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Manhattan

NEW YORK, NY 10023

Real Estate Market Report  ·  New York County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
401
⇩ 7.6% vs 434 last year
Pending
119
30% pending ratio
Median Price
$1,795,000
⇩ 21.6% vs $2,290,000 last year
Average Price
$4,818,962
⇩ 4.5% vs $5,046,776 last year
Days on Market
101
⇧ 11% vs 91 days last year

Market Context

Population: 65,706  ·  Density: 26,173.2/mi²  ·  Median household income: $151,468

Typical home value: $1,530,270  ·  Homeownership: 38.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The NEW YORK, NY real estate market (10023) currently shows 401 active listings, with 119 pending sales. Homes are averaging 101 days on the market before going under contract.

Inventory has tightened compared to last year, with 33 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 101 days on market compared to 91 days last year.

The median listing price has fallen 21.6% year-over-year, from $2,290,000 to $1,795,000.

Whether you are buying or selling in NEW YORK, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 401 this year vs 434 last year
  • Days on market: 101 now vs 91 last year

Median & Average Pricing

Year over Year
  • Median: $1,795,000 (-21.6% YoY)
  • Average: $4,818,962 (-4.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 2.5 miles — 2,471 listings ($9,229,080,720 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
10023New York, NY 100230.0 mi401$1,932,403,762$1,795,000$4,818,962
10019New York, NY 100190.7 mi378$2,238,920,082$1,849,000$5,923,069
10065New York, NY 100651.0 mi320$1,485,897,600$1,950,000$4,643,430
10112New York, NY 101121.1 mi1$12,500,000$12,500,000$12,500,000
10036New York, NY 100361.2 mi90$139,594,860$1,242,500$1,551,054
10028New York, NY 100281.3 mi237$986,748,552$2,187,500$4,163,496
10128New York, NY 101281.5 mi249$643,222,776$1,275,000$2,583,224
10168New York, NY 101681.6 mi1$749,000$749,000$749,000
10044New York, NY 100441.7 mi17$16,206,916$995,000$953,348
10001New York, NY 100011.9 mi103$374,864,483$2,950,000$3,639,461
10016New York, NY 100162.0 mi433$858,245,403$999,000$1,982,091
11109Long Island City, NY 111092.3 mi13$16,512,886$1,148,000$1,270,222
10010New York, NY 100102.5 mi228$523,214,400$1,395,000$2,294,800

Frequently Asked Questions

How many homes are for sale in NEW YORK, NY 10023?

As of January 2026, there are 401 active listings in NEW YORK, NY (zip code 10023), compared to 434 the prior year.

What is the median home price in NEW YORK, NY 10023?

The median listing price in NEW YORK, NY 10023 is $1,795,000 as of January 2026, a 21.6% decrease from $2,290,000 the prior year.

How long do homes stay on the market in NEW YORK, NY?

Homes in NEW YORK, NY 10023 spend an average of 101 days on the market before going under contract, compared to 91 days the prior year.

Is it a seller's or buyer's market in NEW YORK, NY 10023?

Based on current inventory and days-on-market data as of January 2026, NEW YORK, NY 10023 is currently a Balanced Market. Inventory has tightened compared to last year, with 33 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 101 days on market compared to 91 days last year.

How much can I save on real estate commission in NEW YORK, NY?

With SELL123.com's maximum 3% commission, sellers in NEW YORK, NY 10023 save an estimated $35,900 compared to a typical 5% commission on the median listing price of $1,795,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.