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25+ years experience · 1,000+ transactions · 5-star reviews
Manhattan · New York, NY
64 active listings · Median $518K
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A co-op-led submarket with rents at the 5-year high, sale values below the 5-year high, and sale listings clearing quickly.
Median asking rent in Washington Heights sits at $2,964/month, matching the 5-year high. Rents are up +11.6% year over year and +44.6% over the past 5 years. Median sale price stands at $518K, 21.3% below the 5-year high recorded in Feb 2022. Sale prices are down -5.3% year over year. Sale listings are clearing 63 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 Mar 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...
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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Based on active listings in Washington Heights
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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 last updated: 1/1/1970.
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 Washington Heights buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."
"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."
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Manhattan 1BR rent: $4,550/mo. Median 1BR co-op: $688K. Break-even: 7.2 years. Full rent-vs-buy calculation by borough with 2026 mortgage rates.
The FARE Act requires the party who hires the broker to pay the fee. For most NYC rentals, that means the landlord now pays.
The median sale price in Washington Heights is $518K. Condos sit at a median of $400K and co-ops at $518K. Sale prices are down 5.3% year over year.
No. The median sale price in Washington Heights is currently 21.3% below the 5-year high recorded in February 2022. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Washington Heights have a median of 48 days on market. That is 63 days faster than the same point a year ago. Roughly 13.2% 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 48 days and 13.2% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Washington Heights offers both co-ops and condos. Co-ops are the higher-priced segment at a $518K median, with condos at $400K.
Roughly 18 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 $2,964/month. Live RLS listings show 2-bedrooms at $4,998 per month. Rents are up 11.6% year over year.
Yes. The median asking rent in Washington Heights is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.
Median asking rent in Washington Heights has risen 44.6% 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 All Upper Manhattan at $643K, Highbridge at $635K, Concourse at $633K, Morris Heights at $0. 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: mcoste@kwnyc.com.
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Licensed 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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