$10,000 Closing Credit*
$1,645,000
1,036 SqFt
1 Bed
•2 Full Baths
#RPLU-618223264222, Claremont Hall Sales Office, Listing Office: Corcoran Sunshine Marketing Group
Is Morningside Heights, 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, Morningside Heights has remained a Buyer's Market.
Key Takeaway
Morningside Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Morningside Heights, NY
How much do homes in Morningside Heights, NY cost?
Median Sold Price
$1,172,916
$1,636/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$410,416(+53.8%)
Key Takeaway
Homes in Morningside Heights have sold for 53.8% more than they did a year ago.
Summary: The median home sold price in Morningside Heights was $1,172,916 in October 2024, up 53.8% from last year, and the median price per square foot was $1,636.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $595K | $1.0M | +80.7% |
| 2 Bedrooms | $775K | $965K | +24.5% |
| 3 Bedrooms | $1.2M | $2.9M | +123.2% |
| 4 Bedrooms | $2.1M | $5.3M | +149.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Morningside Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80.7%, 2 bedroom homes increased by 24.5%, 3 bedroom homes increased by 123.2%, 4 bedroom homes increased by 149.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Morningside Heights | $762.5K | $1.1M | +53.8% |
| Upper Manhattan | $1.2M | $1.2M | +2.7% |
Housing Supply in Morningside Heights, NY
How many homes are available in Morningside Heights, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 96 | 94 | -2.1% |
Summary: The Morningside Heights real estate market had 94 homes for sale in October 2024, a 2.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 28 | 26 | -7.1% |
| 2 Bedrooms | 46 | 47 | +2.2% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Morningside Heights housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Morningside Heights, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Morningside Heights in October 2024, up by 37.5% month-over-month. Of the 11 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Morningside Heights, NY
We’re sorry, we don't have information for this market at the moment
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