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 October 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

$1,300,000

$1,340/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$150,000(+13.0%)

Key Takeaway

Homes in Battery Park City have sold for 13% more than they did a year ago.

Summary: The median home sold price in Battery Park City was $1,300,000 in October 2024, up 13% from last year, and the median price per square foot was $1,340.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $807.5K$890K
+10.2%
2 $1.8M$1.5M
-14.4%
3 $2.9M$2.6M
-9.8%
4 $3.6M$3.7M
+2.3%
5+ -$5.1M
N/A

Summary: Battery Park City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes decreased by 14.4%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Battery Park City
+13.0%
TriBeCa
-0.8%
Financial District
-5.1%
Lower Manhattan
-7.1%

Housing Supply in Battery Park City, NY

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10492-11.5%

Summary: The Battery Park City real estate market had 92 homes for sale in October 2024, a 11.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4844
-8.3%
2 2828
0.0%
3 2315
-34.8%
4 44
0.0%
5+ 11
0.0%

Summary: The Battery Park City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 34.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
129-25.0%

Asking Price vs. Sold Price

1 Home Was 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. 88.9% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Battery Park City in October 2024, down by 25.0% month-over-month. Of the 9 sold homes, 11% were sold under asking, 89% 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 7 Days Ago

Newest Listings in Battery Park City, NY

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