Harlem Home Prices & Values

No data Zillow Home Value Index

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

Market Temperature: Very HotWhat'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 Harlem is $733, which is higher than the New York average of $518. The median price of homes currently listed in Harlem is $595,000 while the median price of homes that sold is $626,000. The median rent price in Harlem is $2,000, which is lower than the New York median of $2,900.

Foreclosures will be a factor impacting home values in the next several years. In Harlem 1.8 homes are foreclosed (per 10,000). This is greater than the New York value of 0.3 and also lower than the national value of 4.3

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Relative ZHVI
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Harlem Market Overview

Data through Jun 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $595,000 Median listing price
  • $626,000 Median sale price
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Harlem Market Health

Data through Jun 30, 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)

1.8 homes(Jun 30, 2013) Harlem
0.3 homes New York
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Carnegie Hill $1,896,600 Upper West Side $1,362,000 Hamilton Heights $639,400
Washington Heights $541,700 South Bronx $279,100 Melrose $234,600

Listings & Sales

Data through Jun 30, 2014
  • $733 Median list price / sq ft
  • $762 Median sale price / sq ft
  • 5.8% Listings with price cut
6.8%
Sold below listing
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Harlem Rentals

Data through Jun 30, 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
$2,947 Harlem
$2,196 New York
$1,310 United States
  • 6.0 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)
  • $2,000 Rent list price
  • $3.00 Rent list price / sq ft
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