New York, NY 10018 Real Estate Market Report

ZIP Code: 10018
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 median sold price in New York, NY (ZIP: 10018) is currently $5,461,875, reflecting a significant indicator of market value and transaction activity. Although the area has experienced a year-over-year decrease in home values, the broader New York City market forecasts suggest controlled growth moving forward. This indicates a potential stabilization as the market adjusts to changing economic conditions.

Transaction activity appears moderate, with elevated inventory levels suggesting a shift towards a more balanced market. The median days on market stands at 481 days, indicating slower sales velocity and potential pricing friction. As rental demand remains exceptionally strong, pushing the median market rent to $4,980, some renters may be incentivized to transition to homeownership, further influencing market dynamics.

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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

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.

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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.

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Key Findings

1. The median sold price of $5,461,875 indicates strong transaction values despite a year-over-year decrease in home values.

2. With 481 days on market, properties are experiencing slower sales velocity, which may suggest pricing friction in the current environment.

3. The median market rent has risen to $4,980, highlighting strong rental demand that could drive some renters towards purchasing homes.

4. Inventory levels are elevated relative to sales activity, indicating excess supply in the market.

5. The market temperature is currently neutral, suggesting a balanced state between buyers and sellers.

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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.