New York, NY 10006 Real Estate Market Report
ZIP Code: 10006
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
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
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 primary indicator of market value is the median sold price at $2,062,000, which represents the most reliable recent transaction signal for the neighborhood and suggests controlled appreciation in line with observed price trends; representative recent sale provides a practical pricing anchor for comparables.
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The median listing price is $2,035,000, slightly below the median sold price of $2,062,000, which may indicate modest seller concession or that asking prices are aligning with recent transaction levels rather than diverging; pricing alignment may reduce negotiation friction if this pattern holds.
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Liquidity appears cautious: the median days on market at 413 indicates slower sales velocity despite a sample characterization of relatively constrained active supply, which may increase holding time and require pricing patience from sellers or selective concessions to accelerate transactions.
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Market context supports a balanced outlook—price year-over-year trend is up, rent year-over-year trend is up with median market rent at $4,182, market temperature is neutral, and interest rate pressure is moderate; together these signals suggest steady demand for both SFR and condominium product without strong directional pressure, so investors should prioritize deal-level underwriting and rent growth capture.
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 above market average
Sold above market average
Sold above market average
Sold above market average
Sold at market average
Sold below market average
New York, NY 10006 Real Estate Market Report
ZIP Code: 10006
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.
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
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
-
The neighborhood's representative recent sale value is 2,062,000 as the median sold price, which we treat as the primary indicator of market value and is consistent with the observed up price year-over-year trend.
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The median listing price is 2,035,000 versus the median sold price of 2,062,000, which suggests seller expectations are broadly aligned with recent transactions and may indicate limited pricing friction between ask and achieved sale levels.
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The market shows slower sales velocity with a median days on market of 413, and combined with elevated inventory relative to sales activity this appears to support a neutral market temperature rather than a strongly one-sided market.
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Pricing density and rental strength: the median price per square foot is 1,418 while the median market rent is 4,647; rent momentum is up, and moderate interest rate pressure (moderate) suggests continued caution among buyers and lenders.
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 above market average
Sold above market average
Sold above market average
Sold above market average
Sold at market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.5% rate, 1.7% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 4/18/2026
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