Is New York, NY 10018 a buyer’s or seller’s market?
New York is a buyer’s market. With about 24 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 37% of U.S. ZIP codes, and #481 of 624 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 July 31, 2026. See the breakdown
The New York housing market right now
In the three months ending August 31, 2026, 25% of homes in New York, NY 10018 sold above their list price, the typical home went under contract in 63 days and there were 24 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (136 days then) and the median sale price fell 52% to $881,119. Overall, New York is more competitive than a year ago, so tougher for buyers.
Within New York County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 98%.
Nearby, buyers who want less competition could look at New York 10282 (0% sold over asking) or New York 10280 (0% sold over asking).
Run the numbers for 10018
Nearby markets
New York 10001Balanced $1,736 /sq ftNew York 10002Buyer’s market $1,411 /sq ftNew York 10003Seller’s market $1,776 /sq ftNew York 10004Balanced $1,175 /sq ft Browse all markets →Towns like New York nearby
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Questions about New York real estate
Is New York a buyer’s or seller’s market?
A buyer’s market: there were 24 months of supply in New York, NY 10018 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in New York?
The typical home went under contract in 63 days in the latest three months.
Do homes in New York sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in New York?
About 0.92% of a home’s value a year in New York County, or roughly $3,680 on a $400,000 home.
What is the median home price in New York?
The median sale price was $881,119 in the three months ending August 31, 2026, about $1,183 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology