Is New York, NY 10023 a buyer’s or seller’s market?

The New York housing market right now

In the three months ending August 31, 2026, 21% of homes in New York, NY 10023 sold above their list price, the typical home went under contract in 48 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 211 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold more slowly (44 days then) and the median sale price fell 6% to $1,274,449. Overall, New York is less competitive than a year ago, which gives buyers more room.

Within New York County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 91%. On our competition score, New York ranks #430 of 649 NY ZIP codes with enough sales (score 54 out of 100).

Nearby, buyers who want less competition could look at New York 10282 (0% sold over asking) or New York 10280 (0% sold over asking), while New York 10018 (25% sold over asking) and New York 10033 (25% sold over asking) are even more competitive.