Is Greenwich Village, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenwich Village is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Greenwich Village has remained a Buyer's Market.

Key Takeaway

Greenwich Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Greenwich Village, NY

How much do homes in Greenwich Village, NY cost?

Median Sold Price

$1,840,000

$2,070/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$31,250(+1.7%)

Key Takeaway

Homes in Greenwich Village have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Greenwich Village was $1,840,000 in April 2024, up 1.7% from last year, and the median price per square foot was $2,070.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $1.1M$1.1M
+4.0%
2 $2.3M$2.2M
-5.1%
3 $5.9M$4.3M
-27.4%
4 $7.9M$9.0M
+13.2%
5+ $9.8M$12.2M
+23.9%

Summary: Greenwich Village housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 27.4%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 23.9%.

Median Sold Price Compared To Nearby Neighborhoods

Hudson Square / West SoHo
+10.3%
Chelsea
+5.8%
Greenwich Village
+1.7%
West Village
-2.3%

Housing Supply in Greenwich Village, NY

How many homes are available in Greenwich Village, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
351347-1.1%

Summary: The Greenwich Village real estate market had 347 homes for sale in April 2024, a 1.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 147143
-2.7%
2 8790
+3.4%
3 5145
-11.8%
4 3337
+12.1%
5+ 3332
-3.0%

Summary: The Greenwich Village housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.7%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2221-4.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenwich Village, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.

Summary: A total of 21 homes were sold or pending in Greenwich Village in April 2024, down by 4.5% month-over-month. Of the 21 sold homes, 24% were sold under asking, 71% were sold at asking, and 5% were sold over asking.

Days on Market for Greenwich Village, NY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Greenwich Village, NY

Nearby Markets to Greenwich Village, NY