How Much To Buy An Apartment In Manhattan Today

: A weakening U.S. dollar has made Manhattan real estate more attractive to international buyers in 2026.

: Two-bedroom and larger apartments have seen the most significant gains, with some segments seeing double-digit price increases in 2026. Total Cash Required for Purchase how much to buy an apartment in manhattan

: Many buildings, especially co-ops, require buyers to show significant cash reserves (often 12–24 months of carrying costs) after the purchase is complete. 2026 Market Outlook : A weakening U

The market is characterized by , with active inventory hitting five-year lows in early 2026. Total Cash Required for Purchase : Many buildings,

Buying an apartment in Manhattan in 2026 requires significant capital, as median prices have reached record highs driven by a surging luxury market and limited inventory. While co-ops offer a more affordable entry point, condominiums continue to command a premium due to their flexibility for international and investor buyers.

The overall median sale price for Manhattan apartments is approximately , representing a year-over-year increase of roughly 5% to 13%. Property Type Median Sale Price Average Price per Sq. Ft. All Apartments $1,225,000 (+5.2% YoY) $1,972 (+4% YoY) Condominiums $1,750,000 (+1.4% YoY) Co-operatives $850,000 (Flat YoY)

: A tiered tax starting at 1% for purchases of $1 million or more, rising up to 3.9% for properties over $25 million.