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Market Snapshot

Median listing price
$2.90M

The median listing price in New York, NY ZIP 10027 is $2,900,000 as of June 2026.

Median rent
$4,495/mo

The median market rent in New York, NY ZIP 10027 is $4,495/month as of June 2026.

Days on market
416 days

The median days on market in New York, NY ZIP 10027 is 416 days as of June 2026. The market is currently neutral.

Gross rental yield
1.86%

At a median list price of $2,900,000 and a median rent of $4,495/month, the gross rental yield in New York, NY ZIP 10027 is 1.86% as of June 2026.

STR vs LTR
$2,676/mo STR · $4,495/mo LTR

In New York, NY ZIP 10027, median Airbnb revenue is $2,676/month compared to median long-term rent of $4,495/month as of June 2026.

New York, NY 10027 Real Estate Market Report

ZIP Code: 10027

Report Date: June 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.

Analysis Window
180 Days
Total Properties Analyzed
39
Active Listings
34
Sold Properties
5

Market Metrics

Median Listing Price
$2,900,000
Median Sold Price
$0
Median Price per Sqft
$660/sqft

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
$4,495

Property Taxes

Property Tax Rate
0.51%

Liquidity & Velocity

Median Days on Market
416
Sale-to-List Ratio
100.0%

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. median sold price is unavailable in the dataset, which means there is no representative recent sale price to anchor valuation—this absence limits precise transaction-based pricing guidance and suggests reliance on secondary metrics and observed trends for market value assessment.
  2. median days on market is 416, indicating slow sales velocity that may reflect pricing friction or a lengthy negotiation cycle rather than pure demand collapse.
  3. median price per square foot is 660 and, combined with rising year-over-year pricing (up) and strong rent growth (up), suggests price appreciation pressure even as actual sale-price anchoring is unavailable.
  4. Sampled inventory dynamics indicate relatively constrained active supply in the analyzed sample while overall market temperature is neutral (neutral) and interest rate pressure is moderate (moderate); this mix suggests cautious seller pricing and steady rental demand (median market rent 4,495) that may support investor interest but requires careful underwriting given slow sales velocity.

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

117 W 120th St, New York, NY 10027
Top Sale

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

6 beds4 baths5,120 sqft
$3,135,000
May 1, 2026
$612/sqft/sqft
585 days on market
122 W 132nd St, New York, NY 10027
Premium

Sold above market average

4 beds6 baths3,335 sqft
$2,950,000
Jan 1, 2026
$885/sqft/sqft
623 days on market
122 W 132nd St, New York, NY 10027
Premium

Sold above market average

4 beds6 baths3,335 sqft
$2,950,000
Jan 1, 2026
$885/sqft/sqft
623 days on market
115 W 122nd St, New York, NY 10027
Value

Sold below market average

5 beds4 baths4,788 sqft
$2,500,000
Dec 1, 2025
$522/sqft/sqft
416 days on market
133 W 123rd St, New York, NY 10027
Premium

Sold above market average

3 beds4 baths2,960 sqft
$2,450,000
Apr 1, 2026
$828/sqft/sqft
485 days on market
353 W 122nd St, New York, NY 10027
Value

Sold below market average

6 beds4 baths3,600 sqft
$2,100,000
Apr 1, 2026
$583/sqft/sqft
412 days on market
353 W 122nd St, New York, NY 10027
Value

Sold below market average

6 beds4 baths3,600 sqft
$2,100,000
Apr 1, 2026
$583/sqft/sqft
412 days on market

Data Sources

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

Report generated: 6/1/2026

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