HomeMarketCap.com

ZIP 10023 New York, NY Housing Market

10023New York area

Price, Rent & Competition

$1,457,669

$5,049

21 index

306

Supply & Market Activity

57

51

11.42%

90 days

Area profile & market context

Population

69,455

Population density

27,667 / sq mi

Latest market movement

Home value (MoM)

+0.01%

Inventory (MoM)

-4.38%

Buyer competition (MoM)

+16.67%

New listings (MoM)

-24.00%

Homes Pending (MoM)

-8.93%

Price cuts share (MoM)

-16.99%

Typical rent (YoY)

+6.45%

How quickly homes are selling

Selling slower

Homes appear to be going under contract more slowly in this ZIP.

This summary combines homes going pending and sale speed (days to pending). Supporting ZIP and metro context is shown separately.

Sale-speed figures and broader market activity are shown separately. Missing sale-speed values are not estimated.

Sale-speed measures for this ZIP

  • Homes going pending

    Value: 51 · MoM: -8.93% · YoY: 13.33%

  • Sale speed (days to pending)

    Value: 90 · MoM: 13.92% · YoY: -9.09%

Other local market activity

  • New listings

    Value: 57 · MoM: -24.00% · YoY: -9.52%

  • Homes for sale

    Value: 306 · MoM: -4.38% · YoY: -15.00%

  • Buyer competition

    Value: 21 · MoM: 16.67% · YoY: 10.53%

  • Price cuts share

    Value: 11.42% · MoM: -16.99% · YoY: -22.06%

  • Home sales activity (metro)

    Value: 15,525 · MoM: 4.73% · YoY: 4.55%

ZIP 10023 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 10023 in the New York housing market is $1,457,669, with a typical rent of $5,049 per month. That puts the local home-value-to-annual-rent ratio at 24.1.

Key stats

  • ZIP 10023 is around the 90th percentile of tracked local ZIPs for home value.
  • ZIP 10023 is around the 17th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 24.1.
  • 89 homes went pending for every 100 new listings in the current reading.
  • Supply contracted while buyer competition strengthened.
Typical home value
$1,457,669
Typical rent
$5,049
Homes for sale
306
Buyer competition
21
New listings
57
Homes going pending
51
Listings with price cuts
11.4%
Typical home value — past 12 months
Aug 25Jul 26
Up 2.0% over 12 months
Typical home value up 2.0% over the last 12 months in ZIP 10023.
Typical rent — past 12 months
Aug 25Jul 26
Up 5.1% over 12 months
Typical rent up 5.1% over the last 12 months in ZIP 10023.
Homes for sale — past 12 months
Aug 25Jul 26
Down 8.7% over 12 months
Homes for sale down 8.7% over the last 12 months in ZIP 10023.
New listings — past 12 months
Aug 25Jul 26
Up 32.6% over 12 months
New listings up 32.6% over the last 12 months in ZIP 10023.
Homes going pending — past 12 months
Aug 25Jul 26
Up 37.8% over 12 months
Homes going pending up 37.8% over the last 12 months in ZIP 10023.
Buyer competition index — past 12 months
Aug 25Jul 26
Down 12.5% over 12 months
Buyer competition index down 12.5% over the last 12 months in ZIP 10023.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 3.9% over 12 months
Listings with price cuts down 3.9% over the last 12 months in ZIP 10023.

Price and rent in ZIP 10023

ZIP 10023 is around the 90th percentile of tracked local ZIPs for home value. ZIP 10023 is around the 88th percentile of tracked local ZIPs for rent.

ZIP 10023 home value & rent trend (past 12 months)

Typical home value rose 2.0% over the past 12 months, from $1,429,225 to $1,457,669. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.8% in February 2026.

Typical rent rose 5.1% over the past 12 months, from $4,805 to $5,049. It rose in 8 of 11 monthly readings. The largest monthly gain was +1.6% in April 2026.

How ZIP 10023 compares to the metro

ZIP 10023's typical home value is 86.7% above the metro median of $780,921. ZIP 10023's typical rent is 62.9% above the metro median of $3,100. ZIP 10023's buyer competition is 48.8% below the metro median of 41.

How fast homes sell in ZIP 10023

Homes in ZIP 10023 typically go pending in about 90 days — about 9% faster than the metro median of 99 days.

Supply, pending activity, and competition

ZIP 10023 is around the 95th percentile of tracked local ZIPs for for-sale inventory. ZIP 10023 is around the 17th percentile of tracked local ZIPs for buyer competition. 89 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 278 and 364 — a 86-point spread across 173 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 10069, 10019, 10153, 10024.

Continue your market research

10023 Housing Market Overview FAQ

What is the typical home value in ZIP 10023?

The typical home value in ZIP 10023 is $1,457,669 in the latest monthly reading.

What is the typical rent in ZIP 10023?

Typical rent in ZIP 10023 is $5,049 per month.

What is the home-value-to-rent ratio in ZIP 10023?

ZIP 10023 has a home-value-to-annual-rent ratio of 24.1.

Sources and method

Explore ZIP Pages in New York Metro