ZIP 10016 Housing Market Report
New York Metro
Report period: August 2026
10016 Monthly Market Update – August 2026
ZIP 10016 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$1,075,000
+2.4%
Median DOM (Sales)
86
+7.5%
New Listings (Sales)
14
−79.7%
Median Rent
$5,500
0.0%
Median DOM (Rental)
23
+4.5%
Total Rental Listings
1,687
−3.4%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (81 DOM)
- Fastest renting: Condo (21 DOM)
- Strongest bedroom: 5 Beds ($6,400,000 median)
Sales Market Overview
Median Price
$1,075,000
+2.4%
Median DOM
86
+7.5%
New Listings
14
−79.7%
Inventory
792
−4.9%
- Average Price: $1,523,702
- Median Price: $1,075,000
- Price Range: $150,000 – $9,995,000
- Price per Sq Ft (Avg/Median): $1,470 / $1,363
- Square Footage (Avg/Median): 1,218 / 900
- Square Footage Range: 312 – 20,000
- Days on Market (Avg/Median): 96 / 86
- Days on Market Range: 1 – 363
- New Listings: 14
- Total Listings: 792
Sales by Property Type
Apartment
Avg/Median Price$4,500,000 / $4,500,000Range$4,500,000 – $4,500,000Price per Sq Ft—Sq Ft—DOM320 / 320New0Total1
Condo
Avg/Median Price$1,465,827 / $1,095,000Range$150,000 – $9,995,000Price per Sq Ft$1,496 / $1,381Sq Ft1,131 / 883DOM93 / 81New12Total723
Multi-Family
Avg/Median Price$1,469,476 / $765,000Range$350,000 – $5,995,000Price per Sq Ft$887 / $838Sq Ft2,000 / 1,000DOM126 / 119New1Total46
Single Family
Avg/Median Price$2,555,000 / $1,299,000Range$685,000 – $7,499,000Price per Sq Ft$1,266 / $1,105Sq Ft2,452 / 1,350DOM101 / 111New0Total17
Townhouse
Avg/Median Price$6,289,600 / $4,798,000Range$3,750,000 – $9,500,000Price per Sq Ft$1,272 / $1,200Sq Ft5,507 / 4,000DOM150 / 124New1Total5
Sales by Bedroom Count
Studio
Avg:$717,540Median:$480,000Range:$150,000 – $4,999,950PSF:$1,115 / $1,062Sq Ft:1,080 / 524DOM:109 / 101New:1Total:121
1 Beds
Avg:$970,263Median:$850,000Range:$225,000 – $2,725,000PSF:$1,418 / $1,343Sq Ft:781 / 770DOM:95 / 83New:4Total:378
2 Beds
Avg:$2,004,931Median:$1,650,000Range:$365,000 – $6,900,000PSF:$1,635 / $1,479Sq Ft:1,298 / 1,248DOM:86 / 78New:6Total:197
3 Beds
Avg:$3,450,096Median:$2,695,000Range:$1,095,000 – $9,995,000PSF:$1,761 / $1,683Sq Ft:2,045 / 1,800DOM:98 / 78New:3Total:68
4 Beds
Avg:$3,620,938Median:$2,495,000Range:$1,750,000 – $9,500,000PSF:$1,220 / $1,047Sq Ft:3,056 / 2,412DOM:107 / 103New:0Total:16
5 Beds
Avg:$6,028,143Median:$6,400,000Range:$3,750,000 – $7,499,000PSF:$1,430 / $1,363Sq Ft:4,413 / 4,500DOM:136 / 113New:0Total:7
6 Beds
Avg:$4,371,250Median:$4,495,000Range:$3,495,000 – $4,995,000PSF:$857 / $784Sq Ft:5,162 / 5,340DOM:161 / 109New:0Total:4
8 Beds
Avg:$5,995,000Median:$5,995,000Range:$5,995,000 – $5,995,000PSF:$1,159 / $1,159Sq Ft:5,174 / 5,174DOM:119 / 119New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $717,540 | $480,000 | $150,000 – $4,999,950 | $1,115 / $1,062 | 1,080 / 524 | 109 / 101 | 1 | 121 |
| 1 Beds | $970,263 | $850,000 | $225,000 – $2,725,000 | $1,418 / $1,343 | 781 / 770 | 95 / 83 | 4 | 378 |
| 2 Beds | $2,004,931 | $1,650,000 | $365,000 – $6,900,000 | $1,635 / $1,479 | 1,298 / 1,248 | 86 / 78 | 6 | 197 |
| 3 Beds | $3,450,096 | $2,695,000 | $1,095,000 – $9,995,000 | $1,761 / $1,683 | 2,045 / 1,800 | 98 / 78 | 3 | 68 |
| 4 Beds | $3,620,938 | $2,495,000 | $1,750,000 – $9,500,000 | $1,220 / $1,047 | 3,056 / 2,412 | 107 / 103 | 0 | 16 |
| 5 Beds | $6,028,143 | $6,400,000 | $3,750,000 – $7,499,000 | $1,430 / $1,363 | 4,413 / 4,500 | 136 / 113 | 0 | 7 |
