Call or Text (240) SELL-123
Manhattan

NEW YORK, NY 10040

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

Market Overview

Active Listings
21
⇩ 36.4% vs 33 last year
Pending
8
38% pending ratio
Median Price
$425,000
⇩ 16.3% vs $507,750 last year
Average Price
$442,353
⇩ 11.9% vs $502,253 last year
Days on Market
74
⇩ 17.8% vs 90 days last year

Market Context

Population: 43,653  ·  Density: 29,725.8/mi²  ·  Median household income: $59,115

Typical home value: $447,053  ·  Homeownership: 14.8%

Market Analysis

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

The NEW YORK, NY real estate market (10040) currently shows 21 active listings, with 8 pending sales. Homes are averaging 74 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 74 days on market compared to 90 days last year.

The median listing price has fallen 16.3% year-over-year, from $507,750 to $425,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for NEW YORK, NY 10040 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 33 last year
  • Days on market: 74 now vs 90 last year

Median & Average Pricing

Year over Year
  • Median: $425,000 (-16.3% YoY)
  • Average: $442,353 (-11.9% 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 3.3 miles — 413 listings ($315,210,849 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
10040New York, NY 100400.0 mi21$9,289,413$425,000$442,353
10033New York, NY 100330.8 mi49$33,065,543$550,000$674,807
10452Bronx, NY 104521.4 mi23$4,482,815$149,000$194,905
10468Bronx, NY 104681.7 mi78$18,134,766$209,500$232,497
07632Englewood Cliffs, NJ 076321.9 mi18$74,323,530$4,399,944$4,129,085
10039New York, NY 100392.2 mi29$17,848,021$559,500$615,449
10458Bronx, NY 104582.3 mi32$10,316,288$199,500$322,384
10451Bronx, NY 104512.6 mi39$11,583,858$263,500$297,022
10030New York, NY 100302.8 mi43$47,733,698$707,000$1,110,086
10459Bronx, NY 104592.9 mi9$3,745,503$177,000$416,167
10037New York, NY 100373.1 mi21$11,568,396$455,000$550,876
10455Bronx, NY 104553.2 mi5$3,027,070$499,000$605,414
07631Englewood, NJ 076313.3 mi46$70,091,948$649,000$1,523,738

Frequently Asked Questions

How many homes are for sale in NEW YORK, NY 10040?

As of January 2026, there are 21 active listings in NEW YORK, NY (zip code 10040), compared to 33 the prior year.

What is the median home price in NEW YORK, NY 10040?

The median listing price in NEW YORK, NY 10040 is $425,000 as of January 2026, a 16.3% decrease from $507,750 the prior year.

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

Homes in NEW YORK, NY 10040 spend an average of 74 days on the market before going under contract, compared to 90 days the prior year.

Is it a seller's or buyer's market in NEW YORK, NY 10040?

Based on current inventory and days-on-market data as of January 2026, NEW YORK, NY 10040 is currently a Seller's Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 74 days on market compared to 90 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 10040 save an estimated $8,500 compared to a typical 5% commission on the median listing price of $425,000. 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.