Is Morningside Heights, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Morningside Heights has remained a Buyer's Market.
Key Takeaway
Morningside Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Morningside Heights, NY
How much do homes in Morningside Heights, NY cost?
Median Sold Price
$999,250
$1,671/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Morningside Heights have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Morningside Heights was $999,250 in April 2024, up 12.6% from last year, and the median price per square foot was $1,671.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $719K | $650K | -9.6% |
| 2 Bedrooms | $765K | $939K | +22.7% |
| 3 Bedrooms | $1.4M | $2.9M | +107.1% |
| 4 Bedrooms | $2.4M | $4.9M | +97.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Morningside Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.6%, 2 bedroom homes increased by 22.7%, 3 bedroom homes increased by 107.1%, 4 bedroom homes increased by 97.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Morningside Heights | $887.5K | $999.2K | +12.6% |
| Central Harlem | $842.5K | $855K | +1.5% |
| Upper Manhattan | $1.2M | $1.2M | -0.1% |
Housing Supply in Morningside Heights, NY
How many homes are available in Morningside Heights, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 94 | 88 | -6.4% |
Summary: The Morningside Heights real estate market had 88 homes for sale in April 2024, a 6.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 30 | 28 | -6.7% |
| 2 Bedrooms | 38 | 33 | -13.2% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Morningside Heights housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.7%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Morningside Heights, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Morningside Heights in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Morningside Heights, NY
How long does it take to sell a home in Morningside Heights, NY?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Morningside Heights are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Morningside Heights; 10% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services. 
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.