ZIP 10016 covers residential neighborhoods in New York, located within New York County, NY, part of the broader New York housing market. The typical home value in ZIP 10016 in the New York housing market is $946,198, with a typical rent of $5,229 per month. That puts the local home-value-to-annual-rent ratio at 15.1.
Key stats
- ZIP 10016 is around the 66th percentile of tracked local ZIPs for home value.
- ZIP 10016 is around the 12th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 15.1.
- 68 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $946,198
- Typical rent
- $5,229
- Homes for sale
- 464
- Buyer competition
- 17
- New listings
- 79
- Homes going pending
- 54
- Listings with price cuts
- 13.6%
Price and rent in ZIP 10016
ZIP 10016 is around the 66th percentile of tracked local ZIPs for home value. ZIP 10016 is around the 92nd percentile of tracked local ZIPs for rent.
ZIP 10016 home value & rent trend (past 12 months)
Typical home value rose 1.0% over the past 12 months, from $937,104 to $946,198. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.4% in March 2026.
Typical rent rose 5.0% over the past 12 months, from $4,978 to $5,229. It rose in 7 of 11 monthly readings. The largest monthly gain was +2.0% in June 2026.
How ZIP 10016 compares to the metro
ZIP 10016's typical home value is 21.2% above the metro median of $780,921. ZIP 10016's typical rent is 68.7% above the metro median of $3,100. ZIP 10016's buyer competition is 58.5% below the metro median of 41.
How fast homes sell in ZIP 10016
Homes in ZIP 10016 typically go pending in about 116 days — about 17% slower than the metro median of 99 days.
Supply, pending activity, and competition
ZIP 10016 is around the 99th percentile of tracked local ZIPs for for-sale inventory. ZIP 10016 is around the 12th percentile of tracked local ZIPs for buyer competition. 68 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. Over the 12 readings on record, inventory moved between 384 and 474 — a 90-point spread across 173 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 10168, 10165, 10170, 10174.
Continue your market research
- Is New York Housing Market Cooling?Read the related local market analysis.
- Is New York a Buyer's Market?Read the related local market analysis.
- Compare 10016 vs 10001Compare this market with another tracked ZIP or peer group.
- Compare 10016 vs 10002Compare this market with another tracked ZIP or peer group.
- Compare 10016 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 10168 housing marketReview a nearby local market with the same core measures.
- ZIP 10165 housing marketReview a nearby local market with the same core measures.
- ZIP 10170 housing marketReview a nearby local market with the same core measures.
- New York Metro housing market overviewReturn to the broader parent market.
10016 Housing Market Overview FAQ
What is the typical home value in ZIP 10016?
The typical home value in ZIP 10016 is $946,198 in the latest monthly reading.
What is the typical rent in ZIP 10016?
Typical rent in ZIP 10016 is $5,229 per month.
What is the home-value-to-rent ratio in ZIP 10016?
ZIP 10016 has a home-value-to-annual-rent ratio of 15.1.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules