NYC Neighborhood Comparison
Brooklyn
Manhattan
For buyers focused on affordability, Greenwich Village has the lower median sale price at $1,325,000 vs $1,600,000 in Gowanus.
Investors analyzing rental yield will find Greenwich Village offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Greenwich Village, which is served by 5 subway lines compared to 0 in Gowanus.
| Metric | Gowanus | Greenwich Village |
|---|---|---|
| Median Sale Price | $1,600,000 | $1,325,000 |
| Median Condo Price | N/A | $2,270,531 |
| Median Co-op Price | N/A | $1,300,000 |
| Median Rent | $4,600 | $5,950 |
| Active Listings | 21 | 304 |
| Rental Inventory | 355 | 217 |
| Days on Market | 36 | 30 |
| Price Cut Share | 9.5% | 11.8% |
| Monthly Sales Volume | 4 | 20 |
| YoY Price Change | N/A | +10.5% |
| YoY Rent Change | +2.2% | +2.7% |
| YoY Inventory Change | -25.0% | -4.4% |
| Subway Lines | N/A | C E N R W |
Gowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.
View Full Market ReportGreenwich Village, or 'The Village,' remains the heart of New York’s creative history and intellectual life. Defined by its winding, non-grid streets and the iconic Washington Square Park, the neighborhood offers a unique sense of place. The real estate market is highly sought after, featuring some of the city's most beautiful historic townhouses, gold-coast cooperatives, and discreet luxury developments that maintain the area's low-rise charm.
View Full Market ReportNo subway data available
Spring St (C E) — 0.5 mi
Prince St (N R W) — 0.7 mi
Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is 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. Data is refreshed every 15 minutes per REBNY IDX requirements.
From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Gowanus and Greenwich Village both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.
Greenwich Village tracked the more resilient Manhattan price path with a 10% to 15% peak-to-trough decline, while Gowanus moved closer to the broader NYC metro pattern of a 20% to 25% retracement before recovering through 2017.
Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.
| Metric (2026) | Gowanus | Greenwich Village |
|---|---|---|
| Median Sale Price | $1,600,000 | $1,325,000 |
| Median Rent | $4,600/mo | $5,950/mo |
| Year-over-Year Price Change | N/A | +10.5% |
| Average Days on Market | 36 days | 30 days |
| Distance to Nearest Subway | N/A | 0.49 mi |
Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.
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Data updated:
