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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nolita is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Nolita, NY

How much do homes in Nolita, NY cost?

Median Sold Price

$1,180,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$90,000(+8.3%)

Key Takeaway

Homes in Nolita have sold for 8.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $1.0M$1.1M
+8.3%
2 --
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Nolita housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Nolita, NY

How many homes are available in Nolita, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1615-6.3%

Summary: The Nolita real estate market had 15 homes for sale in October 2024, a 6.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 63
-50.0%
2 35
+66.7%
3 44
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Nolita housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were 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 Nolita, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Nolita in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Nolita, 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 Nolita, NY

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