Housing Insights for ZIP Code 10018 (New York, NY)

Housing Summary for ZIP Code 10018

Homeowners

The median home value in ZIP Code 10018 (New York, NY) is $738,100. Approximately 11.1% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 1.5%.

The average occupancy of owner-occupied units in ZIP Code 10018 is 1.98 occupants, while owner-occupied units have an aggregate average size of 1.09 bedrooms per housing unit.

Renters

In the 10018 ZIP Code, an estimated 88.9% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 6.3%.

Among renter-occupied units in this ZIP, the average occupancy is 1.83 occupants, while renters in this New York County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 10018

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 10018.

ZIP 10018 New York U.S.
Median Home Value $738,100 $487,737 $356,002
Owner-Occupied Housing Units 11.1% 53.9% 64.0%
Homeowner Vacancy Rate 1.5% 1.7% 1.6%
Average Size of Owner-Occupied Unit 1.98 2.74 2.70
Average # of Bedrooms Per Unit 1.09 2.48 2.75
Median Housing Rent $0 $1,280 $1,062
Renter-Occupied Housing Units 88.9% 46.1% 36.0%
Rental Vacancy Rate 6.3% 4.2% 6.0%
Average Size of Renter-Occupied Unit 1.83 2.41 2.49
Percent of Income Spent on Rent 0% 30.25% 29.83%

Home Values in ZIP Code 10018 (New York, NY)

The median home value in ZIP Code 10018 is $738,100. That median value is about 135% higher than the median home value of $313,700 in New York overall, and is 239% higher than the $217,500 the median home value in the entire U.S. Approximately 40.8% of homes in ZIP Code 10018 are valued $500,000 to $999,999. That is 92% higher than in the state of New York, in which 21.2% of homes are valued at $500,000 to $999,999, and is about 258% higher than in the U.S. overall (11.4% of homes valued at $500,000 to $999,999). The home value range that the smallest portion of ZIP Code 10018 homes fall into is $50,000 to $99,999 (0.0% of homes).

Home Values in ZIP Code 10018

This chart visualizes the breakdown of home values in ZIP Code 10018, New York, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 10018 vs. home values in both the state of New York and in the U.S. overall.

Home Values in ZIP Code 10018

See the table below for a regional comparison of home values in ZIP Code 10018.

Home Value ZIP 10018 New York U.S.
Less than $50,000 1.7% 4.4% 6.9%
$50,000 to $99,999 0.0% 9.9% 12.0%
$100,000 to $149,999 10.1% 10.8% 13.3%
$150,000 to $199,999 3.8% 9.6% 14.0%
$200,000 to $299,999 1.7% 13.6% 19.6%
$300,000 to $499,999 4.2% 22.9% 19.3%
$500,000 to $999,999 40.8% 21.2% 11.4%
$1,000,000 or more 37.7% 7.7% 3.4%

Home Ages in ZIP Code 10018 (New York, NY)

Approximately 38.4% of homes in this New York, NY region were built in 2000 to 2009. This amount of homes built in 2000 to 2009 in ZIP Code 10018 is about 510% higher than percentage of homes built in this time period in New York overall (6.3% of homes), and is 174% higher the percentage (14.0% of homes) in the U.S. as a whole. Additionally, an esimated 24.4% of local homes were built in 1939 or earlier. On the other end of the scale, just 0.9% of homes in this New York County ZIP Code were built in 2014 or later in ZIP Code 10018. In comparison, 1.1% of homes in New York overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 10018

A detailed regional comparison of home ages in ZIP Code 10018.

Year Built ZIP 10018 New York U.S.
2014 or later 0.9% 1.1% 2.5%
2010 to 2013 20.2% 1.6% 2.7%
2000 to 2009 38.4% 6.3% 14.0%
1990 to 1999 4.0% 6.2% 13.9%
1980 to 1989 3.6% 7.5% 13.4%
1970 to 1979 2.2% 9.9% 15.2%
1960 to 1969 1.6% 12.5% 10.6%
1950 to 1959 3.4% 14.7% 10.3%
1940 to 1949 1.2% 8.1% 4.9%
1939 or earlier 24.4% 32.1% 12.6%

Age of Homes in ZIP Code 10018

See the chart below for details on the age of homes in ZIP Code 10018, New York, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 10018

Frequently asked questions about housing in this New York, NY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 10018.

1

What is the average home value ZIP Code 10018?

The median home value in ZIP Code 10018 (New York, NY) is $738,100.
2

Are homes expensive in ZIP Code 10018?

The median home value in 10018 ($738,100) is an estimated 135% higher than the aggregate median value of $313,700 in New York, and is 239% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 10018?

The vacacy rate for owner-occupied housing in ZIP Code 10018 is 1.5%. This rate is 12% lower than the overall New York owner-occupied vacancy rate of 1.7%. Additionally, the 10018 vacancy rate is 6% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 10018 have older homes or newer construction?

In ZIP Code 10018, about 38.4% of homes were built in 2000 to 2009. That time range includes the most home construction. Also, 24.4% of homes in the region were built in 1939 or earlier. In contrast, 0.9% of homes in 10018 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 10018? Are there more rentals or owner-occupied units?

There is more renter-occupied housing in 10018 than owner-occupied housing. Renter-occupied units make up 88.9% of housing, compared to 11.1% for owner-occupied units.
6

Are rental vacancy rates high in ZIP Code 10018?

The vacacy rate for rental units in ZIP Code 10018 is 6.3%. This rate is 50% higher than the overall New York vacancy rate of 4.2%. Additionally, the 10018 vacancy rate is 5% higher than the entire U.S. vacancy rate of 6.0%.