Home Values

Downtown New York Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$875,800

  • 19.4% 1-year change
  • 7.7% 1-year forecast

The median home value in Downtown New York is $875,800. Downtown New York home values have gone up 19.4% over the past year and Zillow predicts they will rise 7.7% within the next year. The median list price per square foot in Downtown New York is $1,209, which is higher than the New York average of $535. The median price of homes currently listed in Downtown New York is $975,000 while the median price of homes that sold is $777,647. The median rent price in Downtown New York is $3,245, which is higher than the New York median of $2,375.

Relative ZHVI
- +

Downtown New York Market Overview

Data through Dec 31, 2014
  • $875,800 ZHVI
  • 7.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $975,000 Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Downtown New York Market Health

Data through Dec 31, 2014
  • 9.9/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

0.5 homes New York
4 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Neighborhoods

Name Median ZHVI
DUMBO $1,297,100
Boerum Hill $1,006,100
Carroll Gardens $1,001,100
Name Median ZHVI
Cobble Hill $999,800
Park Slope $985,100
Fort Greene $934,300
Name Median ZHVI
Gowanus $891,200
Prospect Heights $867,500
Clinton Hill $848,100

Listings & Sales

Data through Dec 31, 2014
  • $1,209 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 4.3% Listings with price cut
3.1%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Downtown New York Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $3,094 Downtown New York
    $2,206 New York
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $3,245 Rent list price
  • $4.45 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading