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New York ZIP Comparison: 10002 vs 10016

Begin with the individual housing-market profiles for ZIP 10002 and ZIP 10016, then use the shared measures below to compare them consistently.

MeasureZIP 10002ZIP 10016
Typical home value$1,000,055$946,198
Typical rent$4,904$5,229
Homes for sale203464
Buyer competition2117
New listings4279
Homes going pending2054
Listings with price cuts11.6%13.6%

ZIP 10002 has 5.7% higher typical home value than ZIP 10016. ZIP 10016 has 6.2% higher typical rent than ZIP 10002.

Key stats

  • ZIP 10002 has 5.7% higher typical home value than ZIP 10016.
  • ZIP 10016 has 6.2% higher typical rent than ZIP 10002.
  • ZIP 10016 has 56.3% higher for-sale inventory than ZIP 10002.
  • ZIP 10002 has 23.5% higher buyer competition than ZIP 10016.
  • The home-value-to-annual-rent ratio ranges from 15.1 in ZIP 10016 to 17.0 in ZIP 10002.
typical home value delta
ZIP 10002 has 5.7% higher typical home value than ZIP 10016.
typical rent delta
ZIP 10016 has 6.2% higher typical rent than ZIP 10002.
homes for sale delta
ZIP 10016 has 56.3% higher for-sale inventory than ZIP 10002.
buyer competition delta
ZIP 10002 has 23.5% higher buyer competition than ZIP 10016.

The largest measurable differences

ZIP 10002 has 5.7% higher typical home value than ZIP 10016. ZIP 10016 has 6.2% higher typical rent than ZIP 10002. ZIP 10016 has 56.3% higher for-sale inventory than ZIP 10002.

Price and rent differences

ZIP 10002 has 5.7% higher typical home value than ZIP 10016. ZIP 10016 has 6.2% higher typical rent than ZIP 10002.

The home-value-to-annual-rent ratio ranges from 15.1 in ZIP 10016 to 17.0 in ZIP 10002.

Supply and buyer pressure

ZIP 10016 has 56.3% higher for-sale inventory than ZIP 10002. ZIP 10002 has 23.5% higher buyer competition than ZIP 10016.

Pending homes per 100 new listings range from 48 in ZIP 10002 to 68 in ZIP 10016.

Continue your market research

Sources and method

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