New York, New York Real Estate Market Analysis

dynamic.RE

New York, New York

50 ZIPs in this city:10001 10002 10003 10004 10005 10006 10007 10008 10009 10010 10011 10012 10013 10014 10016 10017 10018 10019 10020 10021 10022 10023 10024 10025 10026 10027 10028 10029 10030 10031 10032 10033 10034 10035 10036 10037 10038 10039 10040 10041 10043 10044 10045 10055 10065 10069 10075 10080 10081 10101

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

+16.6%

Slower

Price vs US

341%

Above avg

Median Listing Price

$1.65M

Population

1,544,559

Households

736,896

Median Days on Market

Active Listings

6,665

New Listings

5,684

Housing Market

Pricing

Median Listing Price

$1.65M+0.6% YoY

Average Listing Price

$3.24M+0.6% YoY

Price per Sq Ft

$2K+0.3% YoY

Median Sq Ft

1,333-4.0% YoY

Inventory

Active Listings

6,665-1.9% YoY

New Listings

5,684+181.7% YoY

Total Listings

8,897-0.4% YoY

Buyer Competition

Pending Listings

2,248+3.9% YoY

Pending Ratio

0.34+5.8% YoY

Median Days on Market

68-4.5% YoY

Price Reduced

6.6%-23.9% YoY

Units & Occupancy

2024 Occupancy

923Kunits

Occupied778,28184.3%
Vacant145,19115.7%

2024 Tenure

778Koccupied

Owner194,98225.1%
Renter583,29974.9%

Renter Share

74.9%-0.4% YoY

Total Housing Units

923,472+0.5% YoY

FY2026 Fair Market Rent — New York County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$2,529

/month

1 BR

$2,655

/month

2 BR

$2,910

/month

3 BR

$3,644

/month

4 BR

$3,959

/month

FMR Trends — New York County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

1,544,559+0.2% YoY

2024 Age Mix

1.5Mresidents

Under 18212,79313.8%
Adults 18–641,052,80968.2%
65 & Over278,95718.1%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

39.09+0.2% YoY

Population Under 18

212,793-1.0% YoY

Population 65 & Over

278,957+2.3% YoY

Households & Mobility

Total Households

736,896+0.4% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.00-0.4% YoY

2024 Residential Mobility

of residents

Same house83.6%
Moved (within US)14.6%
Other1.8%

Veterans

1.7%-7.5% YoY

Income & Poverty

Median Household Income

$114K+0.1% YoY

Per-Capita Income

$94K+1.1% YoY

Mean Household Income

$191K+0.9% YoY

Below Poverty Level

16.8%+4.4% YoY

Commuting

2024 Commute Mode

of workers

Drove alone5.8%
Public transit45.0%
Worked from home24.7%
Other24.5%

Worked From Home

24.7%+10.4% YoY

Mean Commute

31.49-0.6% YoY

Units & Tenure

Total Housing Units

874,789+0.6% YoY

2024 Occupancy

875Kunits

Occupied736,89684.2%
Vacant137,89315.8%

2024 Tenure

737Khouseholds

Owner183,46524.9%
Renter553,43175.1%

Avg Household Size — Owner

2.02-0.2% YoY

Avg Household Size — Renter

1.99-0.5% YoY

County Demographics

Median Age

38.92024

Population

New York County Population

1,660,664+1.7% YoY

Households

Total Households

778,281+0.4% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.00-0.5% YoY

Age

2024 Age Mix

1.6Mresidents

Under 18226,18013.9%
Adults 18–641,107,60468.0%
65 & Over295,69318.1%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

226,180-1.5% YoY

Population 65 & Over

295,693+2.2% YoY

Median Age

38.900.0% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house83.6%
Moved (within US)14.6%
Other1.8%

Veterans

1.7%-10.5% YoY

County Economy

Income

Median Household Income

$104K-0.6% YoY

Per-Capita Income

$96K+1.1% YoY

Mean Household Income

$194K+0.9% YoY

Poverty

Below Poverty Level

16.5%+4.4% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone5.6%
Public transit43.8%
Worked from home25.5%
Other25.1%

