New York, NY 10010 Real Estate Market Report

ZIP Code: 10010
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.

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Executive Overview

The real estate market in New York, NY (ZIP: 10010) is currently characterized by a median sold price of $1,270,750, reflecting a stable market environment. This price point indicates a robust demand for properties, despite the median days on market averaging 397 days, which suggests a slower sales velocity. The neighborhood has experienced an upward price trend, contributing to a more balanced market dynamic as buyers and sellers adjust to current conditions.

With median listing prices at $1,250,000, there is a slight gap between asking and sold prices, which may indicate some pricing friction as sellers navigate market expectations. Elevated inventory levels are present, suggesting excess supply relative to sales activity, which could lead to more competitive pricing strategies among sellers. Overall, the market temperature is currently classified as neutral, indicating a balanced environment where neither buyers nor sellers hold a definitive advantage.

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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

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in New York, NY 10010 are averaging 6.38%, which is 0.16% higher than the average rate of 6.22% recorded last week.

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. Median sold price stands at $1,270,750, reflecting strong market demand despite slower sales velocity.

2. Median days on market is 397 days, indicating a slower transaction pace and potential buyer hesitance.

3. Median listing price of $1,250,000 suggests pricing friction as sellers adjust to market realities.

4. Median market rent has risen to $4,520, highlighting strong demand for rental properties amid limited supply.

5. The property tax rate is 19.843%, which may impact buyer affordability and investment decisions.

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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.