Home Values

Flatiron District 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

None

  • None 1-year change
  • None 1-year forecast

Market Temperature

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

Warm

Buyers' Market
Sellers' Market

The median list price per square foot in Flatiron District is $1,929, which is higher than the New York average of $535. The median price of homes currently listed in Flatiron District is $2,149,000 while the median price of homes that sold is $1,446,750. The median rent price in Flatiron District is $4,325, which is higher than the New York median of $2,375.

Foreclosures will be a factor impacting home values in the next several years. In Flatiron District 0.8 homes are foreclosed (per 10,000). This is greater than the New York value of 0.5 and also lower than the national value of 4.0

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Relative ZHVI
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Flatiron District Market Overview

Data through Dec 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $2,149,000 Median listing price
  • $1,446,750 Median sale price (Nov 30, 2014)
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Flatiron District Market Health

Data through Dec 31, 2014
  • No recent data
  • 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)

0.8 homes(Jul 31, 2013) Flatiron District
0.5 homes New York
4 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Little Italy $1,522,200
East Village $1,269,500
Clinton $962,800

Listings & Sales

Data through Dec 31, 2014
  • $1,929 Median list price / sq ft
  • $1,591 Median sale price / sq ft (Oct 31, 2014)
  • 5.1% Listings with price cut
2.5%
Sold below listing
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Flatiron District Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $5,164 Flatiron District
    $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

  • No data Breakeven horizon
  • $4,325 Rent list price
  • $6.36 Rent list price / sq ft
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