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NEW YORK, NY 10016

Real Estate Market Report  ·  New York County
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 10016

Bellevue · East Side (Midtown East) · Gramercy Park · Gramercy-Flatiron (Gramercy/Flatiron) · Kips Bay · Midtown · Murray Hill (Curry Hill) · Tudor City

Market Analysis

Data as of February 2026. Source: Realtor.com.

The NEW YORK, NY real estate market (10016) currently shows 436 active listings, with 102 pending sales. Homes are averaging 100 days on the market before going under contract.

Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice.

Homes are selling faster, averaging 100 days on market compared to 102 days last year.

The median listing price has fallen 10.4% year-over-year, from $1,197,250 to $1,072,500.

Whether you are buying or selling in NEW YORK, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 54,369  ·  Density: 38,182.2/mi²  ·  Median household income: $145,864

Typical home value: $954,699  ·  Homeownership: 27.3%

Market Overview

Active Listings
436
⇧ 10.4% vs 395 last year
Pending
102
23% pending ratio
Median Price
$1,072,500
⇩ 10.4% vs $1,197,250 last year
Average Price
$1,950,876
⇩ 4.2% vs $2,036,057 last year
Days on Market
100
⇩ 2% vs 102 days last year

Price Per Square Foot

Median $/sqft
$1,396
⇩ 2.7% vs $1,435/sqft last year
Median Home Size
969 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 436 this year vs 395 last year
  • Days on market: 100 now vs 102 last year

Median & Average Pricing

Year over Year
  • Median: $1,072,500 (-10.4% YoY)
  • Average: $1,950,876 (-4.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 2.3 miles — 3,320 listings ($11,824,658,460 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
10016New York, NY 100160.0 mi433$858,245,403$999,000$1,982,091
10010New York, NY 100100.5 mi228$523,214,400$1,395,000$2,294,800
10112New York, NY 101121.0 mi1$12,500,000$12,500,000$12,500,000
10022New York, NY 100221.1 mi577$2,072,066,431$1,495,000$3,591,103
10003New York, NY 100031.1 mi289$860,090,877$1,550,000$2,976,093
10011New York, NY 100111.2 mi401$1,818,893,895$2,292,500$4,535,895
10009New York, NY 100091.3 mi57$85,877,454$1,175,000$1,506,622
10065New York, NY 100651.6 mi320$1,485,897,600$1,950,000$4,643,430
10012New York, NY 100121.7 mi126$633,114,342$3,500,000$5,024,717
11222Brooklyn, NY 112222.0 mi76$197,492,460$1,987,500$2,598,585
10023New York, NY 100232.0 mi401$1,932,403,762$1,795,000$4,818,962
10002New York, NY 100022.1 mi131$289,645,716$1,550,000$2,211,036
10075New York, NY 100752.3 mi280$1,055,216,120$1,364,500$3,768,629

Frequently Asked Questions

How many homes are for sale in NEW YORK, NY 10016?

As of February 2026, there are 436 active listings in NEW YORK, NY (zip code 10016), compared to 395 the prior year.

What is the median home price in NEW YORK, NY 10016?

The median listing price in NEW YORK, NY 10016 is $1,072,500 as of February 2026, a 10.4% decrease from $1,197,250 the prior year.

How long do homes stay on the market in NEW YORK, NY?

Homes in NEW YORK, NY 10016 spend an average of 100 days on the market before going under contract, compared to 102 days the prior year.

Is it a seller's or buyer's market in NEW YORK, NY 10016?

Based on current inventory and days-on-market data as of February 2026, NEW YORK, NY 10016 is currently a Balanced Market. Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice. Homes are selling faster, averaging 100 days on market compared to 102 days last year.

How much can I save on real estate commission in NEW YORK, NY?

With SELL123.com's maximum 3% commission, sellers in NEW YORK, NY 10016 save an estimated $21,450 compared to a typical 5% commission on the median listing price of $1,072,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.