Is Theater District, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Theater District is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Theater District, NY

How much do homes in Theater District, NY cost?

Median Sold Price

$900,000

$1,087/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$85,000(-8.6%)

Key Takeaway

Homes in Theater District have sold for 8.6% less than they did a month ago.

Summary: The median home sold price in Theater District was $900,000 in October 2024, down 8.6% from last month, and the median price per square foot was $1,087.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $985K$875K
-11.2%
2 -$970K
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Theater District housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 11.2%, 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

Theater District
-8.6%
Garment District
-31.9%

Housing Supply in Theater District, NY

How many homes are available in Theater District, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3032+6.7%

Summary: The Theater District real estate market had 32 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1313
0.0%
2 1214
+16.7%
3 22
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Theater District housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 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
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Theater District, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Theater District in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Theater District, 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 Theater District, NY

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