Upper West Side, New York, NY10069

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,844,000
3.7% YoY Growth
Median Household Income
$226,000
104.4% 5-Year Growth
Days on Market
106
3.0% Shorter than last year
Home Price Forecast
0.1%
Median Rent
$5,500
3.8% YoY Growth
1-Bed Rent
$5,250
9.6% YoY Growth
2-Bed Rent
$8,760
5.8% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Upper West Side, New York, NY

As of Aug '25 and according to Realtor.com, the median days on market for a home in Upper West Side, New York, NY is 106. This is an decrease of -3.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$2,500,000-1.0%
Listing Count
66N/A
Listings as % of Homes1.8%N/A
Days on Market
106-3.0%
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Demographics — Upper West Side, New York, NY

MetricLatest CensusYoY % Change
Population
6,67031.2%
% Under 18
24.8%10.2%
% Under 5N/AN/A
% Seniors
7.9%16.2%
% WFH
14.7%93.4%
% w/ College Degree
91.0%3.9%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
44.2%-28.0%
% Black
3.0%3.4%
% Hispanic
8.3%654.5%
% Asian
29.2%-4.6%
% Foreign Born
29.6%-2.0%
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Mortgage and Risk — Upper West Side, New York, NY

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Upper West Side, New York, NY in that year was 38. 100.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 65.0%. Of those, 0.0% were >90% loan to value. This is considered normal, suggesting that mortgage risk is small in Upper West Side, New York, NY. Investor activity in Upper West Side, New York, NY is low, as 3.0% of all loans are originated by investors. In 2023, 0.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
38N/AN/A
% Conventional Loans
100.0%N/AN/A
% Government Loans
0.0%N/AN/A
% Investor Loans
3.0%N/AN/A
% Second Loans
5.0%N/AN/A
% Cash Out Refinance
0.0%N/AN/A
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Rentals and Section 8 — Upper West Side, New York, NY

As of 2024, the percent of homes in Upper West Side, New York, NY under the Section 8 program is 0.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
28
Total Units Section 8
28
% Rentals under Section 8
0.9%
% Occupied Section 8
88.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$1,480$5,250$3,770
2 Bedroom-$4,590$8,760$4,170
3 BedroomN/AN/A$5,200
4 BedroomN/AN/A$5,610

Affordability — Upper West Side, New York, NY

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio8.3N/AN/A
Median Home Price$1,844,000N/AN/A
Median Household Income$226,000N/AN/A

Upper West Side, New York, NY — ZIP Code Boundary Map

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