$8,609 Closing Credit*
$725,000
Studio
•1 Full Bath
#COMP-1704635785027360281, Laurie Karpowich, Listing Office: Compass
Is Greenwich Village, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Greenwich Village has remained a Buyer's Market.
Key Takeaway
Greenwich Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Greenwich Village, NY
How much do homes in Greenwich Village, NY cost?
Median Sold Price
$1,702,750
$2,148/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$122,250(-6.7%)
Key Takeaway
Homes in Greenwich Village have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in Greenwich Village was $1,702,750 in October 2024, down 6.7% from last year, and the median price per square foot was $2,148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.1M | $1.1M | +1.8% |
| 2 Bedrooms | $2.2M | $2.4M | +5.5% |
| 3 Bedrooms | $4.5M | $4.4M | -1.4% |
| 4 Bedrooms | $7.4M | $6.2M | -16.5% |
| 5+ Bedrooms | $8.7M | $11.6M | +32.9% |
Summary: Greenwich Village housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes increased by 32.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Chelsea | $1.9M | $2.2M | +14.2% |
| Greenwich Village | $1.8M | $1.7M | -6.7% |
| West Village | $1.9M | $1.7M | -10.9% |
| Hudson Square / West SoHo | $2.7M | $1.9M | -30.5% |
Housing Supply in Greenwich Village, NY
How many homes are available in Greenwich Village, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 359 | 324 | -9.7% |
Summary: The Greenwich Village real estate market had 324 homes for sale in October 2024, a 9.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 154 | 131 | -14.9% |
| 2 Bedrooms | 93 | 84 | -9.7% |
| 3 Bedrooms | 50 | 44 | -12.0% |
| 4 Bedrooms | 32 | 29 | -9.4% |
| 5+ Bedrooms | 30 | 36 | +20.0% |
Summary: The Greenwich Village housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.9%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 25 | -49.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenwich Village, expect to pay close to the asking price. 88% of homes here sold near the asking price last month.
Summary: A total of 25 homes were sold or pending in Greenwich Village in October 2024, down by 49.0% month-over-month. Of the 25 sold homes, 12% were sold under asking, 88% were sold at asking, and 0% were sold over asking.
Days on Market for Greenwich Village, NY
We’re sorry, we don't have information for this market at the moment
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