Is NoHo, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing NoHo is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, NoHo has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in NoHo, NY

How much do homes in NoHo, NY cost?

Median Sold Price

$3,612,500

$2,099/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$2,497,000(+223.8%)

Key Takeaway

Homes in NoHo have sold for 223.8% more than they did a month ago.

Summary: The median home sold price in NoHo was $3,612,500 in November 2024, up 223.8% from last month, and the median price per square foot was $2,099.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $1.0M-
N/A
2 $3.1M$3.6M
+16.5%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: NoHo housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

NoHo
+223.8%
The Bowery
-53.5%

Housing Supply in NoHo, NY

How many homes are available in NoHo, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4033-17.5%

Summary: The NoHo real estate market had 33 homes for sale in November 2024, a 17.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2114
-33.3%
2 1110
-9.1%
3 67
+16.7%
4 11
0.0%
5+ 11
0.0%

Summary: The NoHo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in NoHo, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in NoHo in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for NoHo, 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 NoHo, NY

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