Flatiron District Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

Market Temperature: CoolWhat's This?
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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 list price per square foot in Flatiron District is $1,878, which is higher than the New York average of $453. The median price of homes currently listed in Flatiron District is $2,200,000 while the median price of homes that sold is $1,161,000. The median rent price in Flatiron District is $3,795, 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 Flatiron District 0.8 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

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Relative ZHVI
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Flatiron District Market Overview

Data through May 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $2,200,000 Median listing price
  • $1,161,000 Median sale price
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Flatiron District Market Health

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

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

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Little Italy $1,555,500 East Village $1,268,500 Clinton $913,500

Listings & Sales

Data through May 31, 2014
  • $1,878 Median list price / sq ft
  • $1,623 Median sale price / sq ft
  • 7.1% Listings with price cut
3.6%
Sold below listing
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Flatiron 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
$4,777 Flatiron District
$2,210 New York
$1,310 United States
  • 7.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $3,795 Rent list price
  • $5.54 Rent list price / sq ft
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