| 6 Beds | $4,371,250 | $4,495,000 | $3,495,000 – $4,995,000 | $857 / $784 | 5,162 / 5,340 | 161 / 109 | 0 | 4 |
| 8 Beds | $5,995,000 | $5,995,000 | $5,995,000 – $5,995,000 | $1,159 / $1,159 | 5,174 / 5,174 | 119 / 119 | 0 | 1 |
Rental Market Overview
Median Rent
$5,500
0.0%
Median DOM
23
+4.5%
New Listings
137
Inventory
1,687
−3.4%
- Average Rent: $5,811
- Median Rent: $5,500
- Rent Range: $1,695 – $10,000
- Rent per Sq Ft (Avg/Median): $8 / $8
- Square Footage (Avg/Median): 739 / 683
- Square Footage Range: 325 – 10,009
- Days on Market (Avg/Median): 39 / 23
- Days on Market Range: 1 – 362
- New Listings: 137
- Total Listings: 1,687
Rentals by Property Type
Apartment
$5,200
Median DOM: 43
Inventory: 438
MoM: 0.0%
Condo
$5,649
Median DOM: 21
Inventory: 1,157
MoM: 0.0%
Single Family
$5,400
Median DOM: 23
Inventory: 90
MoM: 0.0%
Townhouse
$7,000
Median DOM: 258
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$5,484 / $5,200Range$2,375 – $10,000Rent per Sq Ft$8 / $8Sq Ft702 / 662DOM78 / 43New34Total438
Condo
Avg/Median Rent$5,934 / $5,649Range$1,695 – $10,000Rent per Sq Ft$8 / $8Sq Ft743 / 684DOM29 / 21New89Total1,157
Single Family
Avg/Median Rent$5,789 / $5,400Range$2,675 – $9,950Rent per Sq Ft$7 / $7Sq Ft868 / 770DOM34 / 23New14Total90
Townhouse
Avg/Median Rent$7,850 / $7,000Range$7,000 – $8,700Rent per Sq Ft—Sq Ft—DOM258 / 258New0Total2
Rentals by Bedroom Count
Studio
Avg:$4,292Median:$4,275Range:$2,395 – $6,900PSF:$9 / $9Sq Ft:491 / 498DOM:41 / 25New:29Total:376
1 Beds
Avg:$5,569Median:$5,500Range:$1,695 – $9,900PSF:$8 / $8Sq Ft:722 / 683DOM:37 / 23New:68Total:852
2 Beds
Avg:$7,295Median:$7,495Range:$3,195 – $10,000PSF:$8 / $8Sq Ft:972 / 1,014DOM:40 / 22New:34Total:363
3 Beds
Avg:$8,325Median:$8,529Range:$4,500 – $10,000PSF:$8 / $8Sq Ft:1,110 / 1,000DOM:46 / 21New:6Total:88
4 Beds
Avg:$8,974Median:$8,995Range:$8,200 – $9,825PSF:$7 / $7Sq Ft:1,272 / 1,300DOM:226 / 220New:0Total:7
5 Beds
Avg:$2,375Median:$2,375Range:$2,375 – $2,375PSF:—Sq Ft:—DOM:18 / 18New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $4,292 | $4,275 | $2,395 – $6,900 | $9 / $9 | 491 / 498 | 41 / 25 | 29 | 376 |
| 1 Beds | $5,569 | $5,500 | $1,695 – $9,900 | $8 / $8 | 722 / 683 | 37 / 23 | 68 | 852 |
| 2 Beds | $7,295 | $7,495 | $3,195 – $10,000 | $8 / $8 | 972 / 1,014 | 40 / 22 | 34 | 363 |
| 3 Beds | $8,325 | $8,529 | $4,500 – $10,000 | $8 / $8 | 1,110 / 1,000 | 46 / 21 | 6 | 88 |
| 4 Beds | $8,974 | $8,995 | $8,200 – $9,825 | $7 / $7 | 1,272 / 1,300 | 226 / 220 | 0 | 7 |
| 5 Beds | $2,375 | $2,375 | $2,375 – $2,375 | — | — | 18 / 18 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$995,000Median DOM:71New:123Total:561
Apr 2026
Median Price:$999,000Median DOM:59New:136Total:622
May 2026
Median Price:$998,000Median DOM:66New:106Total:694
Jun 2026
Median Price:$1,025,000Median DOM:69New:212Total:894
Jul 2026
Median Price:$1,050,000Median DOM:80New:69Total:833
Aug 2026
Median Price:$1,075,000Median DOM:86New:14Total:792
6-Month Rental Trend
Mar 2026
Median Rent:$5,100Median DOM:34New:358Total:1,206
Apr 2026
Median Rent:$5,200Median DOM:25New:514Total:1,443
May 2026
Median Rent:$5,315Median DOM:25New:448Total:1,574
Jun 2026
Median Rent:$5,410Median DOM:22New:473Total:1,565
Jul 2026
Median Rent:$5,500Median DOM:22New:579Total:1,746
Aug 2026
Median Rent:$5,500Median DOM:23New:137Total:1,687
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, while total rental inventory tightened.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
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