The story of this market
The typical home in ZIP 10012 sells for about $2,750,000, or $1,890 per square foot.
Prices are up +122.4% from a year ago, so sellers still have some momentum. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $5,495 a month.
ZIP 10012 — New York
The 10012 housing market is currently experiencing significant price volatility with a reported median sale price of $3.4M, reflecting a sharp year-over-year increase. Market activity remains somewhat competitive, though elevated mortgage rates continue to moderate buyer affordability. Rental demand remains strong, with average rents near $5,500 per month.
This ZIP code is best suited for affluent professionals and investors who value proximity to Manhattan's core employment and cultural hubs, as the high cost of ownership and rental premiums limit accessibility for typical family buyers.
Median prices moved up 122.4% year over year.
Homes spend a median of 92 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 10.7% — a stable, low-distress profile.
ZCTA 10012, New York County NY
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New York) — Income-Based Assessment for Affordable Rental Housing: The assessed valuation must be determined using the income approach based on actual net operating income, excluding subsidies, tax credits, or grants used for development costs. State (New York) — Real Property Tax Assessment: Real property is assessed by local jurisdictions based on a uniform percentage of value. The tax liability is calculated as (Assessed Value * Tax Rate) - Exemptions. City (New York, New York) — NYC Real Property Tax: Tax is calculated by multiplying the Taxable Billable Assessed Value by the class-specific tax rate set annually by the City Council. For Fiscal Year 2026, rates are: Class 1 (19.843%), Class 2 (12.439%), Class 3 (11.108%), and Class 4 (10.848%).
The mean travel time to work for residents is approximately 21.6 minutes, significantly lower than the broader New York metro area average.
The area is a dense urban environment featuring proximity to numerous local dining, shopping, and cultural attractions within the Greenwich Village and SoHo neighborhoods.
The rental market is characterized by high demand and rising rents, with a median market rent of $5,495 and significant pressure from limited inventory.
The local economy is driven by proximity to Manhattan's financial, creative, and professional services sectors.
The area is served by extensive New York City subway infrastructure, facilitating efficient transit to major employment centers.
Data retrieved from Census Reporter profile for ZCTA 10012.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
- American Dream4.56.9 mi
- DreamWorks Water Park4.36.8 mi
- Nickelodeon Universe Theme Park4.56.8 mi
- Area 53 - Adventure Park4.54 mi
- Color Factory NYC4.40.4 mi
- American Dream4.56.9 mi
- MetLife Stadium4.57.3 mi
- Madison Square Garden4.71.8 mi
- Yankee Stadium4.78.1 mi
- Barclays Center4.53.2 mi
- Times Square4.72.4 mi
- The Metropolitan Museum of Art4.84.2 mi
- Rockefeller Center4.72.5 mi
- Brooklyn Bridge4.81.3 mi
- Central Park4.84.3 mi
- The Metropolitan Museum of Art4.84.2 mi
- Rockefeller Center4.72.5 mi
- Empire State Building4.71.7 mi
- The Museum of Modern Art4.62.7 mi
- American Museum of Natural History4.64.1 mi
- Central Park4.84.3 mi
- 9/11 Memorial & Museum4.81.2 mi
- Bryant Park4.72.1 mi
- The High Line4.71.6 mi
- The Battery4.61.8 mi
- Pier 26 at Hudson River Park4.80.9 mi
- Pier 13 Hoboken4.52.2 mi
- Skyport Marina4.21.4 mi
- Pier 814.52.5 mi
- Liberty Landing Marina4.62.5 mi
- Van Cortlandt Park Golf Course4.312.6 mi
- 21 Golf Range Powered by Toptracer4.58.3 mi
- Forest Park Golf Course47.1 mi
- Puttery4.71.3 mi
- Dyker Beach Golf Course4.17.6 mi
- American Dream4.56.9 mi
- Chelsea Market4.61.3 mi
- Macy's4.41.8 mi
- The Mills at Jersey Gardens4.510.2 mi
- Hudson Yards4.72 mi
- Newark Liberty International Airport3.79.7 mi
- LaGuardia Airport4.17.4 mi
- Westchester County Airport428.1 mi
- Teterboro Airport4.49.8 mi
- Republic Airport4.530.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Historic district known for its cultural significance and vibrant dining scene.
Renowned for high-end retail, art galleries, and cast-iron architecture.
Key-figure check: median price diverges 24.5% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $3,425,000 (24.5% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration.