Is Battery Park City, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Battery Park City is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Battery Park City was a Seller's Market.

Key Takeaway

Battery Park City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Battery Park City, NY

How much do homes in Battery Park City, NY cost?

Median Sold Price

$1,292,500

$1,344/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$130,250(+11.2%)

Key Takeaway

Homes in Battery Park City have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in Battery Park City was $1,292,500 in November 2024, up 11.2% from last year, and the median price per square foot was $1,344.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $825K$912K
+10.5%
2 $1.7M$1.5M
-10.0%
3 $2.9M$2.6M
-11.8%
4 $3.6M$3.7M
+1.6%
5+ -$5.1M
N/A

Summary: Battery Park City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Battery Park City
+11.2%
TriBeCa
+3.0%
Financial District
-2.1%
Lower Manhattan
-6.5%

Housing Supply in Battery Park City, NY

How many homes are available in Battery Park City, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9180-12.1%

Summary: The Battery Park City real estate market had 80 homes for sale in November 2024, a 12.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4538
-15.6%
2 2420
-16.7%
3 1718
+5.9%
4 43
-25.0%
5+ 11
0.0%

Summary: The Battery Park City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.6%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 8 homes were sold or pending in Battery Park City in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Battery Park City, NY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Battery Park City, NY

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