Is New York, NY 10039 a buyer’s or seller’s market?
New York is a buyer’s market. With about 8.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The New York housing market right now
In the three months ending August 31, 2026, 0% of homes in New York, NY 10039 sold above their list price, the typical home went under contract in 136 days and there were 8.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (114 days then) and the median sale price rose 61% to $872,122. 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 89% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, New York 10018 (25% sold over asking) and New York 10033 (25% sold over asking) are even more competitive.
Run the numbers for 10039
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 8.6 months of supply in New York, NY 10039 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 136 days in the latest three months.
Do homes in New York sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.0% 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 $872,122 in the three months ending August 31, 2026, about $757 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