Manhattan, NY Housing Market 2026: What Homes Actually Sell For

Manhattan's tracked sales are overwhelmingly condos, which changes how every number below should be read: the median tracks that segment, not a blend of property types. Here is what actually closed over the last six months, as of August 2026.

The snapshot

• •Closings tracked, last 6 months: 1,644
• •Median sold price, last 6 months: $865,000
• •Median sold $/sqft, last 6 months: $951
• •Middle half of sales closed between: $545,000 and $1,600,000

What the numbers say

Resideline tracked 1,644 closed sales in Manhattan over the last six months, with a median closing price of $865,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $545,000 and $1,600,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. The large tracked sample provides substantial market-level evidence. 98% of the Manhattan closings we track here are condos, so these figures describe that segment rather than every property type in the city, and the citywide $/sqft figure primarily reflects that segment as well. Across the 637 closings with usable living area, the middle half sold between $735 and $1,269 per square foot.

Figures last updated August 22, 2026 from closings Resideline tracked.

Median home price in Manhattan, NY (August 2026)

The median home price in Manhattan is $865,000, measured across the 1,644 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $545,000 and $1,600,000.

Where Manhattan sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Manhattan over the last six months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $545,000 and $1,600,000. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 54 days, across 376 Manhattan closings Resideline tracked in the last six months

The Manhattan angle

Manhattan combines one of the deepest sale records in our data with a middle range wider than most markets we track. Those pull against each other. Within the condo segment the tracked sample runs to 1,615 closings of which 626 have a usable living area recorded, while the other property types here are far thinner, so a subject outside that segment has a much smaller pool to work from. Property type does most of the work in a market like this, followed by size. The upper half of the band is the wider side, so the scatter concentrates above the midpoint, and an estimate built from higher priced closings should carry a wider stated range. Treat $545,000 and $1,600,000 as context for where a property sits, never as the estimate itself.

From market read to offer price

In a market this concentrated in condos, pricing any one property starts with its own segment, not the citywide line. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,508+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Manhattan address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Manhattan, NY
Data updated: August 2026
Analysis period: last six months
Tracked closings: 1,644
Median sold price: $865,000
Median sold $/sqft: $951 (637 qualifying)
Property mix: 98% condos
https://resideline.com/blog/manhattan-ny-housing-market

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Manhattan over the last six months, and is refreshed when the data is. The closings we track inside the city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 43% of the 1,644 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $850,000.