Is Theater District, 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, Theater District has remained a Buyer's Market.
Key Takeaway
Theater District is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Theater District, NY
How much do homes in Theater District, NY cost?
Median Sold Price
$1,194,000
$1,269/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Theater District have sold for 6.9% less than they did a year ago.
Summary: The median home sold price in Theater District was $1,194,000 in April 2024, down 6.9% from last year, and the median price per square foot was $1,269.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $787.5K | $837.5K | +6.3% |
| 2 Bedrooms | $1.6M | $1.5M | -1.5% |
| 3 Bedrooms | $4.7M | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $11.9M | N/A |
Summary: Theater District housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Garment District | $837K | $1.2M | +50.8% |
| Midtown East | $1.0M | $1.1M | +3.5% |
| Midtown Manhattan | $1.3M | $1.2M | -4.9% |
| Theater District | $1.2M | $1.1M | -6.9% |
Housing Supply in Theater District, NY
How many homes are available in Theater District, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 35 | +12.9% |
Summary: The Theater District real estate market had 35 homes for sale in April 2024, a 12.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 16 | +23.1% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Theater District housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 7.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Theater District, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Theater District in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Theater District, NY
We’re sorry, we don't have information for this market at the moment
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