Koreatown New York, NY House Prices & Home Values 2026

Average Data

average house price	$3,387,136
average size per house	2199 ft²
average price per ft²	1615 $ / ft²

04/04/2026 - The value range (VR) for house prices in Koreatown New York, NY is $1534.25/ sqft to $1695.75/ sqft. An average home with 2199 sqft costs approximately $3,535,759 to $3,907,945. New York, NY includes 1 ZIP codes and it is located in New York county. The lowest prices are found in ZIP 10001, while the highest are in ZIP 10001. The average price per sqare feet is $1615. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Koreatown New York

10001

236 $ / ft²

Historical development of home values in Koreatown New York

Year	Estimated value (USD)	Change vs. 2025
2010	$1,573,047	-53.6%
2011	$1,512,217	-55.4%
2012	$1,508,146	-55.5%
2013	$1,564,516	-53.8%
2014	$1,642,311	-51.5%
2015	$1,726,600	-49.0%
2016	$1,816,706	-46.4%
2017	$1,914,761	-43.5%
2018	$2,020,620	-40.3%
2019	$2,114,312	-37.6%
2020	$2,223,612	-34.4%
2021	$2,529,119	-25.3%
2022	$2,948,385	-13.0%
2023	$3,109,209	-8.2%
2024	$3,289,081	-2.9%
2025	$3,387,136	0.0%

Graph: estimated home values in Koreatown New York over time (USD)

Example: 100% financing house in Koreatown New York

Loan amount: $3,387,136

Interest rate: 6.29%

Fixed monthly payment: $20,938.96

Breakdown in the 1st month:
Interest portion: $17,748.59 – Principal portion: $3,190.37

Yearly breakdown (100% financing)

Year	Interest per year ($)	Principal per year ($)	Remaining balance at year-end ($)
1	$211,860.25	$39,407.30	$3,347,728.70
2	$209,309.65	$41,957.90	$3,305,770.80
3	$206,593.95	$44,673.60	$3,261,097.21
4	$203,702.49	$47,565.06	$3,213,532.15
5	$200,623.88	$50,643.67	$3,162,888.47
6	$197,346.00	$53,921.54	$3,108,966.93
7	$193,855.97	$57,411.57	$3,051,555.36
8	$190,140.05	$61,127.49	$2,990,427.86
9	$186,183.62	$65,083.93	$2,925,343.94
10	$181,971.12	$69,296.43	$2,856,047.50
11	$177,485.96	$73,781.59	$2,782,265.91
12	$172,710.50	$78,557.05	$2,703,708.87
13	$167,625.96	$83,641.59	$2,620,067.27
14	$162,212.32	$89,055.23	$2,531,012.04
15	$156,448.29	$94,819.26	$2,436,192.78
16	$150,311.18	$100,956.36	$2,335,236.42
17	$143,776.86	$107,490.69	$2,227,745.73
18	$136,819.61	$114,447.94	$2,113,297.79
19	$129,412.05	$121,855.49	$1,991,442.30
20	$121,525.05	$129,742.50	$1,861,699.80
21	$113,127.57	$138,139.98	$1,723,559.82
22	$104,186.56	$147,080.98	$1,576,478.84
23	$94,666.86	$156,600.69	$1,419,878.15
24	$84,531.00	$166,736.55	$1,253,141.60
25	$73,739.11	$177,528.44	$1,075,613.16
26	$62,248.71	$189,018.83	$886,594.32
27	$50,014.62	$201,252.93	$685,341.39
28	$36,988.67	$214,278.87	$471,062.52
29	$23,119.64	$228,147.91	$242,914.61
30	$8,352.94	$242,914.61	$0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.

How to sell in Koreatown New York, NY

	1500 sqft	3900 sqft
Ø selling price	$3,071,924	$6,534,820
Ø fast selling	$2,792,658	$5,881,338
Ø high price sale	$3,351,190	$7,188,302

In 2026, houses in Koreatown New York, NY will be offered at an average price of $1615 per square foot. A 1,500 sqft home priced at $3,071,924 is 24.10% more expensive per square foot than a 3,900 sqft home priced at $6,534,820. Home prices in Koreatown New York, NY vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $4,524,106. Sellers who can wait longer may achieve a higher price of up to $5,529,463.

Guide to Koreatown, New York, NY

Overview & Location

Koreatown in New York, NY is a vibrant micro-neighborhood centered on West 32nd Street in Midtown Manhattan, blending classic and contemporary Korean culture.
Its central location near the Empire State Building and Penn Station makes Koreatown NYC easy to reach for locals and visitors.

Food & Dining

The neighborhood is famous for sizzling Korean BBQ, comforting jjigae, and 24-hour eateries that keep the block buzzing.
Modern dessert caf�s and Korean bakeries serve photogenic bingsu, pastries, and specialty coffees.

Shopping & Nightlife

Shoppers browse multi-level K-beauty stores, Korean markets, and quirky home-goods shops packed with imported brands.
After dark, neon-lit karaoke bars and lounges pour soju cocktails and host lively group singalongs.
Cultural touches include seasonal street festivals, K-pop merchandise shops, and small bookstores with bilingual titles.

Atmosphere & Tips

A compact streetscape of vertical malls and Hangul signage creates an immersive, photo-friendly backdrop.
For the best experience, visit on weeknights or make BBQ reservations, and be ready for shareable dishes and call buttons at tables.
Whether you?re craving authentic flavors or unique nightlife, things to do in Koreatown New York are steps apart and open late.

FAQ – Home Values in Koreatown New York

What is the median home value in Koreatown New York in 2026?

In 2026, the typical home value in Koreatown New York is about $3,387,136 for an average home size of 2199 square feet. This corresponds to an average price of roughly $1615 per square foot.

What is the average cost per square foot in Koreatown New York?

In 2026, homes in Koreatown New York sell for an average of around $1615 per square foot, with a typical range between $1534.25 and $1695.75 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Koreatown?

The average home size in Koreatown New York is about 2199 square feet, with an estimated 2026 value around $3,387,136.

Neighborhoods close to Koreatown New York, NY

Harlem New York, NY	1025 $ / ft²
Windmill Farm Armonk, NY	385 $ / ft²
Bedford Village Bedford, NY	227 $ / ft²
West End Fishers Island, NY	141 $ / ft²

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