New York, NY 10001 Real Estate Market Report
ZIP Code: 10001
Report Date: April 2026
Market Temperature: NEUTRAL
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.
Executive Overview
As of April 2026, the real estate market in New York, NY (ZIP: 10001) is characterized by a median sold price of $2,775,420, reflecting a robust demand despite the current economic pressures. The market has shown a year-over-year price trend that is up, indicating sustained buyer interest and potential for further appreciation. The elevated median listing price of $2,480,000 suggests that sellers are optimistic, although this gap may create pricing friction as buyers navigate affordability challenges.
Transaction activity appears moderate, with the median days on market recorded at 419 days, indicating a slower sales velocity. This extended timeframe may suggest that while there is interest in the market, buyers are taking their time to make decisions, likely influenced by the current interest rate pressure, which is noted as moderate. Overall, the market temperature remains neutral, reflecting a balance between supply and demand, albeit with elevated inventory levels relative to sales activity.
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.
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.
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.
Property Taxes
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.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Key Findings
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The median sold price is $2,775,420, indicating strong market value and buyer willingness to invest.
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With a median listing price of $2,480,000, there is potential pricing friction as sellers may need to adjust expectations to align with buyer affordability.
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The median days on market stands at 419 days, suggesting a slower sales velocity that may impact liquidity in the market.
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The rental market is exceptionally strong, with a median market rent of $4,980, reflecting increased demand for rental properties as homeownership becomes less accessible.
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The market temperature is neutral, indicating a balanced environment where supply and demand are relatively aligned.
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold below market average
Sold below market average
Sold below market average
Sold above market average
Sold below market average
Sold below market average
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 4/1/2026
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