ZIP 10031 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 10031 in the New York housing market is $533,838, with a typical rent of $3,200 per month. That puts the local home-value-to-annual-rent ratio at 13.9.
Key stats
- ZIP 10031 is around the 12th percentile of tracked local ZIPs for home value.
- ZIP 10031 is around the 5th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 13.9.
- 75 homes went pending for every 100 new listings in the current reading.
- Supply and buyer competition did not produce a clear easing or tightening split.
- Typical home value
- $533,838
- Typical rent
- $3,200
- Homes for sale
- 71
- Buyer competition
- 14
- New listings
- 8
- Homes going pending
- 6
- Listings with price cuts
- 15.0%
Price and rent in ZIP 10031
ZIP 10031 is around the 12th percentile of tracked local ZIPs for home value. ZIP 10031 is around the 54th percentile of tracked local ZIPs for rent.
ZIP 10031 home value & rent trend (past 12 months)
Typical home value fell 0.7% over the past 12 months, from $537,657 to $533,838. It rose in 5 of 11 monthly readings. The largest monthly gain was +0.4% in May 2026.
Typical rent rose 4.8% over the past 12 months, from $3,053 to $3,200. It rose in 8 of 11 monthly readings. The largest monthly gain was +2.8% in April 2026.
How ZIP 10031 compares to New York
ZIP 10031's typical home value is 30.5% below the New York median of $767,944. ZIP 10031's typical rent is 2.0% above the New York median of $3,136. ZIP 10031's buyer competition is 70.2% below the New York median of 47.
Supply, pending activity, and competition
ZIP 10031 is around the 49th percentile of tracked local ZIPs for for-sale inventory. ZIP 10031 is around the 5th percentile of tracked local ZIPs for buyer competition. 75 homes went pending for every 100 new listings in the current reading. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 62 and 74 — a 12-point spread across 172 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 10039, 10030, 10032, 10027.
Continue your market research
- Is the New York Real Estate Market Cooling or Slowing Down?Read the related local market analysis.
- Is New York a Buyer's Market?Read the related local market analysis.
- All New York ZIP comparisonsCompare this market with another tracked ZIP or peer group.
- ZIP 10039 housing marketReview a nearby local market with the same core measures.
- ZIP 10030 housing marketReview a nearby local market with the same core measures.
- ZIP 10032 housing marketReview a nearby local market with the same core measures.
- New York housing market overviewReturn to the broader parent market.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.