The story of this market
The typical home in ZIP 10031 sells for about $500,000, or $716 per square foot.
Prices are down 3.6% from a year ago, which gives buyers more room to negotiate. Homes take about 95 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,769 a month.
ZIP 10031 — New York
The 10031 housing market is currently characterized as a buyer's market with declining home prices and reduced sales volume. Median sale prices fell 3.6% year-over-year to $675,000, while inventory remains limited. Several metrics, including rent and specific tax data, are not published at the ZIP level.
This ZIP is primarily suited for urban commuters and renters who prioritize proximity to Manhattan's employment and transit hubs over suburban space.
Median prices moved down 3.6% year over year.
Homes spend a median of 95 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) · unemployment 10.6% · poverty 23.9% — a mixed stability profile.
ZCTA 10031, New York County, NY
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%).
The mean travel time to work for residents is approximately 37.8 minutes, reflecting the urban density and transit-dependent nature of the area.
The area is located in Manhattan and provides access to local urban parks and proximity to major city amenities, though specific ZIP-level recreational facility counts are not published.
The local economy is integrated into the broader New York City labor market, with significant employment in professional services, education, and healthcare sectors.
The area is highly served by New York City's extensive subway and bus infrastructure, facilitating dense urban transit patterns.
Data retrieved from Census Reporter and United States Zip Codes.
- American Dream4.56.3 mi
- DreamWorks Water Park4.36.3 mi
- Nickelodeon Universe Theme Park4.56.4 mi
- Area 53 - Adventure Park4.58 mi
- Color Factory NYC4.47.6 mi
- American Dream4.56.3 mi
- MetLife Stadium4.56.5 mi
- Madison Square Garden4.75.7 mi
- Yankee Stadium4.71.3 mi
- Barclays Center4.510.1 mi
- Times Square4.75.1 mi
- The Metropolitan Museum of Art4.83.4 mi
- Rockefeller Center4.74.9 mi
- Central Park4.83.2 mi
- Brooklyn Bridge4.88.7 mi
- The Metropolitan Museum of Art4.83.4 mi
- Rockefeller Center4.74.9 mi
- Empire State Building4.75.7 mi
- The Museum of Modern Art4.64.7 mi
- American Museum of Natural History4.63.4 mi
- Central Park4.83.2 mi
- 9/11 Memorial & Museum4.88.6 mi
- Bryant Park4.75.4 mi
- The High Line4.76.1 mi
- The Battery4.69.2 mi
- Dyckman Marina4.63.1 mi
- Grand Cove Marina4.61 mi
- Van Cortlandt Park Golf Course4.35.2 mi
- 21 Golf Range Powered by Toptracer4.53.2 mi
- Pelham Bay and Split Rock Golf Courses3.78.1 mi
- Puttery4.76.6 mi
- Forest Park Golf Course410 mi
- American Dream4.56.3 mi
- Chelsea Market4.66.5 mi
- Macy's4.45.6 mi
- Hudson Yards4.75.7 mi
- Queens Center4.47.7 mi
- Newark Liberty International Airport3.715.2 mi
- LaGuardia Airport4.15.3 mi
- Westchester County Airport420.9 mi
- Teterboro Airport4.46.2 mi
- Republic Airport4.528.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price diverges 35.0% 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 $675,000 (35.0% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $675,000 (+35% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.