East Village, New York, NY—10009
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in East Village, New York, NY
Home Price Trends — East Village, New York, NY
As of Oct '25, the median home price in East Village, New York, NY is $988,000, with a year-over-year change of 4.9%. This indicates that home prices in East Village, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $988,000 | 4.9% |
| Single Family | N/A | N/A |
| Condos | $944,000 | 4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $770,000 | 2.5% |
2 Bed | $1,205,000 | 2.6% |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — East Village, New York, NY
As of July '25, Rentcast reports the average rent in East Village, New York, NY is $5,030, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in East Village, New York, NY is studios: $3,400, 1-bedrooms: $4,150, 2-bedrooms: $5,290, 3-bedrooms: $6,500, 4-bedrooms: $8,350. The most common rental property sizes in East Village, New York, NY are 1-bedroom and 2-bedroom, accounting for 39.9% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,900 | $5,030 |
| Studio Rent | $3,000 | $3,400 |
| 1 Bed Rent | $4,000 | $4,150 |
| 2 Bed Rent | $5,240 | $5,290 |
| 3 Bed Rent | $6,900 | $6,500 |
| 4 Bed Rent | $8,000 | $8,350 |
% of Rental Stock
Property Listings — East Village, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in East Village, New York, NY is 63. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,260,000 | 3.0% |
Listing Count | 69 | 1.0% |
| Listings as % of Homes | 0.2% | 1.0% |
Days on Market | 63 | 22.0% |
Demographics — East Village, New York, NY
As of the latest ACS Survey released in 2023, East Village, New York, NY has a population of 58,300, which has remained stable by 0.7% over the past 5 years. East Village, New York, NY is a less popular place for families, as children make up 10.4% of the population. The area has a highly educated workforce, with 62.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 58,300 | 0.7% |
% Under 18 | 10.4% | -6.3% |
% Seniors | 16.5% | 7.8% |
% WFH | 23.2% | 286.7% |
% w/ College Degree | 62.6% | 5.2% |
As of the latest ACS Survey released in 2023, East Village, New York, NY is a predominantly white area, with 50.6% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in East Village, New York, NY is hispanic, making up 24.4% of the population. Foreign-born residents account for 25.4% of the population in East Village, New York, NY, and this percentage has increased by 12.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 50.6% | -1.2% |
% Black | 8.6% | -8.5% |
% Hispanic | 24.4% | -1.6% |
% Asian | 12.9% | -0.8% |
% Foreign Born | 25.4% | 12.4% |
Mortgage and Risk — East Village, New York, NY
According to HUD data as of 2023, there were 58 mortgage originations in East Village, New York, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in East Village, New York, NY. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 58 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 5.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — East Village, New York, NY
As of 2024, the percent of homes in East Village, New York, NY under the Section 8 program is 4.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In East Village, New York, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 5,882 |
Total Units Section 8 | 1,210 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 93.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$1,360 | $4,000 | $2,640 |
| 2 Bedroom | -$2,320 | $5,240 | $2,920 |
| 3 Bedroom | -$3,260 | $6,900 | $3,640 |
| 4 Bedroom | -$4,070 | $8,000 | $3,930 |
Affordability — East Village, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 12 |
| Median Home Price | $988,000 |
| Median Household Income | $88,000 |