MONEY GLOBE XNew York, NY housing market: home values, sales and rents
The typical home value in the New York, NY metro area was $730,949 in September 2026, up 4.9% over a year and up 27.7% over five years. Across the United States the typical value was $366,157 (up 1.2% over a year). Homes sold at 100.0% of their asking price, with 3.6 months of supply on the market. Typical rent was $3,546 a month. Our simple reading of these numbers: seller's market leaning.
Updated November 04, 2026.
Reading: Seller's market leaning
The numbers
| Measure | Latest | 1-year change | As of |
|---|---|---|---|
| Typical home value | $730,949 | +4.9% | September 2026 |
| Typical value — lower-priced third | $485,107 | +5.1% | September 2026 |
| Typical value — higher-priced third | $1,241,351 | +5.9% | September 2026 |
| Median sale price | $717,717 | +4.8% | August 2026 |
| Median list price | $725,000 | -3.1% | September 2026 |
| Sale price vs asking price | 100.0% | no change | August 2026 |
| Homes sold above asking | 51% | -0.5 pts | August 2026 |
| Homes sold (month) | 13,644 | -0.8% | September 2026 |
| New listings (month) | 13,500 | -2.3% | September 2026 |
| Homes for sale | 48,824 | +3.0% | September 2026 |
| Months of supply | 3.6 months | +0.1 | September 2026 |
| Sales-to-new-listings ratio | 101% | +1.5 pts | September 2026 |
| Days to an accepted offer (median) | 36 days | +3.0 | September 2026 |
| Typical rent (all homes) | $3,546 | +4.2% | September 2026 |
| Zillow market heat index seller's market on Zillow's scale (0–100) | 55 | -6.0 | September 2026 |
Typical home value (Zillow Home Value Index)
What the numbers say
- Zillow market heat index 55 of 100: seller's market on Zillow's scale (0–100).
- 3.6 months of supply: normal (3 to 6).
- The typical home sells at 100.0% of its asking price.
- Homes sold equal 101% of new listings this month, close to this city's usual pace (106% on average since 2018).
- Typical home value up 4.9% over a year.
Source: Zillow Research (zillow.com/research/data).
Metro-area statistics from Zillow Research. The sales-to-new-listings ratio and months of supply are calculated by Money Globe X from Zillow's counts of homes sold, new listings and homes for sale.
Statistics for information and education only — not real estate, financial or investment advice. Figures are monthly or yearly averages for a whole metro area; a single home or neighbourhood can differ a lot.
Nearby: other places in NY
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Updated November 04, 2026. Sources: Zillow Research. Educational information only - not financial advice.