ZIP 10016 Housing Market Report
New York Metro
Report period: June 2026
10016 Monthly Market Update – June 2026
ZIP 10016 · Last updated Jun 13, 2026 · Data range Jan 2026 – Jun 2026
Executive Snapshot
Median Sale Price
$995,000
−0.3%
Median DOM (Sales)
68
+3.0%
New Listings (Sales)
52
−50.9%
Median Rent
$5,395
+1.5%
Median DOM (Rental)
23
−8.0%
Total Rental Listings
1,608
+2.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Apartment (3 DOM)
- Fastest renting: Single Family (14 DOM)
- Strongest bedroom: 7 Beds ($7,350,000 median)
Sales Market Overview
Median Price
$995,000
−0.3%
Median DOM
68
+3.0%
New Listings
52
−50.9%
Inventory
735
+5.9%
- Average Price: $1,388,580
- Median Price: $995,000
- Price Range: $5,000 – $8,950,000
- Price per Sq Ft (Avg/Median): $1,387 / $1,332
- Square Footage (Avg/Median): 1,164 / 850
- Square Footage Range: 312 – 10,009
- Days on Market (Avg/Median): 96 / 68
- Days on Market Range: 1 – 365
- New Listings: 52
- Total Listings: 735
Sales by Property Type
Apartment
Avg/Median Price$1,747,625 / $960,000Range$5,500 – $4,500,000Price per Sq Ft$590 / $7Sq Ft1,064 / 828DOM154 / 3New2Total4
Condo
Avg/Median Price$1,342,237 / $999,000Range$5,000 – $8,695,000Price per Sq Ft$1,415 / $1,358Sq Ft1,076 / 850DOM96 / 66New44Total662
Multi-Family
Avg/Median Price$1,139,468 / $715,000Range$350,000 – $5,500,000Price per Sq Ft$939 / $856Sq Ft1,539 / 900DOM88 / 73New3Total47
Single Family
Avg/Median Price$1,592,250 / $829,000Range$659,000 – $4,000,000Price per Sq Ft$1,231 / $1,033Sq Ft1,369 / 1,325DOM89 / 66New2Total12
Townhouse
Avg/Median Price$5,239,300 / $4,995,000Range$860,000 – $8,950,000Price per Sq Ft$1,137 / $1,151Sq Ft5,270 / 5,735DOM116 / 86New1Total10
Sales by Bedroom Count
Studio
Avg:$758,123Median:$489,900Range:$150,000 – $4,999,950PSF:$1,116 / $1,087Sq Ft:712 / 520DOM:94 / 60New:5Total:133
1 Beds
Avg:$919,004Median:$840,000Range:$5,000 – $2,395,000PSF:$1,337 / $1,316Sq Ft:815 / 769DOM:92 / 68New:29Total:351
2 Beds
Avg:$1,824,781Median:$1,600,000Range:$365,000 – $4,990,000PSF:$1,524 / $1,402Sq Ft:1,286 / 1,233DOM:92 / 63New:13Total:171
3 Beds
Avg:$3,304,483Median:$2,550,000Range:$1,095,000 – $8,950,000PSF:$1,693 / $1,683Sq Ft:2,185 / 2,100DOM:125 / 75New:3Total:60
4 Beds
Avg:$3,610,333Median:$3,295,000Range:$1,750,000 – $7,750,000PSF:$1,245 / $1,084Sq Ft:2,978 / 2,900DOM:153 / 102New:0Total:9
5 Beds
Avg:$5,324,500Median:$4,798,000Range:$3,750,000 – $7,250,000PSF:$1,245 / $1,198Sq Ft:4,378 / 4,000DOM:123 / 53New:0Total:4
6 Beds
Avg:$4,293,000Median:$4,995,000Range:$1,278,000 – $4,995,000PSF:$968 / $871Sq Ft:4,556 / 5,735DOM:117 / 86New:1Total:6
7 Beds
Avg:$7,350,000Median:$7,350,000Range:$7,350,000 – $7,350,000PSF:$1,289 / $1,289Sq Ft:5,700 / 5,700DOM:4 / 4New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $758,123 | $489,900 | $150,000 – $4,999,950 | $1,116 / $1,087 | 712 / 520 | 94 / 60 | 5 | 133 |
| 1 Beds | $919,004 | $840,000 | $5,000 – $2,395,000 | $1,337 / $1,316 | 815 / 769 | 92 / 68 | 29 | 351 |
| 2 Beds | $1,824,781 | $1,600,000 | $365,000 – $4,990,000 | $1,524 / $1,402 | 1,286 / 1,233 | 92 / 63 | 13 | 171 |
| 3 Beds | $3,304,483 | $2,550,000 | $1,095,000 – $8,950,000 | $1,693 / $1,683 | 2,185 / 2,100 | 125 / 75 | 3 | 60 |
