$22,500,000
5,646 SqFt
4 Beds
•4 Full Baths, 1 Partial
#RPLU-5123273805, Lauren Muss, Listing Office: Douglas Elliman Real Estate
Is Nolita, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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
$1,950,000
$2,697/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$770,000(+65.3%)
Key Takeaway
Homes in Nolita have sold for 65.3% more than they did a month ago.
Summary: The median home sold price in Nolita was $1,950,000 in November 2024, up 65.3% from last month, and the median price per square foot was $2,697.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.1M | $1.9M | +65.3% |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Nolita housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 65.3%, 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.
Median Sold Price Compared To Nearby Neighborhoods
| NoHo | $1.1M | $3.6M | +223.8% |
| Nolita | $1.1M | $1.9M | +65.3% |
| The Bowery | $2.4M | $1.1M | -53.5% |
Housing Supply in Nolita, NY
How many homes are available in Nolita, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Summary: The Nolita real estate market had 17 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 2 | -60.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Nolita housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 40%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
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 November 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
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