The median sale price of a home in Downtown Manhattan was $1.5M last month, down 2.5% since last year. The median sale price per square foot in Downtown Manhattan is $1.64K, down 6.5% since last year.
What is the housing market like in Downtown Manhattan today?
In March 2024, Downtown Manhattan home prices were down 2.5% compared to last year, selling for a median price of $1.5M. On average, homes in Downtown Manhattan sell after 112 days on the market compared to 101 days last year. There were 334 homes sold in March this year, down from 396 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,477,500
-2.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Manhattan, NY
$1,477,500
-2.5%
United States
To compare other locations to the Downtown Manhattan and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Manhattan add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Manhattan housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.0%
-0.57 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Manhattan, NY
99.0%
-0.57 pt
United States
Home offer insights for Downtown Manhattan
Explore recent offers and recently sold homes in Downtown Manhattan
Recent offers
View houses in Downtown Manhattan that sold recently
Learn about schools in the Downtown Manhattan area
Elementary
Middle
High
Homes in this area are served by the New York City Geographic District # 2, New York City Geographic District # 1, and Nyc Special Schools - District 75.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Peck Slip School (the)
Public • PreK-5
470
Students
14 reviews
10/10
PS 150
Public • PreK-5
190
Students
2 reviews
10/10
PS 42 Benjamin Altman
Public • PreK-5
575
Students
4 reviews
10/10
P.S. 40 Augustus St.-Gaudens
Public • PreK-5
709
Students
6 reviews
10/10
PS 89
Public • PreK-5
456
Students
13 reviews
Only showing 5 of
39 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Manhattan housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Manhattan.
Risk Factor
Flood Factor - Major
23% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Manhattan has a major risk of flooding. 1,316 properties in Downtown Manhattan are likely to be
severely affected
by flooding over the next 30 years. This represents 23% of all properties in Downtown Manhattan. Flood risk is increasing faster than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Manhattan has a moderate risk of wildfire. There are 249 properties in Downtown Manhattan that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Downtown Manhattan.
Downtown Manhattan has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Manhattan has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
68% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Downtown Manhattan has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 68% of homes in Downtown Manhattan have a Severe Heat Factor®.
Downtown Manhattan is expected to see a 114% increase in the number of days over 99ºF over the next 30 years. Downtown Manhattan is expected to experience 7