Harlem Home Sale Prices Climb at 3 Times the Rate of the Rest of Manhattan

 Between 2009 and 2017, the average price per square foot of a Harlem townhouse increased by 171 percent – from $237 to $642 per square foot. Between 2009 and 2017, the average price per square foot of a Harlem townhouse increased by 171 percent – from $237 to $642 per square foot. View Full Caption

DNAinfo/Gustavo Solis

HARLEM — Townhouse prices are rising three times faster in Harlem than in the rest of Manhattan, according a recent analysis of home sales, and at this rate buying a place in the neighborhood could cost as much as it does in Downtown and Midtown in the next decade. 

“At an average yearly growth rate of 15% compared to 5% for  Manhattan, Harlem could close the price gap by

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