Worked From Home

25.5%+10.9% YoY

Mean Commute

31.20-0.6% YoY

New York, New York

Market Hotness

Hotness Rank

Hotness Score

Supply Score

Demand Score

DOM vs US

+16.6%

Slower

Price vs US

341%

Above avg

Median Listing Price

$1.65M

Population

1,544,559

Households

736,896

Median Days on Market

Active Listings

6,665

New Listings

5,684

Housing Market

Pricing

Median Listing Price

$1.65M+0.6% YoY

Average Listing Price

$3.24M+0.6% YoY

Price per Sq Ft

$2K+0.3% YoY

Median Sq Ft

1,333-4.0% YoY

Inventory

Active Listings

6,665-1.9% YoY

New Listings

5,684+181.7% YoY

Total Listings

8,897-0.4% YoY

Buyer Competition

Pending Listings

2,248+3.9% YoY

Pending Ratio

0.34+5.8% YoY

Median Days on Market

68-4.5% YoY

Price Reduced

6.6%-23.9% YoY

Units & Occupancy

2024 Occupancy

923Kunits

Occupied778,28184.3%
Vacant145,19115.7%

2024 Tenure

778Koccupied

Owner194,98225.1%
Renter583,29974.9%

Renter Share

74.9%-0.4% YoY

Total Housing Units

923,472+0.5% YoY

FY2026 Fair Market Rent — New York County

HUD government estimate (40th percentile) — not actual market asking rent.

Studio

$2,529

/month

1 BR

$2,655

/month

2 BR

$2,910

/month

3 BR

$3,644

/month

4 BR

$3,959

/month

FMR Trends — New York County

Source: HUD Fair Market Rents

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Population & Age

Total Population

1,544,559+0.2% YoY

2024 Age Mix

1.5Mresidents

Under 18212,79313.8%
Adults 18–641,052,80968.2%
65 & Over278,95718.1%

Age Composition Over Time2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

39.09+0.2% YoY

Population Under 18

212,793-1.0% YoY

Population 65 & Over

278,957+2.3% YoY

Households & Mobility

Total Households

736,896+0.4% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.00-0.4% YoY

2024 Residential Mobility

of residents

Same house83.6%
Moved (within US)14.6%
Other1.8%

Veterans

1.7%-7.5% YoY

Income & Poverty

Median Household Income

$114K+0.1% YoY

Per-Capita Income

$94K+1.1% YoY

Mean Household Income

$191K+0.9% YoY

Below Poverty Level

16.8%+4.4% YoY

Commuting

2024 Commute Mode

of workers

Drove alone5.8%
Public transit45.0%
Worked from home24.7%
Other24.5%

Worked From Home

24.7%+10.4% YoY

Mean Commute

31.49-0.6% YoY

Units & Tenure

Total Housing Units

874,789+0.6% YoY

2024 Occupancy

875Kunits

Occupied736,89684.2%
Vacant137,89315.8%

2024 Tenure

737Khouseholds

Owner183,46524.9%
Renter553,43175.1%

Avg Household Size — Owner

2.02-0.2% YoY

Avg Household Size — Renter

1.99-0.5% YoY

County Demographics

Median Age

38.92024

Population

New York County Population

1,660,664+1.7% YoY

Households

Total Households

778,281+0.4% YoY

Household Types

--Not reported for this area (ACS).

Avg Household Size

2.00-0.5% YoY

Age

2024 Age Mix

1.6Mresidents

Under 18226,18013.9%
Adults 18–641,107,60468.0%
65 & Over295,69318.1%

Age Composition Over Time2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

226,180-1.5% YoY

Population 65 & Over

295,693+2.2% YoY

Median Age

38.900.0% YoY

Mobility & Veterans

2024 Residential Mobility

of residents

Same house83.6%
Moved (within US)14.6%
Other1.8%

Veterans

1.7%-10.5% YoY

County Economy

Income

Median Household Income

$104K-0.6% YoY

Per-Capita Income

$96K+1.1% YoY

Mean Household Income

$194K+0.9% YoY

Poverty

Below Poverty Level

16.5%+4.4% YoY

Transportation to Work

2024 Commute Mode

of workers

Drove alone5.6%
Public transit43.8%
Worked from home25.5%
Other25.1%

Worked From Home

25.5%+10.9% YoY

Mean Commute

31.20-0.6% YoY