Chinatown Manhattan Real Estate Market 2024: Trends, Insights, and Opportunities
Posted by Robert DeFalco on
Chinatown Manhattan Market Snapshot: Key Data at a Glance
| Data Point | Value |
|---|---|
| Median Sale Price | $748,000 (Sep 2024) |
| Median List Price | $4.1 million (up 27.1% YoY) |
| Average Listing Age | 155 days (down 52.2%) |
| Rental Yields | 4-6% annual yield |
| Inventory (Aug-Sep 2024) | 24 to 27 homes |
| 1-Bedroom Price Change | Down 49.2% |
| 3-Bedroom Price Change | Up 4.5% |
| Pre-war Co-ops Price Range | $400,000 - $800,000 |
| Condos Price Range | $750,000 - $2.5 million |
| Townhouses/Mixed-use Price | $2.5 million - $15 million |
Key Takeaways
- Chinatown Manhattan offers a dynamic real estate market with diverse housing options, excellent walkability, and transit access.
- The…
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