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City Hall Civic Center Downtown Governor Alfred E Smith Houses Knickerbocker Village Seaport (South Street Seaport) Two Bridges Wall Street (Financial District)

NEW YORK, NY 10038

Real Estate Market Report  ·  New York County
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 10038

City Hall · Civic Center · Downtown · Governor Alfred E Smith Houses · Knickerbocker Village · Seaport (South Street Seaport) · Two Bridges · Wall Street (Financial District)

Market Analysis

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

The NEW YORK, NY real estate market (10038) currently shows 79 active listings, with 10 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 48 days on market compared to 59 days last year.

The median listing price has fallen 22.8% year-over-year, from $1,497,000 to $1,155,000.

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 Context

Market Context

Population: 23,343  ·  Density: 31,225.1/mi²  ·  Median household income: $99,641

Typical home value: $838,291  ·  Homeownership: 26.9%

Market Overview

Active Listings
79
⇩ 6% vs 84 last year
Pending
10
13% pending ratio
Median Price
$1,155,000
⇩ 22.8% vs $1,497,000 last year
Average Price
$2,242,305
⇩ 23.6% vs $2,936,032 last year
Days on Market
48
⇩ 18.6% vs 59 days last year

Price Per Square Foot

Median $/sqft
$1,197
⇩ 0.8% vs $1,207/sqft last year
Median Home Size
1,078 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 79 this year vs 84 last year
  • Days on market: 48 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $1,155,000 (-22.8% YoY)
  • Average: $2,242,305 (-23.6% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 2.8 miles — 1,424 listings ($4,839,707,480 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
10038New York, NY 100380.0 mi69$150,066,651$1,186,000$2,174,879
10007New York, NY 100070.4 mi62$302,801,428$3,295,000$4,883,894
10280New York, NY 102800.7 mi31$33,403,492$760,000$1,077,532
10282New York, NY 102820.8 mi16$61,544,672$1,830,000$3,846,542
10012New York, NY 100121.2 mi117$603,875,376$3,437,500$5,161,328
10004New York, NY 100041.3 mi67$126,846,276$1,499,750$1,893,228
10014New York, NY 100141.7 mi169$744,033,992$2,170,000$4,402,568
11205Brooklyn, NY 112052.0 mi54$119,817,792$1,024,750$2,218,848
07310Jersey City, NJ 073102.1 mi35$32,480,665$815,375$928,019
10011New York, NY 100112.3 mi408$1,816,413,552$2,250,000$4,451,994
11231Brooklyn, NY 112312.3 mi45$121,852,710$2,422,500$2,707,838
10010New York, NY 100102.3 mi229$536,797,068$1,395,000$2,344,092
07030Hoboken, NJ 070302.8 mi122$189,773,806$1,225,000$1,555,523

Frequently Asked Questions

How many homes are for sale in NEW YORK, NY 10038?

As of March 2026, there are 79 active listings in NEW YORK, NY (zip code 10038), compared to 84 the prior year.

What is the median home price in NEW YORK, NY 10038?

The median listing price in NEW YORK, NY 10038 is $1,155,000 as of March 2026, a 22.8% decrease from $1,497,000 the prior year.

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

Homes in NEW YORK, NY 10038 spend an average of 48 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in NEW YORK, NY 10038?

Based on current inventory and days-on-market data as of March 2026, NEW YORK, NY 10038 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 48 days on market compared to 59 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 10038 save an estimated $23,100 compared to a typical 5% commission on the median listing price of $1,155,000. 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.