New York, NY 10027 Real Estate Market Report
ZIP Code: 10027
Report Date: May 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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The primary market indicator, median sold price $2,500,000, identifies recent transaction-level value and suggests premium pricing in the neighborhood; this figure reflects realized sales rather than asking-price expectations.
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The neighborhood shows extended selling timelines with a median days on market of 385, which points to slower sales velocity and potential pricing friction between sellers and buyers.
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Price momentum is positive with price year-over-year trend up, while rent year-over-year trend up and a median market rent of 4,195 indicate strengthening rental demand; rental growth is a constructive signal for investors but does not substitute for transaction liquidity.
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Inventory context in the analyzed sample suggests elevated inventory relative to sales activity, and with market temperature reported as neutral and interest rate pressure moderate, expect a balanced market where sellers may still achieve premium prices but transactions could take longer; monitor interest-rate movement for near-term impact on buyer urgency.
Notable Properties
The following 7 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 above 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.
Sold below market average
Sold below market average
New York, NY 10027 Real Estate Market Report
ZIP Code: 10027
Report Date: May 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
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The neighborhood's primary market signal is the median sold price of 1,315,000, which represents recent completed transactions and anchors local market value; given the market temperature is neutral, this sold-price anchor suggests pricing is stable rather than rapidly accelerating or collapsing.
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The median listing price of 1,695,000 sits well above the median sold price, which may indicate pricing friction and elevated seller expectations; with a median days on market of 422, this combination appears associated with slower sales velocity rather than brisk turnover.
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The median price per square foot of 1,255 combined with a price year-over-year trend of up suggests unit-level values are supporting modest appreciation, and the rent year-over-year trend of up plus a median market rent of 4,595 reinforces strengthening rental demand in the area.
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Moderate interest rate pressure (reported as moderate) together with a neutral market temperature and relatively constrained active supply in the analyzed sample suggests a market that is balanced to slightly supply-constrained; this environment may favor sellers on competitively priced listings while still producing measured transaction volume and continued pricing discipline.
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 above market average
Sold above market average
Sold below market average
Sold below market average
Sold below market average
Sold below 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, 0.5% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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