ZIP 10016 Housing Market Report
New York Metro
Report period: March 2026
10016 Monthly Market Update – March 2026
ZIP 10016 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$988,000
+1.3%
Median DOM (Sales)
97
−7.6%
New Listings (Sales)
36
−51.4%
Median Rent
$5,050
+0.2%
Median DOM (Rental)
38
−9.5%
Total Rental Listings
1,215
+0.9%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (27 DOM)
- Fastest renting: Single Family (15 DOM)
- Strongest bedroom: 6 Beds ($4,400,000 median)
Sales Market Overview
Median Price
$988,000
+1.3%
Median DOM
97
−7.6%
New Listings
36
−51.4%
Inventory
522
+1.4%
- Average Price: $1,465,341
- Median Price: $988,000
- Price Range: $250,000 – $9,990,000
- Price per Sq Ft (Avg/Median): $1,396 / $1,321
- Square Footage (Avg/Median): 1,140 / 883
- Square Footage Range: 400 – 6,830
- Days on Market (Avg/Median): 116 / 97
- Days on Market Range: 1 – 359
- New Listings: 36
- Total Listings: 522
Sales by Property Type
Apartment
Avg/Median Price$3,012,500 / $1,525,000Range$1,525,000 – $4,500,000Price per Sq Ft$1,173 / $1,173Sq Ft1,300 / 1,300DOM235 / 167New0Total2
Condo
Avg/Median Price$1,393,334 / $950,000Range$250,000 – $9,990,000Price per Sq Ft$1,404 / $1,327Sq Ft1,073 / 871DOM116 / 97New36Total507
Multi-Family
Avg/Median Price$4,200,000 / $4,400,000Range$3,700,000 – $4,500,000Price per Sq Ft$1,151 / $1,213Sq Ft3,687 / 3,709DOM28 / 27New0Total3
Single Family
Avg/Median Price$1,010,000 / $725,000Range$725,000 – $1,295,000Price per Sq Ft$1,295 / $1,295Sq Ft1,000 / 1,000DOM107 / 107New0Total2
Townhouse
Avg/Median Price$4,730,375 / $4,300,000Range$400,000 – $9,200,000Price per Sq Ft$1,008 / $1,200Sq Ft4,382 / 4,000DOM129 / 92New0Total8
Sales by Bedroom Count
Studio
Avg:$703,774Median:$449,000Range:$250,000 – $4,999,950PSF:$1,041 / $938Sq Ft:664 / 520DOM:119 / 89New:7Total:96
1 Beds
Avg:$932,374Median:$840,000Range:$399,000 – $2,595,000PSF:$1,347 / $1,274Sq Ft:787 / 760DOM:105 / 90New:19Total:243
2 Beds
Avg:$1,751,293Median:$1,595,000Range:$495,000 – $4,695,000PSF:$1,522 / $1,409Sq Ft:1,238 / 1,185DOM:127 / 117New:5Total:116
3 Beds
Avg:$3,884,000Median:$3,795,000Range:$929,000 – $9,990,000PSF:$1,782 / $1,599Sq Ft:2,426 / 2,137DOM:138 / 149New:4Total:51
4 Beds
Avg:$4,213,222Median:$4,300,000Range:$1,800,000 – $7,750,000PSF:$1,355 / $1,200Sq Ft:3,097 / 2,900DOM:125 / 168New:1Total:9
5 Beds
Avg:$4,274,000Median:$3,750,000Range:$3,750,000 – $4,798,000PSF:$1,315 / $1,200Sq Ft:3,311 / 2,622DOM:139 / 51New:0Total:2
6 Beds
Avg:$4,844,500Median:$4,400,000Range:$1,278,000 – $9,200,000PSF:$1,208 / $1,096Sq Ft:2,249 / 1,166DOM:108 / 129New:0Total:4
7 Beds
Avg:$3,700,000Median:$3,700,000Range:$3,700,000 – $3,700,000PSF:$920 / $920Sq Ft:4,020 / 4,020DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $703,774 | $449,000 | $250,000 – $4,999,950 | $1,041 / $938 | 664 / 520 | 119 / 89 | 7 | 96 |
| 1 Beds | $932,374 | $840,000 | $399,000 – $2,595,000 | $1,347 / $1,274 | 787 / 760 | 105 / 90 | 19 | 243 |
| 2 Beds | $1,751,293 | $1,595,000 | $495,000 – $4,695,000 | $1,522 / $1,409 | 1,238 / 1,185 | 127 / 117 | 5 | 116 |
| 3 Beds | $3,884,000 | $3,795,000 | $929,000 – $9,990,000 | $1,782 / $1,599 | 2,426 / 2,137 | 138 / 149 | 4 | 51 |
| 4 Beds | $4,213,222 | $4,300,000 | $1,800,000 – $7,750,000 | $1,355 / $1,200 | 3,097 / 2,900 | 125 / 168 | 1 | 9 |
| 5 Beds | $4,274,000 | $3,750,000 | $3,750,000 – $4,798,000 | $1,315 / $1,200 | 3,311 / 2,622 | 139 / 51 | 0 | 2 |
