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New York, NY 10013 Real Estate Market Report

ZIP Code: 10013
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

The real estate market in New York, NY (10013) is characterized by a median sold price of $3,209,500, reflecting a resilient market despite moderate interest rate pressure. The neighborhood has experienced an upward trend in pricing, with the median listing price at $3,650,000, indicating a significant gap between seller expectations and actual transaction values. This disparity may suggest that sellers are optimistic, yet buyers are cautious, leading to slower transaction activity.

With median days on market at 363, properties are taking longer to sell, which points to a neutral market temperature. The elevated inventory levels relative to sales activity indicate excess supply, potentially leading to pricing friction as buyers navigate their options. Overall, while the market shows strength in pricing, the dynamics suggest a careful approach for both buyers and sellers as they assess the current landscape.


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.

Analysis Window
90 Days
Total Properties Analyzed
156
Active Listings
100
Sold Properties
56

Market Metrics

Median Listing Price
$3,650,000
Median Sold Price
$3,209,500
Median Price per Sqft
$1,389/sqft

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

Median Market Rent
$4,020

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

Property Tax Rate
1.98%

Liquidity & Velocity

Median Days on Market
363
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. The median sold price of $3,209,500 indicates strong market performance despite elevated inventory levels.

  2. With a median listing price of $3,650,000, there is a notable gap suggesting pricing friction between seller expectations and buyer willingness.

  3. Properties are remaining on the market for an average of 363 days, reflecting slower sales velocity and a need for strategic pricing.

  4. The median market rent is $4,020, which may indicate strong rental demand supporting overall market stability.

  5. The market temperature is currently neutral, suggesting balanced conditions despite the elevated inventory relative to sales.


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

450 Washington St # Coop, New York, NY 10013
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

- beds
- baths
244,779 sqft
$39,273,608
Mar 1, 2026
$160/sqft/sqft
119-123 Varick St, New York, NY 10013
Quick Flip

Sold below market average

- beds
- baths
120,592 sqft
$11,907,707
Feb 1, 2026
$99/sqft/sqft
16 Desbrosses St # 5-6s, New York, NY 10013
Premium

Sold above market average

3 beds
4 baths
3,324 sqft
$9,704,000
Jan 1, 2026
$2,919/sqft/sqft
50 Lispenard St Apt 4, New York, NY 10013
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
- baths
1,816 sqft
$3,350,000
Jan 1, 2026
$1,845/sqft/sqft
353 days on market
161 Grand St Apt 3a, New York, NY 10013
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
3 baths
1,771 sqft
$3,275,000
Mar 1, 2026
$1,849/sqft/sqft
78 days on market
475 Greenwich St Apt 5b, New York, NY 10013
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
3 baths
1,909 sqft
$3,250,000
Feb 1, 2026
$1,702/sqft/sqft
204 days on market
28 Laight St Apt 3b, New York, NY 10013
Quick Flip

Sold below market average

2 beds
3 baths
2,686 sqft
$16,000
Mar 1, 2026
$6/sqft/sqft
928 days on market
311 W Broadway Apt 5g, New York, NY 10013
Quick Flip

Sold below market average

2 beds
2 baths
1,221 sqft
$12,500
Feb 1, 2026
$10/sqft/sqft
817 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/1/2026

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