10016 — New York County, New York Market Snapshot

Housing market data for zip code 10016 in New York County, New York. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

109 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$920,000

-6.4% YoYClosed sales

Days to Sell

135

Median, listing to close

Homes Sold

109

Closed in 2026

Inventory

333

Sale-to-List

99.4%

New Listings

288

Price/SqFt

$1,199

Pending Sales

174

Conforming Loan Available

Most homebuyers in 10016 can comfortably use conventional financing. The median home price of $920,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 135 days on average, 10016 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

Homes are selling very close to asking price in 10016 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 10016 can comfortably use conventional financing. The median home price of $920,000 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 10016 are set at the county level.

2026 Loan Limits — New York County

Property Units Conforming Limit FHA Limit
1 Unit$1,209,750$1,249,125
2 Units$1,548,975$1,599,375
3 Units$1,872,225$1,933,200
4 Units$2,326,875$2,402,625

Affordability Snapshot — Zip 10016

To purchase the median home at $920,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,199.

Monthly Payment

$7,199

Income Required

$308,518

Principal & Interest

$5,669/mo

Down Payment (5%)

$46,000

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 10016.

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Estimated Monthly Payment

$5,844

Principal & Interest$4,774
Property Tax$920
Insurance$150
Loan Amount$736,000
Total Interest$982,525
Income Required$250,443/yr

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