Why Live in Inwood
Inwood, located in the northern part of Manhattan, New York, is known for its affordability and residential charm. The neighborhood is characterized by its hilly terrain and proximity to the Hudson and Harlem rivers, making it a walkable area with a diverse population. Inwood's real estate primarily consists of prewar co-ops, with a significant portion of residents renting apartments. The Inwood NYC Action Plan aims to create and preserve thousands of affordable homes, enhance park spaces, and improve access to the Harlem River waterfront. The neighborhood features a variety of dining options reflecting its Latin American influence, including Bocaditos Bistro, Serrano Salsa, and Patacon Pisao. Local favorites like CHOCNyc and Tubby Hook Tavern offer spots for pastries and evening relaxation. Inwood Hill Park, Manhattan’s largest old-growth forest, provides nearly 200 acres of hiking, biking, and scenic views, while Isham Park offers additional green space. Cultural sites include the Dyckman Farmhouse Museum and the nearby Met Cloisters Museum. The neighborhood has a mix of public and private schools, with Paula Hedbavny School and Harold O Levy School serving elementary and middle school students, respectively. Inwood is accessible via the 1 and A trains, with a commute to Midtown taking around 33 minutes. Major roads like Broadway and Route 9A facilitate travel to the Bronx and beyond.
Home Trends in Inwood, NY
On average, homes in Inwood, Manhattan sell after 106 days on the market compared to the national average of 52 days. The median sale price for homes in Inwood, Manhattan over the last 12 months is $479,500, up 20% from the median home sale price over the previous 12 months.
Median Sale Price
$479,500
Median Single Family Sale Price
$610,000
Median Townhouse Sale Price
$1,545,000
Median 2 Bedroom Sale Price
$560,000
Median 1 Bedroom Sale Price
$379,000
Average Price Per Sq Ft
$515
Number of Homes for Sale
26
Last 12 months Home Sales
48
Median List Price
$425,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
20%