remains a challenge across the New York housing market, due to rising mortgage rates.
What's the average home price in Manhattan?
The average house price in Manhattan depends on the property type, size, and local market conditions. Condos cost around $1,285,000, while single-family homes average $5,250,000. You can also find cheap homes for sale in Manhattan that fit your budget.
What is a good time to buy a home in Manhattan?
August to December is typically the best time to buy a house in Manhattan, when supply is high and demand is low. Before buying, check if mortgage rates are stable and ensure there's more than 6 months of housing inventory available. Make sure you assess the current housing market trends in Manhattan before you invest.
When will the Manhattan housing market crash?
According to housing market forecasts, the market is unlikely to crash in the near future. Home prices and demand should increase during the summer, and stabilize by winter. The market is projected to remain steady, with sustained growth through 2026 and beyond.
How to buy a home in Manhattan?
Set a clear budget and get a mortgage pre-approval. Then, explore homes for sale in Manhattan, submit your offers, secure loans, and complete the closing process.
How can I list my home for sale in Manhattan, NY?
You can list your home for sale with a Flat Fee MLS New York listing service. High-tech MLS listing sites like Houzeo automatically assign the right MLS paperwork based on your location. 🚀
What is the average mortgage rate for buyers in Manhattan?
The average mortgage rate for buyers fluctuates between 6.4% and 6.9%. It depends on the market and your credit score. Always check current rates with lenders before you apply.
What is a good time to sell a house in Manhattan?
February to July is typically the best time to sell a house in Manhattan, when demand is high and homes spend fewer days on the market. Carefully assess market trends in your specific area before you act.
Our MLS data sources
All sources updated daily
Median prices, rents and active inventory aggregated from MLS systems across New York.
Data provided by Redfin, a national real estate brokerage.
Important Legal Disclosures
*Based on Houzeo calculations of home data from MLS and/or public records.
“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.
All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.
Based on information from OneKey MLS, through Oct 9, 2026, 2:16 AM. 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.
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 Oct 9, 2026, 2:15 AM. 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.