Financial District Home Prices & Values

$1,050,000 Zillow Home Value Index What's This?  
Close

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

  • 21.8% 1-year change
  • 8.7% 1-year forecast

Market Temperature: CoolWhat's This?
Close

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Financial District is $1,050,000. Financial District home values have gone up 21.8% over the past year and Zillow predicts they will rise 8.7% within the next year. The median list price per square foot in Financial District is $1,212, which is higher than the New York average of $453. The median price of homes currently listed in Financial District is $1,125,000 while the median price of homes that sold is $891,750. The median rent price in Financial District is $3,300, which is higher than the New York median of $2,800.

Foreclosures will be a factor impacting home values in the next several years. In Financial District 1.1 homes are foreclosed (per 10,000). This is greater than the New York value of 0.4 and also lower than the national value of 4.8

more
Relative ZHVI
- +

Financial District Market Overview

Data through May 31, 2014
  • $1,050,000 ZHVI
  • 8.7% 1-yr forecast What's This?  
    Close

    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $1,125,000 Median listing price
  • $891,750 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

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

loading

Financial District Market Health

Data through May 31, 2014
  • 9.6/10 Very healthy What's This?  
    Close

    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 of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

1.1 homes(Dec 31, 2013) Financial District
0.4 homes New York
4.8 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

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

loading

Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Tribeca $2,944,500 Little Italy $1,555,500 Carroll Gardens $1,058,100
Cobble Hill $899,900 Downtown New York $766,100 The Waterfront $516,600

Listings & Sales

Data through May 31, 2014
  • $1,212 Median list price / sq ft
  • $1,077 Median sale price / sq ft
  • 10.2% Listings with price cut
10.5%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

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

loading

Financial District Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$3,760 Financial District
$2,210 New York
$1,310 United States
  • 7.0 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $3,300 Rent list price
  • $4.73 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

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

loading