Is New York, NY 10016 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

New York is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score22/ 100

More competitive than 17% of U.S. ZIP codes, and #606 of 649 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.6Under 4 months = seller’s market

Sold above original list6.2%Share of sales, last 3 months

Median sale-to-list99.2%Sold price ÷ list price

Median days on market91Listing to accepted offer

Median price per sq ft$1,232▼ −5.6% vs. last year

Run the numbers for 10016

Prefilled for 10016Can I win this house?Multiple-offer likelihood for a listing Prefilled for 10016Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

New York 10001Balanced $1,736 /sq ft New York 10002Buyer’s market $1,411 /sq ft New York 10003Seller’s market $1,776 /sq ft New York 10004Balanced $1,175 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology