$5,000,000
3 Beds
•2 Full Baths
#RPLU-5123252815, Eleonora Srugo, Listing Office: Douglas Elliman Real Estate
Is NoHo, 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, 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
$2,287,500
$1,656/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$515,000(+29.1%)
Key Takeaway
Homes in NoHo have sold for 29.1% more than they did a year ago.
Summary: The median home sold price in NoHo was $2,287,500 in October 2024, up 29.1% from last year, and the median price per square foot was $1,656.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.2M | $967.5K | -22.6% |
| 2 Bedrooms | $1.9M | $3.2M | +71.9% |
| 3 Bedrooms | $3.2M | $5.4M | +65.6% |
| 4 Bedrooms | $6.7M | - | N/A |
| 5+ Bedrooms | $5.6M | $18.5M | +225.3% |
Summary: NoHo housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.6%, 2 bedroom homes increased by 71.9%, 3 bedroom homes increased by 65.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 225.3%.
Median Sold Price Compared To Nearby Neighborhoods
| NoHo | $1.7M | $2.2M | +29.1% |
| Greenwich Village | $1.8M | $1.7M | -6.7% |
| Lower Manhattan | $1.7M | $1.6M | -7.1% |
Housing Supply in NoHo, NY
How many homes are available in NoHo, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 43 | -6.5% |
Summary: The NoHo real estate market had 43 homes for sale in October 2024, a 6.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 26 | 24 | -7.7% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The NoHo housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes decreased by 10%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in NoHo, 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 NoHo in October 2024, down by 20.0% 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 NoHo, NY
We’re sorry, we don't have information for this market at the moment
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