New York - NY vs Denver - CO: 2026 Housing Comparison

What this means for buyers

New York - NY is roughly 32% more expensive than Denver - CO in typical home value. Denver - CO sees more listings with price cuts (36.7% vs 16.6%), a sign of softening seller expectations.

New York vs Denver: what the numbers say

At today's 7.40% average 30-year rate with 20% down, the typical home would cost about $4,049 a month in principal and interest in New York and $3,077 in Denver, a gap of $972 a month.

Typical rent runs $3,546 in New York and $1,900 in Denver, so the mortgage payment alone is 1.1 times rent in New York and 1.6 times rent in Denver, before taxes and insurance.

Home prices are 17.2 years of rent in New York and 24.4 in Denver; the lower ratio in New York means buying there is cheaper relative to renting.

Over the last 23 months typical values moved +7.6% in New York and -4.8% in Denver; over just the last three months the change was +1.3% in New York and +0.3% in Denver.

Homes sell for 102.3% of list price in New York and 98.9% in Denver, after 33 and 30 days on the market, with price cuts on 17% and 37% of listings. The signs are mixed: New York has longer time on the market, while Denver has more price cuts and sales further below list.

The number of homes for sale is up 3% on a year ago in New York and down 1% on a year ago in Denver.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-15), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.