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25+ years experience · 1,000+ transactions · 5-star reviews
Queens
Manhattan
For buyers focused on affordability, Nolita has the lower median sale price at $35K vs $490K in Elmhurst.
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 0 in Elmhurst.
| Metric | Elmhurst | Nolita |
|---|---|---|
| Median Sale Price | $490,000 | $34,500 |
| Median Condo Price | $555,000 | $1,541,643.5 |
| Median Co-op Price | $310,000 | $34,500 |
| Median Rent | $2,647.5 | $5,495 |
| Active Listings | 88 | 18 |
| Rental Inventory | 106 | 128 |
| Days on Market | 73.5 | 13 |
| Price Cut Share | 18.2% | 11.8% |
| Monthly Sales Volume | 17 | 3 |
| YoY Price Change | +8.9% | 0.0% |
| YoY Rent Change | +1.8% | +11.6% |
| YoY Inventory Change | +72.5% | -5.3% |
| Subway Lines | N/A | 1 6 A B C D E J N Q R W Z |
Prices in Elmhurst moved +8.9% over the past year, compared to 0.0% in Nolita. The +8.9% gain in Elmhurst reflects stronger buyer demand relative to available inventory in that market.
Elmhurst is a dynamic and bustling neighborhood in central Queens. Known for its incredible culinary scene and bustling commercial corridors, the area offers a high-energy urban lifestyle. The real estate market is characterized by a wide range of housing options, from spacious pre-war cooperatives and traditional multi-family houses to sleek new construction condominiums that provide excellent value and a quick commute to Manhattan and Long Island City.
View Full Market ReportNolita (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.
View Full Market ReportNo subway data available
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
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.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.