New York, NY 10012 Real Estate Market Report
ZIP Code: 10012
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
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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$3,650,000 median sold price serves as the primary indicator of recent market value in 10012, with recent transactions showing a premium relative to asking levels; the median listing price of $2,950,000 suggests a notable listing-to-sale gap that may reflect strong demand for higher-end, well‑positioned SFR and condo offerings up.
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$3,650,000 median sold price paired with a median days on market of 380 indicates slower sales velocity—transactions are occurring but over an extended timeline, which may create pricing friction for sellers who need rapid execution.
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$3,650,000 median sold price alongside a median price per square foot of $2,269 indicates sustained luxury-segment pricing; this price level, together with the market temperature described as neutral, suggests a balanced market where well‑priced, move-in-ready listings can still achieve favorable outcomes.
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$3,650,000 median sold price should be evaluated in the context of rising rental pressure and financing headwinds—median market rent is $5,360 and rent year-over-year trend is up, while interest rate pressure is elevated—this combination may sustain investor interest but could compress buyer affordability for owner-occupiers.
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 at market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold at market average
Sold below market average
New York, NY 10012 Real Estate Market Report
ZIP Code: 10012
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
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
-
The primary market indicator is the median sold price: $3,650,000, which represents the most reliable measure of realized value in recent transactions and should be treated as the neighborhood's representative recent sale benchmark.
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There is a pronounced gap between the median listing price: $2,500,000 and the median sold price, which suggests seller asking expectations differ materially from recent closed transactions and may indicate pricing friction that buyers can exploit when negotiating.
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Liquidity appears muted with a median days on market: 384, which points to slower sales velocity and extended marketing periods; this longer-than-typical exposure may require sellers to emphasize presentation, pricing clarity, or concessions to accelerate closings.
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Market direction signals show price year-over-year trend: up and rent year-over-year trend: up, while market temperature: neutral and interest rate pressure: elevated — together these indicate strengthening price and rent momentum but with caution due to higher financing costs; investors and owner-occupiers should underwrite transactions with sensitivity to interest rate stress and expect stable to moderate market balance.
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 at market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
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, 0.9% 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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