Midtown recorded 13 closed sales in the last 30 days at a median close price of $1.38M. Active inventory stands at 222 listings with a median asking price of $1.95M ($1,692/sqft). Condos dominate at 79% of inventory. 32.5% price reductions among active listings. 10 new listings hit the market this week, while 80 properties are under contract. At current absorption rates, Midtown has approximately 17.1 months of supply, making it a buyer's market. As a Midtown specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Midtown, call me at (917) 416-7433 for a personalized market analysis.
Midtown Market Report May 2026: $1.95M Median
Milton Coste
Live from REBNY/RLS
May 20, 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
222
Active Listings
$1.95M
Median Asking
13
Sold (30 Days)
17.1
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 222 |
| Pending Sales | 80 |
| Median Asking Price | $1.95M |
| Median Price/Sqft | $1,692 |
| Avg Days on Market | N/A |
| New This Week | 10 |
| Price Reduced | 65 (32.5%) |
| Sold (Last 30 Days) | 13 |
| Sold (Last 90 Days) | 18 |
| Median Sale Price (90d) | $1.38M |
| Sale-to-List Ratio | 99.0% |
| Months of Supply | 17.1 (buyer's market) |
Property Mix
Condo 79% (158)
Co-op 21% (41)
Condop 0% (0)
Recent Transactions
|
200 W 54th Street #10F, Apt 10F | $1,390,000 | 1 BR | May 1, 2026 |
|
372 5th Avenue #7L, Apt 7L | $655,000 | 1 BR | Apr 21, 2026 |
|
5 E 44th Street #7th Floor, Apt 7th Floor | $1,950,000 | 2 BR | May 18, 2026 |
|
150 W 51ST Street #1918, Apt 1918 | $795,000 | 1 BR | May 18, 2026 |
|
53 W 53RD Street #14E, Apt 14E | $1,005,000 | Studio | May 8, 2026 |
|
53 W 53RD Street #34C, Apt 34C | $5,675,000 | 3 BR | May 8, 2026 |
|
150 W 56TH Street #4605, Apt 4605 | $1,500,000 | 2 BR | May 15, 2026 |
|
100 W 58th Street #8H, Apt 8H | $745,000 | 1 BR | May 14, 2026 |
|
520 5TH Avenue #67A, Apt 67A | $6,350,000 | 3 BR | May 14, 2026 |
|
520 5TH Avenue #66A, Apt 66A | $6,400,000 | 3 BR | May 15, 2026 |
|
520 5TH Avenue #70A, Apt 70A | $4,400,000 | 2 BR | May 15, 2026 |
|
150 W 56th Street #3901, Apt 3901 | $4,475,000 | 4 BR | May 15, 2026 |
|
15 W 53RD Street #12CJ, Apt 12CJ | $2,400,000 | 3 BR | May 14, 2026 |
Rental Market
5
Closed Rentals (30 Days)
$6,295/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 2 BR | 3 | $6,295/mo | $6,295 - $6,495 |
Recent Transactions
|
230 W 55TH Street #24B, Apt 24B | $6,295/mo | 2 BR | May 19, 2026 |
|
230 W 55TH Street #21H, Apt 21H | $3,495/mo | Studio | May 19, 2026 |
|
230 W 55TH Street #25B, Apt 25B | $6,295/mo | 2 BR | May 18, 2026 |
|
230 W 55TH Street #6B, Apt 6B | $6,495/mo | 2 BR | May 18, 2026 |
|
150 W 56TH Street #3509, Apt 3509 | $4,000/mo | Studio | May 11, 2026 |
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Active Listings in Midtown
View All
$2,150,000
150 W 56TH Street #5106
2 beds
3 baths
1,180 sqft
Condo
$2,195,000
16 W 40th Street #16B
1 bed
1 bath
1,088 sqft
Condo
$4,399,000
1600 Broadway #PH4C
2 beds
3 baths
1,629 sqft
Condo
$1,699,000
247 W 46th Street #3104
2 beds
3 baths
1,300 sqft
Condo
$3,195,000
641 Fifth Avenue #31C
2 beds
2 baths
1,400 sqft
Condo
$950,000
18 W 48TH Street #10D
1 bed
1 bath
628 sqft
Condo
Data provided by the RLS at REBNY
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.