Upper East Side, New York, NY—10021
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Upper East Side, New York, NY
As of Oct '25, the median home price in Upper East Side, New York, NY is $1,371,000, with a year-over-year change of 0.6%. This indicates that home prices in Upper East Side, New York, NY are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,371,000 | 0.6% |
| Single Family | $4,042,000 | 11.8% |
| Condos | $1,334,000 | 0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $787,000 | 3.3% |
2 Bed | $1,602,000 | 0.3% |
3 Bed | $2,811,000 | 1.5% |
4 Bed | $4,815,000 | 4.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Upper East Side, New York, NY
As of July '25, Rentcast reports the average rent in Upper East Side, New York, NY is $5,050, with a year-over-year rent change of -2.9%. Per bedroom, the median rent as of July '25 in Upper East Side, New York, NY is studios: $3,750, 1-bedrooms: $4,610, 2-bedrooms: $6,830, 3-bedrooms: $6,340. The most common rental property sizes in Upper East Side, New York, NY are 1-bedroom and 2-bedroom, accounting for 51.8% and 21.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,500 | $5,050 |
| Studio Rent | $3,400 | $3,750 |
| 1 Bed Rent | $4,650 | $4,610 |
| 2 Bed Rent | $7,340 | $6,830 |
| 3 Bed Rent | $6,500 | $6,340 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Upper East Side, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Upper East Side, New York, NY is 56. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,500,000 | -23.0% |
Listing Count | 510 | -3.0% |
| Listings as % of Homes | 1.6% | -3.0% |
Days on Market | 56 | -22.0% |
Demographics — Upper East Side, New York, NY
As of the latest ACS Survey released in 2023, Upper East Side, New York, NY has a population of 39,500, which has decreased by -14.6% over the past 5 years. Upper East Side, New York, NY is a moderately popular place for families, as children make up 15.5% of the population. The area has a highly educated workforce, with 80.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,500 | -14.6% |
% Under 18 | 15.5% | -3.7% |
% Seniors | 24.5% | 10.4% |
% WFH | 27.7% | 301.4% |
% w/ College Degree | 80.6% | -0.1% |
As of the latest ACS Survey released in 2023, Upper East Side, New York, NY is a predominantly white area, with 79.7% of the population identifying as white. The white population has grown by 0.5% in the last 5 years. The second most common race or ethnicity in Upper East Side, New York, NY is asian, making up 9.8% of the population. Foreign-born residents account for 19.1% of the population in Upper East Side, New York, NY, and this percentage has decreased by 8.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.7% | 0.5% |
% Black | 0.6% | -33.3% |
% Hispanic | 6.7% | -15.2% |
% Asian | 9.8% | 4.3% |
% Foreign Born | 19.1% | -8.6% |
Mortgage and Risk — Upper East Side, New York, NY
According to HUD data as of 2023, there were 239 mortgage originations in Upper East Side, New York, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Upper East Side, New York, NY. Investor activity is low, as 2.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 239 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 2.0% |
% Second Loans | 9.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Upper East Side, New York, NY
Upper East Side, New York, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 159 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$880 | $4,650 | $3,770 |
| 2 Bedroom | -$3,170 | $7,340 | $4,170 |
| 3 Bedroom | -$1,300 | $6,500 | $5,200 |
| 4 Bedroom | N/A | N/A | $5,610 |
Affordability — Upper East Side, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.2 |
| Median Home Price | $1,371,000 |
| Median Household Income | $157,000 |