Carnegie Hill / UES, New York, NY—10128
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carnegie Hill / UES, New York, NY
As of Oct '25, the median home price in Carnegie Hill / UES, New York, NY is $1,156,000, with a year-over-year change of 2.6%. This indicates that home prices in Carnegie Hill / UES, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,156,000 | 2.6% |
| Single Family | $1,436,000 | 7.8% |
| Condos | $1,148,000 | 3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $716,000 | 5.3% |
2 Bed | $1,393,000 | 1.4% |
3 Bed | $2,603,000 | 2.4% |
4 Bed | $4,541,000 | 4.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Carnegie Hill / UES, New York, NY
As of July '25, Rentcast reports the average rent in Carnegie Hill / UES, New York, NY is $4,960, with a year-over-year rent change of 3.5%. Per bedroom, the median rent as of July '25 in Carnegie Hill / UES, New York, NY is studios: $3,420, 1-bedrooms: $4,510, 2-bedrooms: $6,180, 3-bedrooms: $6,660, 4-bedrooms: $5,680. The most common rental property sizes in Carnegie Hill / UES, New York, NY are 1-bedroom and 2-bedroom, accounting for 51.9% and 20.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,600 | $4,960 |
| Studio Rent | $3,400 | $3,420 |
| 1 Bed Rent | $4,500 | $4,510 |
| 2 Bed Rent | $6,260 | $6,180 |
| 3 Bed Rent | $7,200 | $6,660 |
| 4 Bed Rent | $6,400 | $5,680 |
% of Rental Stock
Property Listings — Carnegie Hill / UES, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Carnegie Hill / UES, New York, NY is 60. 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,380,000 | -2.0% |
Listing Count | 296 | -14.0% |
| Listings as % of Homes | 1.0% | -14.0% |
Days on Market | 60 | -8.0% |
Demographics — Carnegie Hill / UES, New York, NY
As of the latest ACS Survey released in 2023, Carnegie Hill / UES, New York, NY has a population of 59,000, which has remained stable by -0.4% over the past 5 years. Carnegie Hill / UES, New York, NY is a less popular place for families, as children make up 13.5% of the population. The area has a highly educated workforce, with 77.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 59,000 | -0.4% |
% Under 18 | 13.5% | -6.2% |
% Seniors | 22.5% | 21.0% |
% WFH | 25.7% | 213.4% |
% w/ College Degree | 77.5% | -5.5% |
As of the latest ACS Survey released in 2023, Carnegie Hill / UES, New York, NY is a predominantly white area, with 67.4% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Carnegie Hill / UES, New York, NY is hispanic, making up 12.6% of the population. Foreign-born residents account for 24.8% of the population in Carnegie Hill / UES, New York, NY, and this percentage has increased by 8.3% 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 | 67.4% | -5.2% |
% Black | 5.4% | 45.9% |
% Hispanic | 12.6% | 2.4% |
% Asian | 10.5% | 6.1% |
% Foreign Born | 24.8% | 8.3% |
Mortgage and Risk — Carnegie Hill / UES, New York, NY
According to HUD data as of 2023, there were 358 mortgage originations in Carnegie Hill / UES, New York, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Carnegie Hill / UES, New York, NY. Investor activity is low, as 3.0% 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 | 358 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 3.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Carnegie Hill / UES, New York, NY
As of 2024, the percent of homes in Carnegie Hill / UES, New York, NY under the Section 8 program is 2.5%. 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 Carnegie Hill / UES, 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 | 1,707 |
Total Units Section 8 | 540 |
% Rentals under Section 8 | 2.5% |
% Occupied Section 8 | 91.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$730 | $4,500 | $3,770 |
| 2 Bedroom | -$2,090 | $6,260 | $4,170 |
| 3 Bedroom | -$2,000 | $7,200 | $5,200 |
| 4 Bedroom | -$790 | $6,400 | $5,610 |
Affordability — Carnegie Hill / UES, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.4 |
| Median Home Price | $1,156,000 |
| Median Household Income | $149,000 |