Downtown, NY Housing Market

$435,132

6.5% 1-yr

The average Downtown, NY home value is $435,132, up 6.5% over the past year.

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

Downtown Key Takeaways

Typical Home Values: $435,132

1-year Value Change: +6.5%

(Data through January 31, 2026)

Downtown Housing Market Overview

--1-year Market Forecast

--For sale inventory

--New listings

--Median sale to list ratio

--Median sale price

--Median list price

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(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

NameMedian ZHVI
Southwest$111,527
Near Northeast$139,604
Near Westside$101,852
University Hill--
Westside$131,886
Near Eastside$222,054
Lincoln Park$155,169
Washington Square$114,640
Wescott$258,119

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An equal housing lender. NMLS #10287.

Downtown Rental Market Trends

--Average rent in Downtown

$1,895National average rent(January 31, 2026)

--Month-over-month change

--Year-over-year change

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.