Home Values

Lower East Side 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

The median list price per square foot in Lower East Side is $1,246, which is higher than the New York average of $535. The median price of homes currently listed in Lower East Side is $890,000 while the median price of homes that sold is $654,500. The median rent price in Lower East Side is $3,195, 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 Lower East Side 1.3 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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Lower East Side Market Overview

Data through Dec 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $890,000 Median listing price
  • $654,500 Median sale price (Nov 30, 2014)
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Lower East Side 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)

1.3 homes(Dec 31, 2012) Lower East Side
0.5 homes New York
4 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Tribeca $3,225,500
Little Italy $1,522,200
DUMBO $1,297,100
Name Median ZHVI
East Village $1,269,500
Financial District $1,084,300
Fort Greene $934,300
Name Median ZHVI
Downtown New York $875,800
 
 

Listings & Sales

Data through Dec 31, 2014
  • $1,246 Median list price / sq ft
  • $927 Median sale price / sq ft (Oct 31, 2014)
  • 5.5% Listings with price cut
6.1%
Sold below listing
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Lower East Side Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $3,596 Lower East Side
    $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
  • $3,195 Rent list price
  • $4.84 Rent list price / sq ft
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