ZIP 10040 Housing Market Report
New York Metro
Report period: August 2026
10040 Monthly Market Update – August 2026
ZIP 10040 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$480,000
+1.1%
Median DOM (Sales)
95
+3.3%
New Listings (Sales)
0
−100.0%
Median Rent
$3,200
+3.2%
Median DOM (Rental)
23
+15.0%
Total Rental Listings
61
−9.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (95 DOM)
- Fastest renting: Condo (17 DOM)
- Strongest bedroom: 5 Beds ($1,749,000 median)
Sales Market Overview
Median Price
$480,000
+1.1%
Median DOM
95
+3.3%
New Listings
0
−100.0%
Inventory
45
−4.3%
- Average Price: $594,184
- Median Price: $480,000
- Price Range: $214,998 – $1,850,000
- Price per Sq Ft (Avg/Median): $646 / $633
- Square Footage (Avg/Median): 992 / 750
- Square Footage Range: 344 – 3,720
- Days on Market (Avg/Median): 105 / 95
- Days on Market Range: 2 – 279
- New Listings: 0
- Total Listings: 45
Sales by Property Type
Condo
Avg/Median Price$509,757 / $475,000Range$214,998 – $1,125,000Price per Sq Ft$640 / $633Sq Ft833 / 750DOM104 / 95New0Total40
Multi-Family
Avg/Median Price$1,269,600 / $1,600,000Range$450,000 – $1,850,000Price per Sq Ft$709 / $430Sq Ft2,745 / 1,770DOM114 / 112New0Total5
Sales by Bedroom Count
Studio
Avg:$251,400Median:$219,000Range:$214,998 – $369,000PSF:$604 / $625Sq Ft:450 / 425DOM:148 / 144New:0Total:5
1 Beds
Avg:$447,675Median:$425,000Range:$295,500 – $625,000PSF:$661 / $633Sq Ft:747 / 750DOM:95 / 95New:0Total:20
2 Beds
Avg:$616,987Median:$589,000Range:$389,000 – $1,125,000PSF:$583 / $591Sq Ft:1,015 / 993DOM:107 / 93New:0Total:15
3 Beds
Avg:$1,308,000Median:$1,125,000Range:$949,000 – $1,850,000PSF:$711 / $692Sq Ft:1,462 / 1,300DOM:74 / 90New:0Total:3
5 Beds
Avg:$1,749,000Median:$1,749,000Range:$1,749,000 – $1,749,000PSF:$988 / $988Sq Ft:1,770 / 1,770DOM:112 / 112New:0Total:1
6 Beds
Avg:$1,600,000Median:$1,600,000Range:$1,600,000 – $1,600,000PSF:$430 / $430Sq Ft:3,720 / 3,720DOM:153 / 153New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $251,400 | $219,000 | $214,998 – $369,000 | $604 / $625 | 450 / 425 | 148 / 144 | 0 | 5 |
| 1 Beds | $447,675 | $425,000 | $295,500 – $625,000 | $661 / $633 | 747 / 750 | 95 / 95 | 0 | 20 |
| 2 Beds | $616,987 | $589,000 | $389,000 – $1,125,000 | $583 / $591 | 1,015 / 993 | 107 / 93 | 0 | 15 |
| 3 Beds | $1,308,000 | $1,125,000 | $949,000 – $1,850,000 | $711 / $692 | 1,462 / 1,300 | 74 / 90 | 0 | 3 |
| 5 Beds | $1,749,000 | $1,749,000 | $1,749,000 – $1,749,000 | $988 / $988 | 1,770 / 1,770 | 112 / 112 | 0 | 1 |
| 6 Beds | $1,600,000 | $1,600,000 | $1,600,000 – $1,600,000 | $430 / $430 | 3,720 / 3,720 | 153 / 153 | 0 | 1 |
Rental Market Overview
Median Rent
$3,200
+3.2%
Median DOM
23
+15.0%
New Listings
0
Inventory
61
−9.0%
- Average Rent: $3,198
- Median Rent: $3,200
- Rent Range: $1,000 – $5,852
