2024 list of the top neighborhoods for buyers in NYC
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The most expensive neighborhood in the five boroughs is Nolita, where the median home costs an eye-watering $5,351,875. For three of the neighborhoods that require a 1% salary to call it home, look below 14th Street to areas dominated by acronyms—think Tribeca, NoHo, and SoHo. Other pricey ZIP codes include Manhattan’s Flatiron District and Loveladies Beach Haven, NJ, in the greater tristate area.For three of the neighborhoods that require a 1% salary to call it home, look below 14th Street to areas dominated by acronyms—think Tribeca, NoHo, and SoHo.
Anyone looking to buy a place in Carroll Gardens needs to earn $718,983 a year, while Cobble Hill demands a yearly salary of $698,723. The salary needed in Boerum Hill is close behind, at $689,280.The median list prices for homes in these leafy areas known for brownstones and families range from $2,683,750 in Carroll Gardens to $2,572,875 in Boerum Hill.
“The most affordable neighborhoods in the NYC metro are mostly in the Bronx and Yonkers,” says Jones. “Homes in these areas are priced below the national median and below the metro area’s median.”It’s no secret that the farther you get from the downtown epicenter of Manhattan, the less you’ll have to pay for a home.For homebuyers who want to stick to the city, Inwood offers the most bang for the buck.
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