Is New York, NY 10027 a buyer’s or seller’s market?

The New York housing market right now

In the three months ending August 31, 2026, 4% of homes in New York, NY 10027 sold above their list price, the typical home went under contract in 93 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 48 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold more slowly (53 days then) and the median sale price rose 28% to $1,214,474. Overall, New York is less competitive than a year ago, which gives buyers more room.

Within New York County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, New York ranks #609 of 649 NY ZIP codes with enough sales (score 21 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.