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Midtown West, New York, NY—10019

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,172,000
4.0% YoY Growth
Household Income
$122,000
23.3% YoY Growth
Days on Market
97
1.0% Longer YoY
Home Price Forecast
1.5%
Median Rent
$4,800
2.6% YoY Growth
1-Bed Rent
$4,800
8.0% YoY Growth
2-Bed Rent
$6,400
0.3% YoY Growth
3-Bed Rent
$7,010
7.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Midtown West, New York, NY

As of Dec '25, the median home price in Midtown West, New York, NY is $1,172,000, with a year-over-year change of 4.0%. This indicates that home prices in Midtown West, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$1,172,0004.0%
Single Family $1,081,000-10.5%
Condos $1,183,0004.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $897,000
    2.6%
    2 Bed
    		$1,721,0003.5%
    3 Bed
    		$3,392,0006.7%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    21.3%
    1 Bedroom
    49.0%
    2 Bedrooms
    22.6%
    3 Bedrooms
    6.4%
    4 Bedrooms
    0.8%

    Rental Trends — Midtown West, New York, NY

    As of July '25, Rentcast reports the average rent in Midtown West, New York, NY is $5,210, with a year-over-year rent change of -2.6%. Per bedroom, the median rent as of July '25 in Midtown West, New York, NY is studios: $3,840, 1-bedrooms: $5,000, 2-bedrooms: $6,310, 3-bedrooms: $7,190, 4-bedrooms: $8,350. The most common rental property sizes in Midtown West, New York, NY are 1-bedroom and studio, accounting for 46.3% and 24.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$4,800$5,210
    Studio Rent $3,800$3,840
    1 Bed Rent $4,800$5,000
    2 Bed Rent $6,400$6,310
    3 Bed Rent $7,010$7,190
    4 Bed Rent $8,000$8,350
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    % of Rental Stock

    Studio
    24.7%
    1 Bedroom
    46.3%
    2 Bedrooms
    22.2%
    3 Bedrooms
    5.8%
    4 Bedrooms
    1.0%

    Property Listings — Midtown West, New York, NY

    As of Dec '25, Realtor.com reports that the median days on market for a home in Midtown West, New York, NY is 80. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 7.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$1,820,000-4.0%
    Listing Count
    		392-5.0%
    Listings as % of Homes1.2%-5.0%
    Days on Market
    		971.0%
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    Demographics — Midtown West, New York, NY

    As of the latest ACS Survey released in 2023, Midtown West, New York, NY has a population of 44,300, which has increased by 1.3% over the past 5 years. Midtown West, New York, NY is a less popular place for families, as children make up 6.1% of the population. The area has a highly educated workforce, with 77.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		44,3001.3%
    % Under 18
    		6.1%-14.1%
    % Seniors
    		20.8%34.2%
    % WFH
    		21.9%195.9%
    % w/ College Degree
    		77.5%7.0%
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    As of the latest ACS Survey released in 2023, Midtown West, New York, NY is a predominantly white area, with 55.4% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Midtown West, New York, NY is asian, making up 18.4% of the population. Foreign-born residents account for 34.2% of the population in Midtown West, New York, NY, and this percentage has increased by 7.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		55.4%-2.3%
    % Black
    		6.2%6.9%
    % Hispanic
    		16.6%-1.2%
    % Asian
    		18.4%5.7%
    % Foreign Born
    		34.2%7.5%
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    Mortgage and Risk — Midtown West, New York, NY

    According to HUD data as of 2023, there were 150 mortgage originations in Midtown West, New York, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Midtown West, New York, NY. Investor activity is low, as 3.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		150
    % Conventional Loans
    		100.0%
    % Government Loans
    		0.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		19.0%
    % Cash Out Refinance
    		2.0%
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    Rentals and Section 8 — Midtown West, New York, NY

    As of 2024, the percent of homes in Midtown West, New York, NY under the Section 8 program is 5.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Midtown West, New York, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

    Section 8 Market Size

    Total Units under HUD
    		1,674
    Total Units Section 8
    		1,195
    % Rentals under Section 8
    		5.6%
    % Occupied Section 8
    		94.3%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$1,820$4,800$2,980
    2 Bedroom-$3,100$6,400$3,300
    3 Bedroom-$2,900$7,010$4,110
    4 Bedroom-$3,560$8,000$4,440

    Affordability — Midtown West, New York, NY

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio9.9
    Median Home Price$1,172,000
    Median Household Income$122,000

    Midtown West, New York, NY — ZIP Code Boundary Map

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    Frequently Asked Questions