Midtown recorded 10 closed sales in the last 30 days at a median close price of $1.77M. Active inventory stands at 204 listings with a median asking price of $1.99M ($1,806/sqft). Condos dominate at 83% of inventory. 28.0% price reductions among active listings. 18 new listings hit the market this week, while 65 properties are under contract. At current absorption rates, Midtown has approximately 20.4 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: $1.99M Median
Milton Coste
Live from REBNY/RLS
September 16, 2026
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
204
Active Listings
$1.99M
Median Asking
10
Sold (30 Days)
20.4
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 204 |
| Pending Sales | 65 |
| Median Asking Price | $1.99M |
| Median Price/Sqft | $1,806 |
| Avg Days on Market | N/A |
| New This Week | 18 |
| Price Reduced | 56 (28.0%) |
| Sold (Last 30 Days) | 10 |
| Sold (Last 90 Days) | 32 |
| Median Sale Price (90d) | $1.77M |
| Sale-to-List Ratio | 99.3% |
| Months of Supply | 20.4 (buyer's market) |
Property Mix
Condo 83% (166)
Co-op 17% (33)
Condop 0% (0)
Recent Transactions
|
16 W 40th Street #20B, Apt 20B | $1,900,000 | 1 BR | Sep 10, 2026 |
|
520 5TH Avenue #46A, Apt 46A | $3,250,000 | 2 BR | Sep 11, 2026 |
|
111 W 56TH Street #41K, Apt 41K | $4,250,000 | 2 BR | Sep 1, 2026 |
|
139 E 33RD Street #2C, Apt 2C | $443,500 | Studio | Aug 31, 2026 |
|
15 W 53RD Street #27E, Apt 27E | $1,360,000 | 1 BR | Aug 27, 2026 |
|
28 W 38TH Street #2W, Apt 2W | $1,450,000 | 2 BR | Aug 28, 2026 |
|
445 5TH Avenue #16C, Apt 16C | $1,400,000 | 2 BR | Aug 20, 2026 |
|
15 W 53RD Street #34B, Apt 34B | $2,550,000 | 2 BR | Aug 26, 2026 |
|
150 W 56TH Street #6001, Apt 6001 | $3,200,000 | 2 BR | Aug 21, 2026 |
|
247 W 46th Street #2305, Apt 2305 | $1,065,000 | 1 BR | Aug 18, 2026 |
Rental Market
14
Closed Rentals (30 Days)
$7,028/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| Studio | Limited data | Limited data | Limited data |
| 1 BR | 4 | $4,645/mo | $4,395 - $5,800 |
| 2 BR | 4 | $8,005/mo | $6,295 - $10,500 |
| 3+ BR | 4 | $8,245/mo | $8,195 - $8,295 |
Recent Transactions
|
247 W 46TH Street #2705, Apt 2705 | $8,250/mo | 2 BR | Sep 15, 2026 |
|
150 W 56TH Street #4506, Apt 4506 | $3,700/mo | Studio | Sep 14, 2026 |
|
150 W 56TH Street #3312, Apt 3312 | $5,800/mo | 1 BR | Aug 24, 2026 |
|
230 W 55TH Street #27G, Apt 27G | $4,395/mo | 1 BR | Sep 1, 2026 |
|
230 W 55TH Street #11D, Apt 11D | $8,295/mo | 3 BR | Sep 1, 2026 |
|
230 W 55TH Street #22D, Apt 22D | $8,295/mo | 3 BR | Sep 1, 2026 |
|
230 W 55TH Street #7B, Apt 7B | $6,295/mo | 2 BR | Sep 1, 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 |
|
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 |
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Active Listings in Midtown
View All
$825,000
100 W 39th Street #42E
1 bed
1 bath
701 sqft
Condo
$1,479,000
150 W 56th Street #3602
1 bed
2 baths
852 sqft
Condo
$2,450,000
53 W 53RD Street #15I
1 bed
2 baths
1,485 sqft
Condo
$995,000
244 MADISON Avenue #12DE
2 beds
2 baths
Co-op
$2,095,000
241 W 36TH Street #9F
3 beds
2 baths
1,760 sqft
Co-op
$15,900,000
217 W 57th Street #81W
3 beds
4 baths
3,073 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.