Manhattan · New York, NY
53 active listings · Median $490K
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A condo-dominant submarket with strong rent growth, sale values below the 5-year high, and sale listings sitting longer than a year ago.
Median asking rent in Washington Heights is $3,137/month, $63 below the 5-year high set in Jul 2026. Rents are up +12.0% year over year and +42.6% over the past 5 years. Median sale price stands at $490K, 26.9% below the 5-year high recorded in Jul 2026. Sale prices are down -9.6% year over year. Sale listings are clearing 17 days slower 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.
Washington Heights is a well-connected neighborhood known for its dramatic topography and stunning views of the Hudson River and the George Washington Bridge. Home to the Cloisters and Fort Tryon Park, the area offers a unique blend of history and natural beauty. The real estate market is characteri...
In my 25+ years selling real estate across New York City, I use this Washington Heights data in real negotiations, not just for a web page.
Stations: 181 St (0.36 mi), 175 St (0.38 mi), 168 St (0.45 mi), 163 St-Amsterdam Av (0.70 mi)
Midtown: 25 min (A express from 181 St)
| School | Grades | Dist |
|---|---|---|
| P.S. 004 Duke Ellington | PK-5 | 0.81 mi |
| I.S. 128 (The Elijah D. Clark JHS) | 6-8 | 0.86 mi |
| High School for Media and Communications | 9-12 | 0.51 mi |
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
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Washington Heights is mostly large pre-war cooperatives, many with Hudson River or George Washington Bridge exposures, near Fort Tryon Park and the Cloisters. Buyers weigh apartment size and layout. Co-op sellers should have the board package, building financials, sublet policy and any flip tax terms ready, since those rules shape which buyers can close.
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 | 189 |
| Pending Sales | 39 |
| New This Week | 1 |
| New This Month | 12 |
| Avg DOM | 140.5 days |
| Price Cut Rate | 10.1% |
| Recent Sales | |
| Sold Last 30 Days | 2 |
| Sold Last 90 Days | 15 |
| Sale-to-List | 98.0% |
| Asking Prices | |
| Median Asking | $490,000 |
| Average Asking | $729,470 |
| Median $/SqFt | $614 |
| Median Condo Ask | $650,000 |
| Median Co-op Ask | $490,000 |
Based on active listings in Washington Heights
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 1 | too few | $525K - $525K |
| 1 Bedroom | 18 | $409,000 | $275K - $675K |
| 2 Bedrooms | 19 | $529,000 | $205K - $1.26M |
| 3+ Bedrooms | 15 | $949,000 | $279K - $2.50M |
View active listings by size:
Properties in Washington 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
Transactions in Washington Heights
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 Washington Heights buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
I was trying to rent out my newly renovated condo in NYC's competitive rental market, and Milton Coste handled everything from start to finish. Milton knows the area inside out and was communicative, knowledgeable, and proactive throughout the entire process. Thanks to his expertise, he found a great tenant within just one week at a strong rental price. I highly recommend Milton to anyone looking for a reliable, professional, and results-driven real estate broker.
Milton is excellent. My apartment transition went very smoothly and quickly. He is very responsive and was extremely informed about both my property and the areas I was looking in. Highly recommended.
Quarterly report
Manhattan Market Report, 3Q 2026
$1,275,000 median sale price. Download the full report
Six months after the FARE Act took effect, the NYC rental market has seen significant shifts in how broker fees are handled and who pays them.
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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Manhattan one-bedrooms asked a median $4,500 a month over the twelve months through April 2026. What renting really costs against buying, by borough.
Sale listings that came on the market in the last 7 days.
Homes in Washington Heights take a median 141 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 Washington Heights is $490K. Condos sit at a median of $650K and co-ops at $490K. Sale prices are down 9.6% year over year.
No. The median sale price in Washington Heights is currently 26.9% below the 5-year high recorded in July 2026. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Washington Heights have a median of 140.5 days on market. That is 17 days slower than the same point a year ago. Roughly 10.1% of active listings have recorded a price cut, suggesting some negotiating room.
Washington Heights is broadly balanced right now, with median days on market at 140.5 days and 10.1% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Washington Heights offers both co-ops and condos. Condos are the higher-priced segment at a $650K median, with co-ops at $490K.
Roughly 14 homes change hands each month in Washington 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 Washington Heights is $3,137/month. Live RLS listings show 1-bedrooms at $3,631 per month. Rents are up 12.0% year over year.
Median asking rent in Washington Heights is currently $63 below the 5-year high set in July 2026. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Washington Heights has risen 42.6% 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 Washington Heights, median sale prices range across Highbridge at $725K, Concourse at $235K, University Heights at $110K, Morris Heights at $100K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Washington Heights is served by the 1, A, C trains. The commute to Midtown Manhattan runs roughly 25 minutes from 181 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 Washington 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 Washington Heights, I will guide you every step of the way.
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