$7,295
2 bd2 ba915 sqft
235 W 48th St APT 27G
Midtown, NY Housing Market
$1,515,741
8.0% 1-yrThe average Midtown, NY home value is $1,515,741, up 8.0% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Midtown Key Takeaways
Typical Home Values: $1,515,741
1-year Value Change: +8.0%
(Data through August 31, 2025)
Midtown Housing Market Overview
--1-year Market Forecast
288For sale inventory(August 31, 2025)
30New listings(August 31, 2025)
--Median sale to list ratio
$1,762,917Median sale price(July 31, 2025)
$1,869,167Median list price(August 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Turtle Bay$927,009
- Sutton Place$943,931
- Murray Hill$777,513
- Hell's Kitchen$924,910
- Hudson Yards$2,038,161
- Kips Bay--
- Flatiron District$1,817,117
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Midtown Rental Market Trends
--Average rent in Midtown
$2,007National average rent(August 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
