Real-Time Market Reports: 5 Borough Price Tracking

The New York City real estate market is dynamic, ever-changing, and often complex. Understanding the nuances of pricing trends across the five boroughs is essential whether you’re a buyer, seller, or investor. In this article, I’ll break down the latest market data, providing insights into current trends, specific neighborhoods, and practical advice to navigate the landscape. Let's dive into the numbers to understand where the NYC market stands today and what it means for you.

Manhattan: The Pulse of NYC Real Estate

Area	Median Sale Price	YoY Change	Avg Days on Market	Median 1BR Rent
Manhattan	Manhattan: The Pulse of NYC Real Estate .20M	↑7.1%	105	N/A
Brooklyn	$973K	↓8.2%	86	N/A
Queens	$735K	↑7.3%	82	N/A
Bronx	$730K	↑16.8%	92	N/A
Staten Island	$688K	↓1.8%	90	N/A

Source: StreetEasy Market Reports · Data: January 2026

Manhattan remains the beating heart of NYC's real estate market, often setting trends that reverberate throughout the other boroughs. As of the latest quarter, the average sale price in Manhattan has seen changes year-over-year. Source: — verify before publishing. As of the latest available data, approximately $1.9 million. The luxury market, defined as properties priced above $4 million, has been particularly robust, with many listings receiving multiple offers.

Key Neighborhoods and Trends

Upper East Side: Traditionally a staple for luxury living, the Upper East Side has maintained an average price per square foot of approximately $1,900. Notable listings include pre-war co-ops and new developments along 2nd Avenue, especially near the Q subway line.

Lower Manhattan: Areas like the Financial District and Battery Park City are experiencing renewed interest due to the resurgence of office workers returning to their jobs. The average price here sits around $1.5 million, with many buyers attracted to the waterfront views and proximity to transit options.

West Side: The West Side, particularly neighborhoods like Chelsea and the Meatpacking District, continues to see demand due to its vibrant culture and nightlife. The average sale price has increased to about $2.4 million, driven by modern developments and historic buildings alike.

To visualize these changes, consider the following table:

Brooklyn: A Mix of Charm and Opportunity

Brooklyn's real estate market has seen tremendous growth and diversification over the past few years. The average sale price has reached approximately $1.1 million, reflecting a healthy demand among both first-time buyers and seasoned investors. Neighborhoods like Williamsburg and Park Slope remain popular, but emerging areas like Bushwick and Crown Heights are also gaining traction.

Notable Neighborhoods and Insights

Williamsburg: Known for its active development and proximity to Manhattan, Williamsburg boasts an average sale price of $1.5 million. The L train is a major draw, providing direct access to Manhattan in under 20 minutes.

Crown Heights: This neighborhood has become a focal point for buyers looking for more space at a better price point. With an average sale price around $950,000, it offers a mix of historic brownstones and modern condos.

Bushwick: Bushwick’s average sale price is approximately $800,000, with many properties featuring unique artistic touches. The J and Z subway lines offer convenient access to Manhattan, enhancing its appeal.

Here's a quick snapshot of the Brooklyn market:

Queens: Affordability Meets Growth

Queens is often overlooked but offers some of the most competitive pricing in NYC. With an average sale price of approximately $700,000, it remains a hotspot for buyers looking for value. The borough's diverse neighborhoods offer a range of options, from modern condos to classic single-family homes.

Highlights from Neighborhoods

Astoria: Known for its cultural diversity and vibrant dining scene, Astoria has an average sale price of around $850,000. The N and W subway lines provide easy access to Manhattan, making it a popular choice among commuters.

Flushing: This neighborhood has seen rapid growth, particularly in new developments. The average sale price here is about $600,000, appealing to both families and first-time buyers drawn to its bustling atmosphere and amenities.

Sunnyside: With its charming streets and community feel, Sunnyside offers an average sale price of approximately $750,000. The 7 train provides a direct commute to Midtown, enhancing its desirability.

Here's a comparative look at the Queens market:

The Bronx: A Hidden Gem

The Bronx is emerging as a strong contender in the NYC real estate market, with prices starting to rise as buyers seek affordability and space. The average sale price is currently around $500,000, making it one of the most cost-effective boroughs for homebuyers.

