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Featured local agent — Washington Heights, NY
Sarah Mitchell
Compass Real Estate · Washington Heights, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Washington Heights, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$518,500median sale price
How is the Washington Heights, NY housing market right now?
The median home sale price in Washington Heights, NY is $518,500, up 16.5% year-over-year. Homes sell in an average of 55 days with 7 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Washington Heights a buyer's or seller's market?
Washington Heights, NY is currently a seller's market, based on 3.5 months of supply and homes selling in about 55 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
55
Average pace
Active listings
7
3.5 months supply
Sale-to-list
103.4%
Above asking
What does the Washington Heights housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $518,500 |
| Median list price | $457,500 |
| Year-over-year price change | +16.5% |
| Average days on market | 55 days |
| Active inventory | 7 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 103.4% |
| Median price per sq ft | $230/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 14.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Washington Heights by property type?
How the Washington Heights, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $518,500 | $230/sq ft | 2 | 55 days |
| Townhouse | $485,000 | $192/sq ft | 1 | 157 days |
Source: Redfin · Updated monthly
The Washington Heights housing market is currently classified as a seller's market with a median sale price of $518,500. Prices have risen 16.5% compared to last year, with homes spending an average of 55 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Washington Heights
There are currently 7 homes listed for sale in Washington Heights, New York. The median listing price is $457K.
Active listings
7
Homes on market
Median list price
$457K
Avg. days on market
55
Days until sale
New this week
2
Newly listed
Who lives in Washington Heights?
Population
3,189
Median income
$78,663/yr
Median age
34.9 years
Owner-occupied
79.8%
College grads
27.8%
Avg commute
28.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Washington Heights?
Washington Heights is a community of approximately 3K residents with a median age of 34.9 years.The median household income is $78,663, which reflects a relatively affluent area with strong earning potential. 27.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Washington Heights offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Washington Heights, NY?
Want a head-to-head view? Compare Washington Heights side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Washington Heights?
The median home sale price in Washington Heights is $518,500, up 16.5% from last year.
How long do homes stay on market in Washington Heights?
Homes typically spend 55 days on market before going under contract.
What is the median income in Washington Heights?
The median household income is $78,663 per year.
Is Washington Heights a buyer's or seller's market?
With 3.5 months of supply, Washington Heights is currently a seller's market.
How much does a single-family home cost in Washington Heights?
The median single-family home price in Washington Heights, NY is $518,500 (about $230 per square foot).
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