Market Intelligence · NY / New York

New York, NY 10040 Housing Market

Homes in New York, NY 10040 have a typical value of $506,402, up 0.6% over the past year. The median list price sits at $450,000, with homes spending a median of 110 days on market as of September 2026.

Updated September 2026Median value$506K

The median home value in New York, NY 10040 is $506K as of September 2026, up 0.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 10040 range

$466K to $547K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.6% over 12 months

Sep 2025$503K

Low $502KHigh $510K

Sep 2026$506K

The numbers

What is the 10040 housing market like?

As of September 2026

Typical home value

$506K

0.6%YoY

Median list price

$450K

1.5%MoM

Days on market

110

11.3%MoM

Homes for sale

81.8%MoM

Price cuts

0.0%

New listings

250.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

10040 housing market forecast 2027

+2.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 10040 to rise 2.3% by September 2027.

Over the 12 months through September 2026, typical home values in 10040 rose 0.6%, per the Zillow Home Value Index.

Will home prices drop in 10040?

Zillow's forecast does not call for a drop: it expects typical home values in 10040 to rise 2.3% by September 2027, after a 0.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 10040 home prices compare?

10040$506,402
New York$1,144,542
New York$329,626
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (New York: 43 ZIPs; New York: 1,561 ZIPs; United States: 26,262 ZIPs).

Context

The 10040 ZIP has 20 homes currently for sale, with 14 new listings added as of September 2026. At 110 days median time on market, properties are taking longer to find buyers than in stronger markets. The median list price of $450,000 sits notably below the typical home value of $506,402, suggesting some pricing pressure or negotiation room. No listings have received price cuts so far this period. If you own here and are considering a sale, expect a patient selling environment.

Monthly payment

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Home price

Down payment20% · $101,280

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Common questions

What people ask us.

What is the typical home value in 10040?

The typical home value in 10040 is $506,402, up 0.6% over the past year as of September 2026.

How long do homes take to sell in 10040?

Homes in this ZIP spend a median of 110 days on market as of September 2026.

How many homes are currently for sale in 10040?

There are 20 homes for sale in 10040 as of September 2026, with 14 new listings added during that period.

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Nearby ZIP markets.

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