| 6 Beds | $4,844,500 | $4,400,000 | $1,278,000 – $9,200,000 | $1,208 / $1,096 | 2,249 / 1,166 | 108 / 129 | 0 | 4 |
| 7 Beds | $3,700,000 | $3,700,000 | $3,700,000 – $3,700,000 | $920 / $920 | 4,020 / 4,020 | — | 0 | 1 |
Rental Market Overview
Median Rent
$5,050
+0.2%
Median DOM
38
−9.5%
New Listings
165
Inventory
1,215
+0.9%
- Average Rent: $5,393
- Median Rent: $5,050
- Rent Range: $1,720 – $10,000
- Rent per Sq Ft (Avg/Median): $8 / $7
- Square Footage (Avg/Median): 735 / 682
- Square Footage Range: 302 – 3,895
- Days on Market (Avg/Median): 75 / 38
- Days on Market Range: 1 – 351
- New Listings: 165
- Total Listings: 1,215
Rentals by Property Type
Apartment
$4,745
Median DOM: 79
Inventory: 509
MoM: +0.2%
Condo
$5,195
Median DOM: 33
Inventory: 614
MoM: +0.2%
Single Family
$3,950
Median DOM: 15
Inventory: 36
MoM: +0.2%
Townhouse
$6,000
Median DOM: 38
Inventory: 55
MoM: +0.2%
Apartment
Avg/Median Rent$5,173 / $4,745Range$1,720 – $10,000Rent per Sq Ft$7 / $7Sq Ft722 / 650DOM114 / 79New65Total509
Condo
Avg/Median Rent$5,560 / $5,195Range$1,800 – $10,000Rent per Sq Ft$8 / $8Sq Ft741 / 684DOM51 / 33New81Total614
Multi-Family
Avg/Median Rent$4,700 / $4,700Range$4,700 – $4,700Rent per Sq Ft—Sq Ft—DOM37 / 37New0Total1
Single Family
Avg/Median Rent$4,368 / $3,950Range$1,900 – $8,700Rent per Sq Ft$7 / $7Sq Ft706 / 643DOM27 / 15New11Total36
Townhouse
Avg/Median Rent$6,241 / $6,000Range$3,658 – $9,800Rent per Sq Ft$7 / $7Sq Ft798 / 781DOM57 / 38New8Total55
Rentals by Bedroom Count
Studio
Avg:$3,889Median:$3,819Range:$1,720 – $9,500PSF:$8 / $8Sq Ft:507 / 493DOM:70 / 38New:49Total:282
1 Beds
Avg:$5,178Median:$5,095Range:$1,800 – $9,500PSF:$8 / $7Sq Ft:700 / 684DOM:78 / 39New:70Total:590
2 Beds
Avg:$6,870Median:$7,000Range:$2,650 – $10,000PSF:$7 / $7Sq Ft:965 / 1,000DOM:74 / 37New:35Total:270
3 Beds
Avg:$7,263Median:$7,495Range:$1,750 – $9,495PSF:$7 / $7Sq Ft:1,136 / 1,200DOM:75 / 38New:10Total:63
4 Beds
Avg:$8,811Median:$8,700Range:$7,200 – $10,000PSF:$7 / $7Sq Ft:1,292 / 1,300DOM:120 / 105New:1Total:10
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $3,889 | $3,819 | $1,720 – $9,500 | $8 / $8 | 507 / 493 | 70 / 38 | 49 | 282 |
| 1 Beds | $5,178 | $5,095 | $1,800 – $9,500 | $8 / $7 | 700 / 684 | 78 / 39 | 70 | 590 |
| 2 Beds | $6,870 | $7,000 | $2,650 – $10,000 | $7 / $7 | 965 / 1,000 | 74 / 37 | 35 | 270 |
| 3 Beds | $7,263 | $7,495 | $1,750 – $9,495 | $7 / $7 | 1,136 / 1,200 | 75 / 38 | 10 | 63 |
| 4 Beds | $8,811 | $8,700 | $7,200 – $10,000 | $7 / $7 | 1,292 / 1,300 | 120 / 105 | 1 | 10 |
6-Month Sales Trend
Oct 2025
Median Price:$990,000Median DOM:67New:147Total:672
Nov 2025
Median Price:$999,000Median DOM:78New:58Total:653
Dec 2025
Median Price:$999,000Median DOM:102New:36Total:556
Jan 2026
Median Price:$980,000Median DOM:109New:76Total:525
Feb 2026
Median Price:$975,000Median DOM:105New:74Total:515
Mar 2026
Median Price:$988,000Median DOM:97New:36Total:522
6-Month Rental Trend
Oct 2025
Median Rent:$5,100Median DOM:33New:379Total:1,357
Nov 2025
Median Rent:$4,915Median DOM:37New:301Total:1,292
Dec 2025
Median Rent:$4,895Median DOM:41New:287Total:1,179
Jan 2026
Median Rent:$4,963Median DOM:47New:262Total:1,172
Feb 2026
Median Rent:$5,041Median DOM:42New:274Total:1,204
Mar 2026
Median Rent:$5,050Median DOM:38New:165Total:1,215
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory increased.
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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