New York, NY 10001 Real Estate Market Report

ZIP Code: 10001
Report Date: February 2026
Market Temperature: HOT
Scope: This ZIP code has limited single-family residential (SFR) inventory. Metrics are based primarily on other residential property types (e.g. condos/townhomes) as a proxy, so treat SFR conclusions as directional rather than precise.

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Executive Overview

As of February 2026, the real estate market in New York, NY (ZIP: 10001) is characterized by a median sold price of $2,692,000, reflecting the actual market transactions and indicating a robust demand despite recent fluctuations. The market has shown signs of stability, although it has experienced a dip recently. With buyer demand increasing seasonally, the market is leaning towards a seller's advantage due to relatively constrained active supply.

The median days on market stands at 318, suggesting a slower sales velocity, which may indicate a cautious buyer sentiment in the face of elevated inventory levels. The median listing price of $2,300,000 indicates a pricing friction between seller expectations and market realities, as the gap between listing and sold prices could influence buyer behavior moving forward. Overall, the market temperature is classified as hot, driven by strong rental demand and moderate interest rate pressure.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the New York market average around 6.17% as of mid-February 2026, which is 0.70% lower than the 6.87% average from one year ago.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $2,692,000 indicates strong transaction activity, despite recent market fluctuations.

2. With a median days on market of 318, the market is experiencing slower sales velocity, suggesting a cautious buyer sentiment.

3. The median listing price of $2,300,000 reflects a significant gap from the sold price, indicating potential pricing friction.

4. The market temperature is classified as hot, driven by increasing buyer demand and strong rental activity.

5. Rental demand is up, with a median market rent of $4,980, reflecting a competitive rental landscape.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.