Manhattan
Kips Bay
538 closed sales · last 12 months
Updated monthly from closed-sale data.
Murray Hill-Kips Bay is a neighborhood in Manhattan. The median sale price is $715,000, with prices averaging $1,140.63 per square foot. Annual sales volume stands at 567 transactions, and the median time on market is 194 days.
Over the last 12 months, Kips Bay has trailed Manhattan it sits within.
Median Price
$715K
Half of sales closed above this price, half below.
Price / SF
$1,143/SF
Median closed price per square foot.
Closed Sales
538
Number of closed sales in the period.
Price Trend
Last 12 monthsClosed Sales
Who lives here
- 101,187
- Residents
- $151K
- Median household income
- $3K/mo
- Median rent
Source: U.S. Census (ACS), 2023 · Kips Bay (3 ZIP codes)
Kips Bay on the map
Notable nearby
Restaurants
- Marchi's106 ft
- Yoi Ramen & Tea148 ft
- Hill And Bay164 ft
Coffee
- First Cup Cafe216 ft
- Banter391 ft
- Dunkin'459 ft
Bookstores
- Jhu Comic Books517 ft
- New York Public Library - Kips Bay0.1 mi
- NYPL0.1 mi
Nightlife & culture
- Imax327 ft
- Mr. B Bar444 ft
- Mr B bar444 ft
Shopping
- Wireless One NY, Verizon Wireless Authorized Retailer127 ft
- Subway132 ft
- Optic Shades158 ft
Getting around
Nearest stop: 2nd Ave & East 33rd St · 1 min walk
Schools nearby
- PS 116 Mary Lindley MurrayElementary · 1 min walk
- Unity Center for Urban TechnologiesHigh · 5 min walk
- Manhattan Academy for Arts and LanguagesHigh · 6 min walk
- Murray Hill AcademyHigh · 6 min walk
- River School (The)Elementary · 6 min walk
- 47 American Sign Language and English Lower School (The)Elementary · 8 min walk
Key details
The cost of homes
The median sale price in Murray Hill-Kips Bay is $715,000, roughly 45% lower than Manhattan's median of $1,295,000. Homes typically sell between $456,250 and $1,228,750.
Housing stock
Properties in Murray Hill-Kips Bay are priced at $1,140.63 per square foot and typically spend 194 days on the market. The neighborhood recorded 567 annual sales, underperforming the broader Manhattan market over the past 12 months.
Nearby neighborhoods
All figures reflect sales only; rentals are excluded.
Thinking about a move in this neighborhood?
Get a personalized valuation or talk through the market with a local expert.
