$10,000 Closing Credit*
$1,675,000
858 SqFt
2 Beds
•2 Full Baths
#RPLU-5123259396, Yehiel Tirosh, Listing Office: Douglas Elliman Real Estate
Is 10016, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 10016 has remained a Buyer's Market.
Key Takeaway
10016 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 10016, NY
How much do homes in 10016, NY cost?
Median Sold Price
$1,177,500
$1,326/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,500(+0.2%)
Key Takeaway
The sold price of homes in 10016 has remained the same since last year.
Summary: The median home sold price in 10016 was $1,177,500 in October 2024, up 0.2% from last year, and the median price per square foot was $1,326.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $820K | $755K | -7.9% |
| 2 Bedrooms | $2.0M | $1.6M | -22.0% |
| 3 Bedrooms | $2.7M | $2.6M | -3.6% |
| 4 Bedrooms | $4.8M | $3.7M | -22.9% |
| 5+ Bedrooms | $3.3M | $6.4M | +93.9% |
Summary: 10016 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.9%, 2 bedroom homes decreased by 22%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes increased by 93.9%.
Housing Supply in 10016, NY
How many homes are available in 10016, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 374 | 378 | +1.1% |
Summary: The 10016 real estate market had 378 homes for sale in October 2024, a 1.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 169 | 169 | 0.0% |
| 2 Bedrooms | 147 | 147 | 0.0% |
| 3 Bedrooms | 36 | 41 | +13.9% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 10016 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 40 | +29.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 10016, expect to pay close to the asking price. 77.5% of homes here sold near the asking price last month.
Summary: A total of 40 homes were sold or pending in 10016 in October 2024, up by 29.0% month-over-month. Of the 40 sold homes, 23% were sold under asking, 78% were sold at asking, and 0% were sold over asking.
Days on Market for 10016, NY
How long does it take to sell a home in 10016, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 228 Days | 80 Days | -64.9% |
Summary: Homes in 10016 had an average of 80 days on market in Oct 2024, down by 64.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 10016 has remained consistent over time.
Summary: During October 2024, 40 homes were sold in 10016; 0% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services. 
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.