| 4 Beds | $3,610,333 | $3,295,000 | $1,750,000 – $7,750,000 | $1,245 / $1,084 | 2,978 / 2,900 | 153 / 102 | 0 | 9 |
| 5 Beds | $5,324,500 | $4,798,000 | $3,750,000 – $7,250,000 | $1,245 / $1,198 | 4,378 / 4,000 | 123 / 53 | 0 | 4 |
| 6 Beds | $4,293,000 | $4,995,000 | $1,278,000 – $4,995,000 | $968 / $871 | 4,556 / 5,735 | 117 / 86 | 1 | 6 |
| 7 Beds | $7,350,000 | $7,350,000 | $7,350,000 – $7,350,000 | $1,289 / $1,289 | 5,700 / 5,700 | 4 / 4 | 1 | 1 |
Rental Market Overview
Median Rent
$5,395
+1.5%
Median DOM
23
−8.0%
New Listings
229
Inventory
1,608
+2.2%
- Average Rent: $5,612
- Median Rent: $5,395
- Rent Range: $1,775 – $10,000
- Rent per Sq Ft (Avg/Median): $8 / $8
- Square Footage (Avg/Median): 746 / 684
- Square Footage Range: 302 – 10,009
- Days on Market (Avg/Median): 57 / 23
- Days on Market Range: 1 – 364
- New Listings: 229
- Total Listings: 1,608
Rentals by Property Type
Apartment
$5,090
Median DOM: 47
Inventory: 510
MoM: +1.5%
Condo
$5,467
Median DOM: 20
Inventory: 985
MoM: +1.5%
Single Family
$5,250
Median DOM: 14
Inventory: 82
MoM: +1.5%
Townhouse
$6,200
Median DOM: 43
Inventory: 31
MoM: +1.5%
Apartment
Avg/Median Rent$5,328 / $5,090Range$1,775 – $9,995Rent per Sq Ft$8 / $8Sq Ft725 / 670DOM114 / 47New61Total510
Condo
Avg/Median Rent$5,747 / $5,467Range$2,675 – $10,000Rent per Sq Ft$8 / $8Sq Ft752 / 687DOM34 / 20New158Total985
Single Family
Avg/Median Rent$5,446 / $5,250Range$2,750 – $9,950Rent per Sq Ft$7 / $7Sq Ft734 / 680DOM27 / 14New10Total82
Townhouse
Avg/Median Rent$6,433 / $6,200Range$3,095 – $9,800Rent per Sq Ft$7 / $7Sq Ft911 / 895DOM55 / 43New0Total31
Rentals by Bedroom Count
Studio
Avg:$4,150Median:$4,103Range:$2,395 – $7,900PSF:$9 / $9Sq Ft:507 / 493DOM:48 / 22New:54Total:379
1 Beds
Avg:$5,445Median:$5,420Range:$1,775 – $9,000PSF:$8 / $8Sq Ft:721 / 684DOM:60 / 27New:104Total:790
2 Beds
Avg:$6,938Median:$7,100Range:$2,700 – $9,950PSF:$8 / $7Sq Ft:963 / 1,000DOM:59 / 22New:57Total:336
3 Beds
Avg:$7,840Median:$7,800Range:$4,500 – $10,000PSF:$8 / $8Sq Ft:1,104 / 1,000DOM:59 / 15New:14Total:92
4 Beds
Avg:$8,892Median:$8,995Range:$7,495 – $9,995PSF:$7 / $7Sq Ft:1,279 / 1,300DOM:147 / 205New:0Total:11
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $4,150 | $4,103 | $2,395 – $7,900 | $9 / $9 | 507 / 493 | 48 / 22 | 54 | 379 |
| 1 Beds | $5,445 | $5,420 | $1,775 – $9,000 | $8 / $8 | 721 / 684 | 60 / 27 | 104 | 790 |
| 2 Beds | $6,938 | $7,100 | $2,700 – $9,950 | $8 / $7 | 963 / 1,000 | 59 / 22 | 57 | 336 |
| 3 Beds | $7,840 | $7,800 | $4,500 – $10,000 | $8 / $8 | 1,104 / 1,000 | 59 / 15 | 14 | 92 |
| 4 Beds | $8,892 | $8,995 | $7,495 – $9,995 | $7 / $7 | 1,279 / 1,300 | 147 / 205 | 0 | 11 |
6-Month Sales Trend
Jan 2026
Median Price:$980,000Median DOM:109New:76Total:525
Feb 2026
Median Price:$975,000Median DOM:105New:74Total:515
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:$995,000Median DOM:68New:52Total:735
6-Month Rental Trend
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:$5,100Median 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:$5,395Median DOM:23New:229Total:1,608
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower 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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