Skip main navigation

New York, NY Housing Market

$796,062

3.2% 1-yr

The average New York, NY home value is $796,062, up 3.2% over the past year and goes to pending in around 63 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: $796,062

1-year Value Change: +3.2%

(Data through August 31, 2025)

New York Housing Market Overview

--1-year Market Forecast
18,172For sale inventory(August 31, 2025)
2,952New listings(August 31, 2025)
0.981Median sale to list ratio(July 31, 2025)
$785,000Median sale price(July 31, 2025)
$873,333Median list price(August 31, 2025)
21.5%Percent of sales over list price(July 31, 2025)
64.4%Percent of sales under list price(July 31, 2025)
63Median days to pending(August 31, 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.

Talk to a local agent
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.
Start Now
An equal housing lender. NMLS #10287.

New York Rental Market Trends

$3,989Average rent in New York(August 31, 2025)
$2,007National average rent(August 31, 2025)
0.9%Month-over-month change(August 31, 2025)
5.7%Year-over-year change(August 31, 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