- Rent per Sq Ft (Avg/Median): $5 / $5
- Square Footage (Avg/Median): 712 / 654
- Square Footage Range: 400 – 1,073
- Days on Market (Avg/Median): 42 / 23
- Days on Market Range: 1 – 242
- New Listings: 0
- Total Listings: 61
Rentals by Property Type
Apartment
$2,600
Median DOM: 58
Inventory: 11
MoM: +3.2%
Condo
$3,369
Median DOM: 17
Inventory: 31
MoM: +3.2%
Single Family
$2,933
Median DOM: 36
Inventory: 19
MoM: +3.2%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +3.2%
Apartment
Avg/Median Rent$2,438 / $2,600Range$1,000 – $3,300Rent per Sq Ft$4 / $3Sq Ft730 / 850DOM98 / 58New0Total11
Condo
Avg/Median Rent$3,563 / $3,369Range$1,450 – $5,852Rent per Sq Ft$5 / $6Sq Ft702 / 647DOM23 / 17New0Total31
Single Family
Avg/Median Rent$3,041 / $2,933Range$1,800 – $4,295Rent per Sq Ft$2 / $2Sq Ft832 / 832DOM52 / 36New0Total19
Rentals by Bedroom Count
Studio
Avg:$2,851Median:$2,890Range:$2,100 – $3,369PSF:$6 / $7Sq Ft:510 / 500DOM:51 / 16New:0Total:8
1 Beds
Avg:$2,925Median:$2,910Range:$1,000 – $4,034PSF:$5 / $6Sq Ft:678 / 654DOM:44 / 23New:0Total:36
2 Beds
Avg:$4,056Median:$3,758Range:$2,600 – $5,852PSF:$5 / $5Sq Ft:970 / 1,013DOM:40 / 15New:0Total:12
3 Beds
Avg:$3,499Median:$3,300Range:$3,100 – $3,895PSF:$3 / $3Sq Ft:1,000 / 1,000DOM:19 / 20New:0Total:4
4 Beds
Avg:$4,295Median:$4,295Range:$4,295 – $4,295PSF:—Sq Ft:—DOM:20 / 20New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,851 | $2,890 | $2,100 – $3,369 | $6 / $7 | 510 / 500 | 51 / 16 | 0 | 8 |
| 1 Beds | $2,925 | $2,910 | $1,000 – $4,034 | $5 / $6 | 678 / 654 | 44 / 23 | 0 | 36 |
| 2 Beds | $4,056 | $3,758 | $2,600 – $5,852 | $5 / $5 | 970 / 1,013 | 40 / 15 | 0 | 12 |
| 3 Beds | $3,499 | $3,300 | $3,100 – $3,895 | $3 / $3 | 1,000 / 1,000 | 19 / 20 | 0 | 4 |
| 4 Beds | $4,295 | $4,295 | $4,295 – $4,295 | — | — | 20 / 20 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$449,000Median DOM:47New:13Total:34
Apr 2026
Median Price:$470,000Median DOM:36New:13Total:42
May 2026
Median Price:$525,000Median DOM:37New:11Total:48
Jun 2026
Median Price:$475,000Median DOM:64New:7Total:54
Jul 2026
Median Price:$475,000Median DOM:92New:2Total:47
Aug 2026
Median Price:$480,000Median DOM:95New:0Total:45
6-Month Rental Trend
Mar 2026
Median Rent:$3,264Median DOM:41New:20Total:79
Apr 2026
Median Rent:$3,271Median DOM:49New:8Total:61
May 2026
Median Rent:$3,201Median DOM:46New:13Total:58
Jun 2026
Median Rent:$3,100Median DOM:21New:16Total:52
Jul 2026
Median Rent:$3,100Median DOM:20New:27Total:67
Aug 2026
Median Rent:$3,200Median DOM:23New:0Total:61
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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.
070010700207003070040700507006070080700907010070110701207013070140701607017070180702007021070220702307024070260702807029070300703107032070330703407035+107 more
← Back to New York Metro