The overall median sale price for Manhattan apartments is approximately , representing a year-over-year increase of roughly 5% to 13%. Property Type Median Sale Price Average Price per Sq. Ft. All Apartments $1,225,000 (+5.2% YoY) $1,972 (+4% YoY) Condominiums $1,750,000 (+1.4% YoY) Co-operatives $850,000 (Flat YoY)
Buying an Apartment in NYC (2026) - Manhattan Miami Real Estate
: A tiered tax starting at 1% for purchases of $1 million or more, rising up to 3.9% for properties over $25 million. how much to buy an apartment in manhattan
: Frequently trade in the $800,000 to $1.5 million range, where monthly ownership costs often compete with high Manhattan rents.
: Mortgage rates have stabilized around 6% to 6.2% , which has reduced some "rate shock" but continues to limit the number of sellers willing to list their homes. The overall median sale price for Manhattan apartments
The market is characterized by , with active inventory hitting five-year lows in early 2026.
Purchasing in Manhattan involves high upfront costs beyond the listing price. All Apartments $1,225,000 (+5
: Listing discounts have tightened to roughly 4.4% , indicating a market that currently leans in favor of sellers.