House Prices

Lower East Side New York, NY House Prices & Home Values 2026


Average Data

average house price$1,501,397
average size per house2499 ft²
average price per ft²593 $ / ft²

04/03/2026 - The value range (VR) for house prices in Lower East Side New York, NY is $563.35/ sqft to $622.65/ sqft. An average home with 2499 sqft costs approximately $1,388,103 to $1,534,219. New York, NY includes 1 ZIP codes and it is located in New York county. The lowest prices are found in ZIP 10002, while the highest are in ZIP 10002. The average price per sqare feet is $593. Our analysis is based on 14 property listings.

Avergage prices by ZIP codes Lower East Side New York

10002223 $ / ft²




Historical development of home values in Lower East Side New York

Year Estimated value (USD) Change vs. 2025
2010 $697,276 -53.6%
2011 $670,312 -55.4%
2012 $668,507 -55.5%
2013 $693,495 -53.8%
2014 $727,978 -51.5%
2015 $765,341 -49.0%
2016 $805,281 -46.4%
2017 $848,746 -43.5%
2018 $895,669 -40.3%
2019 $937,200 -37.6%
2020 $985,648 -34.4%
2021 $1,121,069 -25.3%
2022 $1,306,914 -13.0%
2023 $1,378,202 -8.2%
2024 $1,457,933 -2.9%
2025 $1,501,397 0.0%

Graph: estimated home values in Lower East Side New York over time (USD)



Example: 100% financing house in Lower East Side New York

Loan amount: $1,501,397

Interest rate: 5.92%

Fixed monthly payment: $8,920.71

Breakdown in the 1st month:
Interest portion: $7,401.89  –  Principal portion: $1,518.82

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $88,320.24 $18,728.29 $1,482,668.71
2 $87,181.73 $19,866.80 $1,462,801.91
3 $85,974.01 $21,074.52 $1,441,727.39
4 $84,692.88 $22,355.65 $1,419,371.74
5 $83,333.86 $23,714.67 $1,395,657.06
6 $81,892.23 $25,156.31 $1,370,500.76
7 $80,362.96 $26,685.58 $1,343,815.18
8 $78,740.72 $28,307.81 $1,315,507.37
9 $77,019.86 $30,028.67 $1,285,478.70
10 $75,194.40 $31,854.13 $1,253,624.57
11 $73,257.96 $33,790.57 $1,219,833.99
12 $71,203.80 $35,844.73 $1,183,989.27
13 $69,024.78 $38,023.76 $1,145,965.51
14 $66,713.28 $40,335.25 $1,105,630.26
15 $64,261.27 $42,787.26 $1,062,843.00
16 $61,660.20 $45,388.33 $1,017,454.67
17 $58,901.01 $48,147.52 $969,307.14
18 $55,974.08 $51,074.45 $918,232.70
19 $52,869.23 $54,179.30 $864,053.39
20 $49,575.62 $57,472.91 $806,580.48
21 $46,081.80 $60,966.73 $745,613.75
22 $42,375.59 $64,672.94 $680,940.81
23 $38,444.07 $68,604.46 $612,336.35
24 $34,273.55 $72,774.98 $539,561.36
25 $29,849.50 $77,199.03 $462,362.33
26 $25,156.51 $81,892.02 $380,470.31
27 $20,178.23 $86,870.30 $293,600.02
28 $14,897.32 $92,151.21 $201,448.80
29 $9,295.38 $97,753.16 $103,695.65
30 $3,352.89 $103,695.65 $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 Lower East Side New York, NY


1500 sqft3900 sqft
Ø selling price$1,061,227$2,257,519
Ø fast selling$964,752$2,031,768
Ø high price sale$1,157,703$2,483,271

In 2026, houses in Lower East Side New York, NY will be offered at an average price of $593 per square foot. A 1,500 sqft home priced at $1,061,227 is 22.68% more expensive per square foot than a 3,900 sqft home priced at $2,257,519. Home prices in Lower East Side 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 $1,562,898. Sellers who can wait longer may achieve a higher price of up to $1,910,209.


Lower East Side, New York, NY

History and Culture

The Lower East Side (LES) in New York, NY blends historic immigrant roots with cutting-edge creativity in southeastern Manhattan.
Explore late 19th?century tenements, the Tenement Museum, and vivid street art that narrate the neighborhood?s evolving story.

Dining and Nightlife

From iconic Katz?s Delicatessen to acclaimed new restaurants and bakeries, the LES ranks among NYC?s most exciting dining scenes.
After dark, live music venues, speakeasy-style cocktail bars, and late-night eateries power classic Lower East Side nightlife.

Shopping and Arts

Indie boutiques, vintage stores, and galleries along Orchard, Ludlow, and Rivington Streets showcase the area?s trendsetting style.
Regular pop-ups and artist-run spaces keep the creative energy fresh, attracting locals and visitors seeking unique finds.

Parks and Community

Green spaces like East River Park offer jogging paths, bike routes, and skyline views for an urban outdoor escape.
The revitalized Essex Market and Essex Crossing bring fresh foods, cultural events, and conveniences that anchor community life.

Location and Housing

Excellent subway and bus connections put downtown hotspots, the Financial District, and Williamsburg just minutes away.
Housing options span renovated walk-ups, co-ops, and new luxury towers, delivering an authentic yet evolving Lower East Side experience.



FAQ – Home Values in Lower East Side New York

What is the median home value in Lower East Side New York in 2026?

In 2026, the typical home value in Lower East Side New York is about $1,501,397 for an average home size of 2499 square feet. This corresponds to an average price of roughly $593 per square foot.

What is the average cost per square foot in Lower East Side New York?

In 2026, homes in Lower East Side New York sell for an average of around $593 per square foot, with a typical range between $563.35 and $622.65 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Lower East Side?

The average home size in Lower East Side New York is about 2499 square feet, with an estimated 2026 value around $1,501,397.



Neighborhoods close to Lower East Side New York, NY

Harlem New York, NY1025 $ / ft²
Windmill Farm Armonk, NY385 $ / ft²
Bedford Village Bedford, NY227 $ / ft²
Chelsea New York, NY199 $ / ft²
West End Fishers Island, NY141 $ / ft²
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