NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Manhattan
Manhattan
For buyers focused on affordability, Lower East Side has the lower median sale price at $983K vs $1.8M in Greenwich Village.
Investors analyzing rental yield will find Lower East Side offers a stronger rent-to-price ratio based on current market data.
Commuters have more transit options in Lower East Side, which is served by 6 subway lines compared to 5 in Greenwich Village.
| Metric | Greenwich Village | Lower East Side |
|---|---|---|
| Median Sale Price | $1,800,000 | $982,500 |
| Median Condo Price | $1,800,000 | $1,100,000 |
| Median Co-op Price | $1,668,734 | $710,000 |
| Median Rent | $5,400 | $4,895 |
| Active Listings | 262 | 179 |
| Rental Inventory | 222 | 380 |
| Days on Market | 54 | 113 |
| Price Cut Share | 10.7% | 15.1% |
| Monthly Sales Volume | 43 | 10 |
| YoY Price Change | +36.1% | +41.4% |
| YoY Rent Change | +5.4% | +8.9% |
| YoY Inventory Change | +7.4% | +4.1% |
| Subway Lines | C E N R W | B D F J M Z |
Prices in Greenwich Village moved +36.1% over the past year, compared to +41.4% in Lower East Side. The +41.4% gain in Lower East Side reflects stronger buyer demand relative to available inventory in that market.
Greenwich Village, or 'The Village,' remains the heart of New York’s creative history and intellectual life. Defined by its winding, non-grid streets and the iconic Washington Square Park, the neighborhood offers a unique sense of place. The real estate market is highly sought after, featuring some of the city's most beautiful historic townhouses, gold-coast cooperatives, and discreet luxury developments that maintain the area's low-rise charm.
View Full Market ReportThe Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.
View Full Market ReportSpring St (C E) — 0.5 mi
Prince St (N R W) — 0.7 mi
East Broadway (F) — 0.3 mi
Delancey St-Essex St (F J M Z) — 0.3 mi
Grand St (B D) — 0.5 mi
Bowery (J Z) — 0.5 mi
Second Ave (F) — 0.6 mi
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 last updated: 1/1/1970.
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