From 2019 to 2024, Manhattan condo prices rose 0.4% while the US rose 54.5%. Neighborhood by neighborhood the picture changes: 20.4 points separate the fastest neighborhood on the chart from the slowest.

Where condo prices rose

  • West Village rose 13.5%, likely between +7.2% and +18.9%
  • Upper West Side-Lincoln Square rose 9.1%, likely between +2.8% and +16.1%
  • Greenwich Village rose 5.9%, likely between −1.3% and +13.1%

Where they fell

  • Midtown South-Flatiron-Union Square fell 6.9%, likely between −13.8% and −1.2%
  • Murray Hill-Kips Bay fell 5.5%, likely between −12.4% and +1.2%
  • Upper East Side-Yorkville fell 3.0%, likely between −6.9% and +0.8%

Reading the ranges

Each neighborhood's estimate comes with a likely range: we re-sampled its resales many times and kept the middle 95% of the answers. Where two ranges overlap, the data cannot say which neighborhood did better, and where a range sits wholly to one side of the borough's line, it can.

West Village and Upper West Side-Lincoln Square sit clearly above Manhattan as a whole: even the low end of their range clears the borough's +0.4%.

Midtown South-Flatiron-Union Square sits clearly below it, with even the top of its range under the borough's figure.

How we measured it

FHFA publishes no Manhattan index below the metro level, so this chart uses the Good Investment comparison index: a repeat-sales index with Case-Shiller weighting, fit on 68,553 resales of Manhattan homes in our records. Each home is placed in its neighborhood by its coordinates, using NYC Planning's 2020 neighborhood tabulation areas, the boundaries the city publishes its own statistics on. Most of the homes are condos, so the chart reads as condo prices.

A neighborhood appears once its likely range is 15 points wide or less, on its own or pooled with the rest of its community district. Chinatown-Two Bridges, East Harlem (North), East Harlem (South), East Village, Financial District-Battery Park City, Gramercy, Hamilton Heights-Sugar Hill, Harlem (North), Harlem (South), Hell's Kitchen, Inwood, Lower East Side, Manhattanville-West Harlem, Midtown-Times Square, Morningside Heights, SoHo-Little Italy-Hudson Square, Stuyvesant Town-Peter Cooper Village, Upper West Side-Manhattan Valley, Washington Heights (North) and Washington Heights (South) stay off the chart for now, because their estimates are still wider than that.

From the neighborhood to the home

A neighborhood figure is still an average. In Upper West Side-Lincoln Square, where condo prices rose 9.1% from 2019 to 2024, the middle half of condos resold after three years or more landed anywhere from 1.8% a year below the neighborhood to 1.7% a year above it. The last level of this deep dive follows those individual homes.