New York - NY housing market

The typical home value ($737,078) is the Zillow Home Value Index for the New York - NY metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 4.3% over the past year. In New York - NY, that means a home worth $706,690 last year is now worth roughly $737,078.

The median sale price, what homes actually close for, is $676,838. Homes are selling at 102.0% of list price, meaning buyers are typically paying at or above asking.

Homes listed in New York - NY sit on the market for roughly 27 days before going pending. Shorter = seller's market; longer = buyer's market.

About 15.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 14,841 new listings hit the market each month in New York - NY. There are currently 49,835 homes for sale, up 1.6% from a year ago.

The typical monthly rent in New York - NY is $3,627, up 4.5% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.9x, toss-up (#99 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $3,789 a month in principal and interest, $162 more than renting before taxes, insurance and upkeep. The two break even at a 6.24% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →