The average price for residential real estate in Manhattan, New York increased for luxury, new developments, and condos. Conversely, prices for re-sale and co-op properties declined slightly. In the third quarter of 2024, the average square footage price for a re-sale property was ***** U.S. dollars per square foot.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (MEDLISPRIPERSQUFEE35620) from Jul 2016 to Jul 2025 about square feet, New York, NJ, PA, NY, listing, median, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York (MEDLISPRIPERSQUFEENY) from Jul 2016 to Jul 2025 about square feet, NY, listing, median, price, and USA.

In 2024, the average square footage price of condos and new development condos in Brooklyn, NY declined slightly. Prices of one-to-three family homes, on the other hand, increased from *** U.S. dollars per square foot in the third quarter of 2023 to *** U.S. dollars in the third quarter of 2024.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York County, NY (MEDLISPRIPERSQUFEE36061) from Jul 2016 to Jul 2025 about New York County, NY; square feet; New York; NY; listing; median; price; and USA.

Between 2020 and 2022, the average square footage price of one-to-three family homes in Queens, New York increased. Existing condo prices, on the other hand, fell from ***** U.S. dollars per square foot in the ********************* to *** U.S. dollars per square foot in the *********************.

Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in New York-Newark-Jersey City, NY-NJ-PA (CBSA) was -4.36% in July of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in New York-Newark-Jersey City, NY-NJ-PA (CBSA) reached a record high of 32.90 in February of 2021 and a record low of -5.28 in May of 2025. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in New York-Newark-Jersey City, NY-NJ-PA (CBSA) - last updated from the United States Federal Reserve on September of 2025.

New York City - Median Listing Price per Square Feet - Historical chart and current data through 2025.

The average asking rent for Class A office space in Midtown Manhattan was ***** U.S. dollars per square foot in the second quarter of 2025. It was above the Manhattan average of ***** U.S. dollars but below that of Midtown South, which was the most expensive district at ***** U.S. dollars per square foot. What is Class A real estate?Class A real estate refers to the best properties in terms of appearance, age, quality of infrastructure and location. These properties usually command the highest rental rates, due to their high quality. In the U.S., Manhattan has the most expensive rents for Class A offices.Midtown vs Midtown SouthMidtown Manhattan contains the Empire State Building, MoMA, Grand Central Station, and the United Nations Headquarters. The most expensive submarket there was Plaza District in 2025. Meanwhile, Midtown South is home to Madison Square Garden, Pennsylvania Station, Hudson Yards, and Koreatown. In 2025, the most expensive submarket there was Hudson Yards, followed by Chelsea and Hudson Square.

Housing Inventory: Median Listing Price per Square Feet in New York County, NY was 1479.00000 U.S. $ in June of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet in New York County, NY reached a record high of 1798.00000 in January of 2017 and a record low of 1449.00000 in December of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet in New York County, NY - last updated from the United States Federal Reserve on August of 2025.

Housing Inventory: Median Listing Price per Square Feet in New York-Newark-Jersey City, NY-NJ-PA (CBSA) was 520.00000 U.S. $ in June of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet in New York-Newark-Jersey City, NY-NJ-PA (CBSA) reached a record high of 563.00000 in May of 2024 and a record low of 244.00000 in August of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet in New York-Newark-Jersey City, NY-NJ-PA (CBSA) - last updated from the United States Federal Reserve on July of 2025.

Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in New York County, NY was -0.13% in July of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in New York County, NY reached a record high of 2.74 in January of 2022 and a record low of -3.49 in June of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in New York County, NY - last updated from the United States Federal Reserve on September of 2025.

Housing Inventory: Median Listing Price per Square Feet in New York was 407.00000 U.S. $ in July of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet in New York reached a record high of 443.00000 in April of 2025 and a record low of 152.00000 in August of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet in New York - last updated from the United States Federal Reserve on September of 2025.

After peaking in 2023, the average rent for industrial real estate for warehouse distribution use in New York City Metro declined. In the first quarter of 2024, the average rent was ***** U.S. dollars per square foot. Despite the decrease, this was notably higher than 2017, when it amounted to **** U.S. dollars. New York City Metro is one of the leading markets in the U.S. in terms of industrial and logistic state inventory.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Queens County, NY (MEDLISPRIPERSQUFEE36081) from Jul 2016 to Jul 2025 about Queens County, NY; square feet; New York; NY; listing; median; price; and USA.

The average Class B asking rent for office real estate in Manhattan in the fourth quarter of 2023 was ***** U.S. dollars per square foot. The district that reported the highest average Class B rent was Midtown South, where a square foot of space cost ***** U.S. dollars. Between the fourth quarter of 2022 and the fourth quarter of 2023, rents in Midtown South increased, while in Midtown and Downtown, they declined.

The average annual rent for manufacturing space in New York City Metro has soared since 2017. In the first quarter of 2024, the rental cost amounted to nearly ***** U.S. dollars per square foot. That was higher than the average rent for manufacturing space in the United States.

In District of Columbia, the average rent per square foot was **** U.S. dollars in 2018, whereas renters in Oregon were expected to pay half as much in rent per square foot. DC was the most expensive state for renters, followed by New York, Hawaii, Massachusetts and California. Why is DC so expensive? District of Columbia is the center of the U.S. political system with all three branches of federal government sitting there: Congress (legislative), President (executive) and the Supreme Court (judicial). The above average household incomes of its residents mean that high rents are still sustainable for the rental market. Limited space in DC DC has the largest share of apartment dwellers in the country. This is most likely due to limited space, as the federal district has a much higher population density than the states. The political importance of DC and the high population density suggest that the federal district is likely to retain its spot as the most expensive rental market in the future.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in Richmond County, NY (MEDLISPRIPERSQUFEE36085) from Jul 2016 to Jul 2025 about Richmond County, NY; square feet; New York; NY; listing; median; price; and USA.

Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manhattan, KS (CBSA) was 14.50% in July of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manhattan, KS (CBSA) reached a record high of 21.63 in June of 2022 and a record low of -5.99 in November of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manhattan, KS (CBSA) - last updated from the United States Federal Reserve on August of 2025.