Staten Island, NY 10308 Real Estate Market Report

ZIP Code: 10308
Report Date: May 2026
Market Temperature: HOT
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.

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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

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Staten Island, NY are 6.3% compared to the 5.9% average seen in early 2026, representing a 0.4% increase in borrowing costs for property owners in this market.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. median sold price: 743,000 anchors current market value in ZIP 10308 and, given the hot market temperature, suggests recent transaction prices remain elevated relative to broader Staten Island trends.

2. median days on market: 471 is materially long and may indicate slower sales velocity and pricing friction despite elevated market heat; sellers should expect extended time-to-contract and plan pricing or staging accordingly.

3. median price per square foot: 534 reinforces a premium local price level for SFR and condo stock in this area; appraisers and listing agents should reference this as a representative recent sale metric when setting comps.

4. median market rent: 2,700 is trending up alongside rent growth, but with elevated interest rate pressure noted in the market, purchasers financing acquisitions may face tighter affordability, which could temper buyer activity even as rents rise.

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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.

Staten Island, NY 10308 Real Estate Market Report

ZIP Code: 10308
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Staten Island, NY are 6.3% compared to the 5.9% average seen in early 2026, representing a 0.4% increase in borrowing costs for property owners in this market.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. $493,500 is the primary indicator of market value based on recent transactions; this median sold price suggests realized buyer willingness to pay in the neighborhood and should be used as the reference point for pricing and valuation discussions.

2. The price year-over-year trend is up, supporting a strengthening price environment even as the market shows signs of higher borrowing costs.

3. Despite a hot market temperature (hot), the neighborhood exhibits slower sales velocity as indicated by a median days on market of 826, which may indicate pricing friction or longer negotiation/closing timelines rather than a supply-driven price collapse.

4. Interest rate pressure is elevated with current 30-year fixed mortgage rates reported at 6.3% versus a 5.9% early-2026 average; combine this with a median price per square foot of 420 and a median market rent of 2,700 to prioritize buyers with rate resilience and sellers targeting buyers able to absorb higher financing costs.

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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.