Milton Coste

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NYC Neighborhood Comparison

DUMBO vs Nolita

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Brooklyn|Manhattan

DUMBO

Brooklyn

Nolita

Manhattan

How They Compare

For buyers focused on affordability, Nolita has the lower median sale price at $35K vs $1.9M in DUMBO.

Investors analyzing rental yield will find Nolita offers a stronger rent-to-price ratio based on current market data.

Commuters have more transit options in Nolita, which is served by 13 subway lines compared to 6 in DUMBO.

Median Sale Price
$1.9M
$35K
Median Rent
$6K
$5K
Active Listings
93
18
Avg Days on Market
89 days
13 days
YoY Price Change
+3.4%
0.0%
Monthly Sales Volume
4
3

Detailed Comparison

MetricDUMBONolita
Median Sale Price$1,950,000$34,500
Median Condo Price$1,950,000$1,541,643.5
Median Co-op PriceN/A$34,500
Median Rent$6,250$5,495
Active Listings9318
Rental Inventory149128
Days on Market8913
Price Cut Share6.5%11.8%
Monthly Sales Volume43
YoY Price Change+3.4%0.0%
YoY Rent Change+17.9%+11.6%
YoY Inventory Change+1.1%-5.3%
Subway Lines2 3 A C F R1 6 A B C D E J N Q R W Z

Year-Over-Year Price Movement

Prices in DUMBO moved +3.4% over the past year, compared to 0.0% in Nolita. The +3.4% gain in DUMBO reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

DUMBO

DUMBO (Down Under the Manhattan Bridge Overpass) sits between the Brooklyn and Manhattan Bridges along the East River waterfront, with a 95-building historic district of converted industrial warehouses. The housing market features spacious loft residences with exposed brick and high ceilings alongside modern luxury condominiums with skyline and waterfront views, served by the F train at York Street and the A and C at High Street. Brooklyn Bridge Park stretches along the waterfront with piers, playgrounds, and Jane's Carousel.

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Nolita

Nolita (North of Little Italy) is a stylish and intimate neighborhood known for its narrow streets, boutique shopping, and cozy cafes. It offers a village-like atmosphere that feels worlds away from the surrounding bustle. The real estate market is characterized by historic low-rise walk-up buildings and a select few modern boutique condominiums that offer a high level of design and luxury in one of Manhattan's most fashionable and walkable districts.

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Transit Access

DUMBO

23ACFR

York St (F) — 0.2 mi

High St (A C) — 0.3 mi

Clark St (2 3) — 0.5 mi

Court St (R) — 0.7 mi

East Broadway (F) — 0.7 mi

Nolita

16ABCDEJNQRWZ

Spring St (6 C E) — 0.0 mi

Prince St (N R W) — 0.1 mi

Bowery (J Z) — 0.2 mi

Grand St (B D) — 0.3 mi

Canal St (1 6 A C E J N Q R W Z) — 0.3 mi

Active Listings

DUMBO for sale

View all DUMBO listings

Nolita for sale

View all Nolita listings

Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.

DUMBO vs Nolita: Home Price Resilience 2008-2020

From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. DUMBO and Nolita both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Nolita tracked the more resilient Manhattan price path with a 10% to 15% peak-to-trough decline, while DUMBO moved closer to the broader NYC metro pattern of a 20% to 25% retracement before recovering through 2017.

Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.

Metric (2026)DUMBONolita
Median Sale Price$1,950,000$34,500
Median Rent$6,250/mo$5,495/mo
Year-over-Year Price Change+3.4%0.0%
Average Days on Market89 days13 days
Distance to Nearest Subway0.16 mi0.05 mi

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Is DUMBO cheaper than Nolita?
Nolita is more affordable, with a median sale price of $34,500 vs $1,950,000 in DUMBO. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, DUMBO or Nolita?
DUMBO has access to 6 subway lines and Nolita has 13, making Nolita the stronger option for transit access. DUMBO has 6 lines, which may still cover your commute depending on your destination.
Which is better for families, DUMBO or Nolita?
This depends on what type of home fits your household. DUMBO and Nolita both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in DUMBO or Nolita?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both DUMBO and Nolita gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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