HomeMarketCap.com

ZIP 10023 New York, NY Housing Market

City
New York
County
New York County
State
NY
Metro area
New York-Newark-Jersey City, NY-NJ-PA

Price, Rent & Competition

$1,426,880

$4,939

22 index

277

Supply & Market Activity

40

47

10.29%

119 days

Area profile & market context

Population

69,455

Population density

27,667 / sq mi

Latest market movement

Home value (MoM)

+0.37%

Inventory (MoM)

-9.48%

Buyer competition (MoM)

+10.00%

New listings (MoM)

-29.82%

Homes Pending (MoM)

-7.84%

Price cuts share (MoM)

-9.94%

Typical rent (YoY)

+4.98%

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: 47 · MoM: -7.84% · YoY: 27.03%

  • Sale speed (days to pending)

    Value: 119 · MoM: 32.22% · YoY: 6.25%

Other local market activity

  • New listings

    Value: 40 · MoM: -29.82% · YoY: -6.98%

  • Homes for sale

    Value: 277 · MoM: -9.48% · YoY: -17.31%

  • Buyer competition

    Value: 22 · MoM: 10.00% · YoY: -8.33%

  • Price cuts share

    Value: 10.29% · MoM: -9.94% · YoY: -13.43%

  • Home sales activity (metro)

    Value: 14,806 · MoM: -7.34% · YoY: 3.17%

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 $1,426,880, with a typical rent of $4,939 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 16th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 24.1.
  • 118 homes went pending for every 100 new listings in the current reading.
  • Supply contracted while buyer competition strengthened.
Typical home value
$1,426,880
Typical rent
$4,939
Homes for sale
277
Buyer competition
22
New listings
40
Homes going pending
47
Listings with price cuts
10.3%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 2.6% over 12 months
Typical home value up 2.6% over the last 12 months in ZIP 10023.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 4.3% over 12 months
Typical rent up 4.3% over the last 12 months in ZIP 10023.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 16.6% over 12 months
Homes for sale down 16.6% over the last 12 months in ZIP 10023.
New listings — past 12 months
Sep 25 – Aug 26
Down 33.3% over 12 months
New listings down 33.3% over the last 12 months in ZIP 10023.
Homes going pending — past 12 months
Sep 25 – Aug 26
Up 34.3% over 12 months
Homes going pending up 34.3% over the last 12 months in ZIP 10023.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Down 8.3% over 12 months
Buyer competition index down 8.3% over the last 12 months in ZIP 10023.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 16.2% over 12 months
Listings with price cuts down 16.2% 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 86th percentile of tracked local ZIPs for rent.

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

Typical home value rose 2.6% over the past 12 months, from $1,390,222 to $1,426,880. It rose in 8 of 11 monthly readings. The largest monthly gain was +0.8% in February 2026.

Typical rent rose 4.3% over the past 12 months, from $4,735 to $4,939. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.6% in April 2026.

How ZIP 10023 compares to New York

ZIP 10023's typical home value is 85.8% above the New York median of $767,944. ZIP 10023's typical rent is 57.5% above the New York median of $3,136. ZIP 10023's buyer competition is 53.2% below the New York median of 47.

How fast homes sell in ZIP 10023

Homes in ZIP 10023 typically go pending in about 119 days — about 16% slower than the metro median of 103 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 16th percentile of tracked local ZIPs for buyer competition. 118 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 277 and 364 — a 87-point spread across 172 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 10069, 10019, 10024, 10065.

Continue your market research

Sources and method

Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.

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Typical home value within reach of ZIP 10023, in the other tracked markets.