Midtown recorded 23 closed sales in the last 30 days at a median close price of $1.45M. Active inventory stands at 176 listings with a median asking price of $1.99M ($1,816/sqft). Condos dominate at 85% of inventory. 33.0% price reductions among active listings. 5 new listings hit the market this week, while 66 properties are under contract. At current absorption rates, Midtown has approximately 7.7 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 March 2026: $1.99M Median
Milton Coste
Live from REBNY/RLS
August 29, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
176
Active Listings
$1.99M
Median Asking
23
Sold (30 Days)
7.7
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 176 |
| Pending Sales | 66 |
| Median Asking Price | $1.99M |
| Median Price/Sqft | $1,816 |
| Avg Days on Market | N/A |
| New This Week | 5 |
| Price Reduced | 58 (33.0%) |
| Sold (Last 30 Days) | 23 |
| Sold (Last 90 Days) | 32 |
| Median Sale Price (90d) | $1.45M |
| Sale-to-List Ratio | 99.5% |
| Months of Supply | 7.7 (buyer's market) |
Property Mix
Condo 85% (150)
Co-op 14% (25)
Condop 0% (0)
Recent Transactions
Rental Market
16
Closed Rentals (30 Days)
$7,380/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | 7 | $4,695/mo | $4,000 - $8,500 |
| 2 BR | 4 | $9,140/mo | $7,760 - $12,000 |
| 3+ BR | 3 | $8,195/mo | $8,195 - $8,295 |
Recent Transactions
|
150 W 56TH Street #3312, Apt 3312 | $5,800/mo | 1 BR | Aug 24, 2026 |
|
372 5TH Avenue #7H, Apt 7H | $4,218/mo | Studio | Aug 28, 2026 |
|
162 W 56TH Street #1105, Apt 1105 | $7,760/mo | 2 BR | Aug 27, 2026 |
|
721 Fifth Avenue #37A, Apt 37A | $10,500/mo | 2 BR | Aug 24, 2026 |
|
150 W 56TH Street #3011, Apt 3011 | $4,000/mo | 1 BR | Aug 13, 2026 |
|
18 W 48TH Street #15E, Apt 15E | $7,000/mo | 1 BR | Aug 13, 2026 |
|
159 W 53RD Street #25C, Apt 25C | $4,150/mo | 1 BR | Aug 17, 2026 |
|
230 W 55TH Street #17D, Apt 17D | $8,195/mo | 3 BR | Aug 19, 2026 |
|
230 W 55TH Street #31C, Apt 31C | $4,695/mo | 1 BR | Aug 19, 2026 |
|
230 W 55TH Street #17E, Apt 17E | $4,595/mo | 1 BR | Aug 19, 2026 |
|
230 W 55TH Street #20D, Apt 20D | $8,195/mo | 3 BR | Aug 19, 2026 |
|
230 W 55TH Street #10H, Apt 10H | $3,695/mo | Studio | Aug 12, 2026 |
|
230 W 55TH Street #26D, Apt 26D | $8,295/mo | 3 BR | Aug 12, 2026 |
|
150 W 56TH Street #5106, Apt 5106 | $7,780/mo | 2 BR | Aug 10, 2026 |
|
150 W 56th Street #5505, Apt 5505 | $8,500/mo | 1 BR | Aug 1, 2026 |
|
400 5TH Avenue #41E, Apt 41E | $12,000/mo | 2 BR | Aug 4, 2026 |
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Active Listings in Midtown
View All
$4,000,000
50 W 47TH Street #2007
Studio
2 baths
2,823 sqft
Condo
$1,300,000
50 W 47TH Street #20E
2 beds
2 baths
933 sqft
Condo
$4,450,000
50 W 47TH Street #1808
1 bed
1 bath
3,170 sqft
Condo
$825,000
100 W 39th Street #42E
1 bed
1 bath
701 sqft
Condo
$7,999,000
20 W 53RD Street #38A
3 beds
4 baths
2,525 sqft
Condo
$1,300,000
25 W 54TH Street #7C
3 beds
2 baths
Co-op
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.