ZIP Code Market Report · Updated May 2026
Is 10001 a Buyer's
or Seller's Market?
📍 New York, New York · NY
88
🔥 HOT
Seller's market — move fast
12 days avg on market · Tax rate: 1.93%/yr
Mortgage Breakdown — 10001
Median Price$1,200,000
20% Down$240,000
Loan Amount$960,000
Rate (~6.7%)$6,194/mo P&I
Property Tax$1,930/mo
Total PITI$8,624/mo
Income Needed$287,466/yr
Educational purposes only. Market data is estimated. Not financial advice. Always verify with a licensed professional.
The other half of the answer
Prices tell you what a house costs here. They do not tell you whether a lender will approve the loan — and that varies more than almost anyone realises.
29.1%
of FHA applications denied in New York-Jersey City-White Plains, NY-NJ, 2025 · national 22.1%
CROSSCOUNTRY MORTGAGE, LLC
7.4% United Wholesale Mortgage
24.5% PENNYMAC LOAN SERVICES LLC
29.2% A 63.4-point spread between the busiest FHA lenders in this metro.
CFPB HMDA 2025, computed by FinanceRateCalc. Covers the highest-volume lenders published for this market, not all lenders. Rates reflect applicant mix as well as lender practice — historical observations, not predictions. CC BY 4.0, not independently reproduced.
The Denial Dispatch
One finding a week from the federal mortgage record.
One chart, three paragraphs, every Saturday. Measured, not assumed.
Get the Dispatch →