East Harlem, New York, NY10035

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$705,000
3.4% YoY Growth
Median Household Income
$40,600
34.8% 5-Year Growth
Days on Market
91
8.0% Shorter than last year
Home Price Forecast
0.1%
Median Rent
$3,500
1.4% YoY Growth
1-Bed Rent
$3,540
23.1% YoY Growth
2-Bed Rent
$3,700
8.3% YoY Growth
3-Bed Rent
$3,940
8.5% YoY Growth

Other Zip Codes in East Harlem, New York, NY

Property Listings — East Harlem, New York, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in East Harlem, New York, NY is 91. This is a decrease of -8.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$692,0005.0%
Listing Count
51-6.0%
Listings as % of Homes0.3%-6.0%
Days on Market
91-8.0%
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Demographics — East Harlem, New York, NY

As of the latest ACS Survey released in 2023, East Harlem, New York, NY has a population of 39,100, which has increased by 9.3% over the past 5 years. East Harlem, New York, NY is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 30.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
39,1009.3%
% Under 18
20.8%14.3%
% Seniors
13.7%8.7%
% WFH
14.0%191.7%
% w/ College Degree
30.7%10.8%
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As of the latest ACS Survey released in 2023, East Harlem, New York, NY is a predominantly hispanic area, with 41.8% of the population identifying as hispanic. The hispanic population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in East Harlem, New York, NY is black, making up 38.2% of the population. Foreign-born residents account for 22.6% of the population in East Harlem, New York, NY, and this percentage has decreased by 12.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
14.1%38.2%
% Black
38.2%-6.4%
% Hispanic
41.8%-6.3%
% Asian
5.8%18.4%
% Foreign Born
22.6%-12.1%
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Mortgage and Risk — East Harlem, New York, NY

According to HUD data as of 2023, there were 36 mortgage originations in East Harlem, New York, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in East Harlem, New York, NY. Investor activity is low, as 6.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
36
% Conventional Loans
100.0%
% Government Loans
0.0%
% Investor Loans
6.0%
% Second Loans
0.0%
% Cash Out Refinance
3.0%

Loan Activity

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Rentals and Section 8 — East Harlem, New York, NY

As of 2024, the percent of homes in East Harlem, New York, NY under the Section 8 program is 22.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In East Harlem, 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
6,376
Total Units Section 8
3,126
% Rentals under Section 8
22.9%
% Occupied Section 8
89.6%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$1,330$3,540$2,210
2 Bedroom-$1,220$3,700$2,480
3 Bedroom-$840$3,940$3,100
4 Bedroom-$6,270$9,600$3,330

Affordability — East Harlem, New York, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio18.7
Median Home Price$705,000
Median Household Income$40,600

East Harlem, New York, NY — ZIP Code Boundary Map

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Frequently Asked Questions