Is Manhattan Valley, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Manhattan Valley is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Manhattan Valley has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Manhattan Valley, NY

How much do homes in Manhattan Valley, NY cost?

Median Sold Price

$1,367,500

$1,386/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$632,500(+86.1%)

Key Takeaway

Homes in Manhattan Valley have sold for 86.1% more than they did a year ago.

Summary: The median home sold price in Manhattan Valley was $1,367,500 in November 2024, up 86.1% from last year, and the median price per square foot was $1,386.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $577.5K$676K
+17.1%
2 $788K$1.5M
+93.5%
3 $1.6M$2.2M
+32.5%
4 $4.3M$1.6M
-61.7%
5+ $3.8M$4.6M
+21.0%

Summary: Manhattan Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.1%, 2 bedroom homes increased by 93.5%, 3 bedroom homes increased by 32.5%, 4 bedroom homes decreased by 61.7%, and 5+ bedroom homes increased by 21%.

Median Sold Price Compared To Nearby Neighborhoods

Manhattan Valley
+86.1%
Upper West Side
-1.5%

Housing Supply in Manhattan Valley, NY

How many homes are available in Manhattan Valley, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8068-15.0%

Summary: The Manhattan Valley real estate market had 68 homes for sale in November 2024, a 15.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2417
-29.2%
2 2622
-15.4%
3 2020
0.0%
4 87
-12.5%
5+ 22
0.0%

Summary: The Manhattan Valley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 29.2%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Manhattan Valley in November 2024, down by 50.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Manhattan Valley, 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 21 Days Ago

Newest Listings in Manhattan Valley, NY

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