New York, NY 10024 Real Estate Market Report

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

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

Property Taxes

Liquidity & Velocity

Market Trends & Context

Key Findings

1. median sold price is not available in the provided dataset, so transaction-based valuation is limited; the analyzed sale sample is too small to produce a reliable neighborhood median sold price, which constrains direct comparisons to asking prices. limited-sale sample
2. median listing price $9,472,500 remains elevated while broader price momentum shows up year-over-year, suggesting sellers maintain strong price expectations even as actual transaction evidence is limited.
3. median days on market 413 points to slower sales velocity and notable pricing friction; coupled with elevated inventory relative to sales activity, this appears to indicate extended marketing times rather than immediate turnover. slow
4. median market rent 4,732 is supported by a rent year-over-year trend that is up, but elevated interest rate pressure (noted as elevated) may constrain buyer affordability and lengthen time-to-sale for SFR and condominium listings.

Notable Properties

The following 1 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.