Entertainment
A Look at Real Estate in New York City in 2024
With the year safely in the rearview mirror, StreetEasy looked at the most sought-after amenities and neighborhoods.
The year 2024 saw many highs and lows in American real estate. Changes in how real estate commissions are advertised and paid went into effect, changing the relationships between brokers and their clients. Housing costs continued to soar. And “barndominiums” — a barn with a twist on the word condominium — became all the rage in rural America.
To put the year into perspective, StreetEasy compiled a report using data from its website to reflect on the highs and lows in New York City’s real estate market. The online platform used listings data and search trends to determine the priciest and most sought-after neighborhoods, amenities New Yorkers couldn’t live without and other findings. Here’s what StreetEasy analysts found.
The most coveted amenity? Laundry. (Yes, laundry.)
Sure, parking, central air-conditioning and a doorman may be important amenities to some. But in 2024, New Yorkers wanted one amenity more than all the rest: in-unit laundry. Based on searches, in-unit laundry was the most sought-after amenity among both renters and buyers for the second year in a row.
Also on people’s wish lists: access to an elevator and a pet-friendly home. According to StreetEasy, pet-friendly rentals were so coveted that the amenity had a 200 percent increase in search volume from 2023 to 2024. The upswing in pooch ownership during the pandemic may have had something to do with that trend.