Key Neighborhoods to Consider

South Bronx: Areas like Mott Haven and Hunts Point are gaining attention for their revitalization efforts and proximity to Manhattan. The average sale price sits at approximately $600,000, attracting a range of buyers seeking urban amenities.

Riverdale: Known for its suburban feel, Riverdale has an average sale price of around $800,000. The area is characterized by spacious homes and a strong community atmosphere, appealing to buyers seeking a quieter lifestyle.

Pelham Bay: With its parks and waterfront access, Pelham Bay offers an average sale price of about $550,000. This neighborhood appeals to buyers who appreciate parks and waterfront access, with easy access to the 6 train.

Here's a summary of the Bronx market:

Staten Island: The Underrated Borough

Staten Island often takes a backseat when discussing NYC real estate, but it offers unique opportunities with an average sale price of around $600,000. Known for its suburban environment and green spaces, it attracts buyers looking for a different pace of life.

Neighborhood Insights

St. George: This neighborhood is seeing a resurgence of development activity and buyer interest. The average sale price here is around $650,000, with easy access to the Staten Island Ferry providing a scenic commute to Manhattan.

Great Kills: With parks and local amenities, Great Kills is popular among buyers seeking more space. The average sale price is approximately $575,000, featuring a mix of single-family homes and townhouses.

New Dorp: Known for its shopping and dining options, New Dorp boasts an average sale price of about $700,000. The Staten Island Railway offers convenient access to the ferry terminal, enhancing its appeal for commuters.

Here's an overview of Staten Island's real estate landscape:

Conclusion: Understanding NYC’s Real Estate Landscape

Navigating the NYC real estate market can be daunting, but having access to real-time market reports is crucial. Understanding the nuances of each borough and their respective neighborhoods can empower buyers and sellers to make informed decisions.

Whether you’re looking to purchase your first home, sell your property, or invest in the market, having a solid grasp of current trends and pricing is indispensable. As your trusted real estate professional, I’m here to guide you through every step of the process.

For more personalized insights and to stay updated on the latest market trends, visit miltoncoste.com or give me a call at (917) 416-7433. Let’s navigate the NYC real estate landscape together!

Author Bio:

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC, bringing over 25 years of experience to buyers and sellers across all five boroughs. Fluent in English and Spanish, Milton has closed over 1,000 transactions, providing clients with exceptional market knowledge and expert guidance. His direct and informative approach ensures that clients receive the insights they need to make confident decisions in the fast-paced New York City real estate market.

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This information is not verified for authenticity or accuracy and is not guaranteed. ©2026 The Real Estate Board of New York, Inc. All rights reserved. Listing data sourced from REBNY RLS and OneKey MLS. Listing Courtesy of Keller Williams NYC.

Milton Coste

Licensed Real Estate Associate Broker · Keller Williams NYC

License No. 10401274378 · 360 Madison Avenue, 9th Floor, NY 10017

(917) 416-7433 [email protected] miltoncoste.com

Equal Housing Opportunity. We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. Milton Coste and Keller Williams NYC are committed to full compliance with the Federal Fair Housing Act (42 U.S.C. §§ 3601–3619), the New York State Human Rights Law (Executive Law, Article 15), and the New York City Human Rights Law (Title 8, NYC Administrative Code).

MLS & Listing Data Disclaimer: 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. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data sourced from REBNY RLS and OneKey MLS. Listing Courtesy of Keller Williams NYC.

Financial & Market Data Disclaimer: All financial figures, market statistics, price estimates, and rental rates are sourced from StreetEasy Market Reports and provided for informational purposes only. Market conditions change frequently. This content does not constitute financial, tax, investment, or legal advice. Consult a licensed financial advisor, CPA, or attorney before making financial decisions. Published in accordance with 19 NYCRR Part 175 (NY DOS Real Estate Broker Advertising Regulations). Milton Coste operates as a Licensed Real Estate Associate Broker under the supervision of Keller Williams NYC.

Content published: February 2026 · Milton Coste · Keller Williams NYC · License No. 10401274378