The story of this market
The typical home in ZIP 10009 sells for about $900,000.
Prices are down 3% from a year ago, which gives buyers more room to negotiate. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,006 a month.
ZIP 10009 — New York
The 10009 housing market shows signs of stabilization after a period of price volatility, with demand remaining steady despite broader economic headwinds. While sales volume is moderate, the rental market continues to exhibit high pressure due to limited inventory and sustained interest in the neighborhood's lifestyle amenities. Some figures, such as specific months of supply and precise active listing counts, are estimated based on available portal data as official ZCTA-level reports are not published monthly.
This ZIP is ideal for young professionals, students, and creatives who prioritize walkability, nightlife, and transit access over suburban space or family-oriented amenities.
Median prices moved down 3.0% year over year.
Homes spend a median of 65 days on market with 7.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 19.7% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 10009
The East Village experiences crime rates typical of dense Manhattan neighborhoods, with property crime being the primary concern; trends remain consistent with broader citywide fluctuations.
Schools in the area are part of NYC Public Schools, with a mix of highly-rated specialized programs and neighborhood schools that vary significantly in performance metrics.
The area is subject to standard urban flood risks and is located within NYC's coastal storm surge zones, necessitating adherence to city-mandated building resiliency standards.
Economic momentum is driven by the area's status as a cultural and nightlife hub, with ongoing small-scale infill development and adaptive reuse of historic building stock.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. 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%).
Residents benefit from excellent transit connectivity via multiple subway lines (L, F, 6) providing direct access to Midtown and Financial District employment hubs.
The ZIP features significant green space including Tompkins Square Park and proximity to the East River Park, alongside a dense concentration of dining, nightlife, and independent retail.
The rental market is highly competitive with low vacancy rates and a strong presence of both long-term residents and short-term rental activity, driving consistent upward pressure on asking rents.
The local economy is anchored by the service, hospitality, and creative sectors, with significant employment spillover from the nearby Midtown and Financial District business centers.
The area is served by a robust network of MTA subway lines and bus routes, facilitating high-frequency transit access throughout Manhattan and the outer boroughs.
Development is largely constrained by historic district designations, with current activity focused on infrastructure resiliency and selective residential modernization.
Not applicable for NYC.
Parcels are subject to NYC municipal tax and utility districts, with no independent MUD/PID structures common in other regions.
Property insurance premiums are influenced by the area's flood zone designation and the age of the building stock, with high demand for comprehensive coverage.
Not applicable for ZIP.
Not applicable for ZIP.
Not applicable for ZIP.
Data retrieved from Census Reporter and ZCTA-level ACS tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- American Dream4.57.3 mi
- DreamWorks Water Park4.37.2 mi
- Nickelodeon Universe Theme Park4.57.2 mi
- Area 53 - Adventure Park4.53.1 mi
- Color Factory NYC4.41.3 mi
- American Dream4.57.3 mi
- MetLife Stadium4.57.7 mi
- Madison Square Garden4.71.7 mi
- Yankee Stadium4.77.6 mi
- Barclays Center4.53.1 mi
- Times Square4.72.1 mi
- The Metropolitan Museum of Art4.83.7 mi
- Rockefeller Center4.72.2 mi
- Central Park4.83.9 mi
- Brooklyn Bridge4.81.7 mi
- The Metropolitan Museum of Art4.83.7 mi
- Rockefeller Center4.72.2 mi
- Empire State Building4.71.5 mi
- The Museum of Modern Art4.62.3 mi
- American Museum of Natural History4.63.7 mi
- Central Park4.83.9 mi
- 9/11 Memorial & Museum4.82.1 mi
- Bryant Park4.71.8 mi
- The High Line4.71.9 mi
- The Battery4.62.5 mi
- Pier 26 at Hudson River Park4.81.8 mi
- Pier 13 Hoboken4.52.8 mi
- Skyport Marina4.20.6 mi
- Pier 814.52.6 mi
- Liberty Landing Marina4.63.5 mi
- Van Cortlandt Park Golf Course4.312.1 mi
- 21 Golf Range Powered by Toptracer4.58.3 mi
- Forest Park Golf Course46.3 mi
- Puttery4.71.7 mi
- Dyker Beach Golf Course4.17.9 mi
- American Dream4.57.3 mi
- Chelsea Market4.61.7 mi
- Macy's4.41.6 mi
- The Mills at Jersey Gardens4.511.1 mi
- Hudson Yards4.72.1 mi
- Newark Liberty International Airport3.710.7 mi
- LaGuardia Airport4.16.5 mi
- Westchester County Airport427.5 mi
- Teterboro Airport4.410 mi
- Republic Airport4.529.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic 10-acre park serving as the neighborhood's primary green space and community hub.
A large waterfront park offering sports fields and river views, currently undergoing major reconstruction.
A famous street known for its dense concentration of restaurants, bars, and independent shops.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).