Manhattan · New York, NY
50 active listings · Median $635K
Calculating market narrative...
A condo-dominant submarket with softening rents, sale values below the 5-year high, and sale listings clearing quickly.
Median asking rent in Morningside Heights is $4,460/month, $525 below the 5-year high set in Aug 2025. Rents are down -7.1% year over year and +27.4% over the past 5 years. Median sale price stands at $635K, 73.1% below the 5-year high recorded in Nov 2023. Sale listings are clearing 73 days faster than at this point last year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Sep 2026.
Morningside Heights is often referred to as the 'Academic Acropolis' of New York, home to Columbia University and the Cathedral of St. John the Divine. Perched on a plateau between Riverside and Morningside Parks, the neighborhood offers a scholarly and serene atmosphere. The real estate market is d...
In my 25+ years selling real estate across New York City, I use this Morningside Heights data in real negotiations, not just for a web page.
| Borough | Manhattan |
| Zip Code | 10027 |
| Subway | 1, A, B, C, D trains |
| Building Types | Pre-war buildings, Co-ops |
Stations: 116 St-Columbia University (0.16 mi), 125 St (0.48 mi)
Midtown: 22 min (2 express from 125 St)
| School | Grades | Dist |
|---|---|---|
| P.S. 161 Pedro Albizu Campos | PK-5 | 0.78 mi |
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Prewar construction defines the zip that covers Morningside Heights (10027): the city's PLUTO tax-lot data dates about 1,000 residential lots to 1900 through 1929 and roughly 500 more to before 1900. Buyers here compare high-ceilinged co-ops between Riverside and Morningside Parks, near Columbia University. Co-op sellers should assemble the board package and building financials; row-house owners, the certificate of occupancy, leases and open HPD or DOB items.
Built on your building's comparable sales, not a portal estimate.
Seven questions, plus a 2-to-4 family mode with your rent roll.
Commission, transfer taxes, flip tax and payoff, line by line.
Open HPD and DOB items, registration and lien status for 1-to-4 family owners.
With the address I can look at what sold in your building and on your block. If you would rather not give it yet, the email alone is enough.
Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 70 |
| Pending Sales | 27 |
| New This Week | 1 |
| New This Month | 11 |
| Avg DOM | 66 days |
| Price Cut Rate | 15.7% |
| Recent Sales | |
| Sold Last 30 Days | 5 |
| Sold Last 90 Days | 22 |
| Sale-to-List | 95.0% |
| Asking Prices | |
| Median Asking | $635,000 |
| Average Asking | $1,538,320 |
| Median $/SqFt | $1,550 |
| Median Condo Ask | -- |
| Median Co-op Ask | -- |
Based on active listings in Morningside Heights
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 3 | too few | $299K - $499K |
| 1 Bedroom | 10 | $544,500 | $399K - $1.25M |
| 2 Bedrooms | 21 | $1,250,000 | $450K - $3.69M |
| 3+ Bedrooms | 16 | $2,462,500 | $768K - $3.98M |
View active listings by size:
Properties in Morningside Heights
REBNY/RLS Disclaimer: 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.
Experience across NYC
Transactions closed
Active in Manhattan
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Morningside Heights buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
Milton helped me purchase my first Manhattan condo, and I can't recommend him highly enough. What could have been a stressful process ended up feeling remarkably smooth. From the initial offer through closing, Milton was responsive, knowledgeable, and always willing to take the time to answer questions and explain the details. I always felt informed and supported, but never pressured. If you're looking for a broker who is knowledgeable, trustworthy, responsive, and genuinely invested in helping his clients succeed, I would absolutely recommend Milton.
Milton was extremely helpful in finding my dream place. He was quick, friendly, and extremely responsive. He made the process so easy for me that it really took a weight off my shoulders. He took his time to work with my schedule and make sure I felt comfortable in my new place. I am really thankful. Highly recommend.
Quarterly report
Manhattan Market Report, 3Q 2026
$1,275,000 median sale price. Download the full report
Washington Heights co-ops are closing around $490K while Manhattan's overall median sits at $1.225M. Here's what that gap means for buyers in 2026, from someone born on these blocks.
HPD rules for HDFC co-ops: a household income cap of 165% of AMI or lower, formula-limited resale prices, and a flip tax on profits. The 2026 figures.
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Sale listings that came on the market in the last 7 days.
Homes in Morningside Heights take a median 66 days to go into contract. Source: StreetEasy market data.
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Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
The median sale price in Morningside Heights is $635K. Year-over-year price comparisons swing meaningfully when monthly closed-sale counts are low, so a single recent month is best read alongside the longer-term price trend.
No. The median sale price in Morningside Heights is currently 73.1% below the 5-year high recorded in November 2023. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Morningside Heights have a median of 66 days on market. That is 73 days faster than the same point a year ago. Roughly 15.7% of active listings have recorded a price cut, suggesting some negotiating room.
Morningside Heights is broadly balanced right now, with median days on market at 66 days and 15.7% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Roughly 1 homes change hands each month in Morningside Heights across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Morningside Heights is $4,460/month. Live RLS listings show 1-bedrooms at $4,750, 2-bedrooms at $6,495, 3+ bedrooms at $4,500 per month. Rents are down 7.1% year over year.
Median asking rent in Morningside Heights is currently $525 below the 5-year high set in August 2025. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Morningside Heights has risen 27.4% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Morningside Heights, median sale prices range across Central Harlem at $1.2M, East Harlem at $600K, Hamilton Heights at $550K, West Harlem at $310K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Morningside Heights is served by the 1, A, B, C, D trains. The commute to Midtown Manhattan runs roughly 22 minutes from 125 St.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Morningside Heights, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: milton@miltoncoste.com.
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Morningside Heights, I will guide you every step of the way.
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