Skip main navigation

New York, NY Housing Market

$808,970

3.5% 1-yr

The average New York, NY home value is $808,970, up 3.5% over the past year and goes to pending in around 49 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

New York Key Takeaways

Typical Home Values: $808,970

1-year Value Change: +3.5%

(Data through June 30, 2025)

New York Housing Market Overview

--1-year Market Forecast
15,956For sale inventory(June 30, 2025)
3,370New listings(June 30, 2025)
0.978Median sale to list ratio(May 31, 2025)
$745,000Median sale price(May 31, 2025)
$891,333Median list price(June 30, 2025)
20.2%Percent of sales over list price(May 31, 2025)
66.9%Percent of sales under list price(May 31, 2025)
49Median days to pending(June 30, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

Move forward with a local partner

Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.
An equal housing lender. NMLS #10287.

New York Rental Market Trends

$3,936Average rent in New York(June 30, 2025)
$2,069National average rent(June 30, 2025)
1.4%Month-over-month change(June 30, 2025)
4.5%Year-over-year change(June 30, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

More on Zillow Research