10002 Housing Market Report May 2025•New York County, New York

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Housing Prices in 10002, NY

How much do homes in 10002, NY cost?

Housing Market Conditions

Is 10002, NY a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

10002 is a Buyer's Market

Difference Since April 2025

Last month, 10002 has remained a Buyer's Market.

Insight

10002 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,660,000$1,676/SqFt
+$260,000
+18.6%

Based on all homes sold in May 2025

Insight

Homes in 10002 have sold for 18.6% more than they did a month ago.

Summary: The median home sold price in 10002 was $1,660,000 in May 2025, up 18.6% from last month, and the median price per square foot was $1,676.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1$1.3M$1.2M
-11.6%
2$1.6M$1.8M
+13.2%
3-$1.9M
N/A
4-$15.6M
N/A
5-$7.7M
N/A

Summary: 10002 housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes decreased by -11.6%. The home price for 2 bedroom homes increased by +13.2%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 10002, NY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

10002, NY

Housing supply in 10002, NY

How many homes are available in 10002, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
144Last MonthMay 2025
1462 months agoApr 2025
-1.4 %
Change MoMApr – May

Summary: The 10002 real estate market had 144 homes for sale in May 2025, a 1.4 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
10Last MonthMay 2025
122 months agoApr 2025
-16.7 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
16260
-3.2%
25854
-6.9%
32124
+14.3%
444
0.0%
512
+100.0%

Summary: 10002 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -3.2%. The inventory for 2 bedroom homes decreased by -6.9%. The inventory for 3 bedroom homes increased by +14.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in 10002, NY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price7 Homes

Under Asking Price3 Homes

Insight

If you're buying a home in 10002, expect to pay close to the asking price. 70% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in 10002 in May 2025, down by 16.7% month-over-month. Of the 10 sold homes, 30% were sold under asking, 70% were sold at asking, and and 0% were sold over asking.

Days on Market for 10002, NY

How long does it take to sell a home in 10002, NY?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days2 Homes

Over 90 Days6 Homes

Insight

Most homes in 10002 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2025, 10 homes were sold in 10002; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
185 DaysLast MonthMay 2025
178 Days1 month agoApr 2025
+3.9 %
Change MoMApr – May

Summary: Homes in 10002 had an average listing age of 185 days in May 2025, up by 3.9% compared to the previous month.

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Newest Listings in 10002, NY

What homes are available in 10002, NY?

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Based on information from Real Estate Board of New York, OneKey MLS, and Brooklyn MLS for the period 04/01/2025 - 06/01/2025

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Last updated on: 6/25/2025, 12:55:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/24/2025, 11:56:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2025 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/25/2025, 12:55:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.