Queens
Manhattan
For buyers focused on affordability, Nolita has the lower median sale price at $35K vs $548K in Jamaica.
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 Jamaica.
| Metric | Jamaica | Nolita |
|---|---|---|
| Median Sale Price | $547,500 | $34,500 |
| Median Condo Price | N/A | $1,541,643.5 |
| Median Co-op Price | N/A | $34,500 |
| Median Rent | $2,840 | $5,495 |
| Active Listings | 26 | 18 |
| Rental Inventory | 255 | 128 |
| Days on Market | 0 | 13 |
| Price Cut Share | 3.8% | 11.8% |
| Monthly Sales Volume | 12 | 3 |
| YoY Price Change | +4.3% | 0.0% |
| YoY Rent Change | -9.1% | +11.6% |
| YoY Inventory Change | +44.4% | -5.3% |
| Subway Lines | N/A | 1 6 A B C D E J N Q R W Z |
Prices in Jamaica moved +4.3% over the past year, compared to 0.0% in Nolita. The +4.3% gain in Jamaica reflects stronger buyer demand relative to available inventory in that market.
Jamaica is a major commercial and transportation hub in central Queens, featuring a mix of prewar apartment buildings, new construction condominiums, and single-family homes radiating from the Jamaica Center transit hub. The E/J/Z trains, LIRR Jamaica station, and AirTrain JFK converge here, making it one of the best-connected neighborhoods in the city. The downtown area is undergoing significant new residential and commercial development.
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.
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