4-week rolling average · Data through March 12, 2026 · ZIP 10022
The Manhattan 10022 market is running hot, with a median sale price of $1,595,000 sitting notably above the median list price of $1,395,000, signaling strong buyer competition and consistent above-ask closings. At $1,139.29 per square foot and a median of just 22 days on market, well-priced properties are moving quickly across this high-demand zip code. With 673 active for-sale listings and 502 rental units available, both markets remain active but supply is not overwhelming demand.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $750K | $5K/mo |
| 2BR | $1.59M | $7K/mo |
| 3BR | $2.70M | $8K/mo |
| 4BR | $3.80M | $9K/mo |
| 5BR | $3.80M | — |
| 6BR | $7.85M | — |
| 8BR | $4.00M | — |
Sellers in 10022 are in a strong position, as homes are closing at a median of $1,595,000 despite a median list price of $1,395,000, reflecting real upward pricing pressure from buyers. With a median of only 22 days on market, correctly priced listings are attracting serious attention fast, so strategic pricing near market value is likely to yield strong results.
Buyers should be prepared for a competitive environment where final sale prices are outpacing list prices, with the median closing at $1,595,000 against a median list of $1,395,000 in this Manhattan zip code. Moving decisively matters here given the 22-day median time on market, and buyers should factor in a price per square foot of $1,139.29 when evaluating whether a listing is fairly priced.
Investors eyeing rental income will find a median rent of $5,220 in 10022, with two-bedroom units renting at $6,750 and three-bedrooms at $7,500, offering consistent cash flow potential in one of New York City's most established neighborhoods. With 502 rental units currently in inventory and purchase prices starting at $425,000 for studios, investors should carefully model their entry price against rental yields given the high per-square-foot acquisition cost of $1,139.29.
The current 30-year fixed mortgage rate of 6.00% and 15-year rate of 5.43% represent a meaningful cost of capital, especially when financing properties at Manhattan price points like the median sale price of $1,595,000. Buyers who can qualify for a 15-year term may benefit from the lower rate of 5.43%, though the higher monthly payments on a $1.5M plus purchase require careful financial planning.
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Market intelligence by FarmPosts