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New York-Newark-Jersey City Housing Market
$699,658
3.2% 1-yrThe average New York-Newark-Jersey City home value is $699,658, up 3.2% over the past year and goes to pending in around 45 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.
New York-Newark-Jersey City Key Takeaways
Typical Home Values: $699,658
1-year Value Change: +3.2%
(Data through December 31, 2025)
New York-Newark-Jersey City Housing Market Overview
1.2%1-year Market Forecast(January 31, 2026)
41,945For sale inventory(December 31, 2025)
8,688New listings(December 31, 2025)
1.000Median sale to list ratio(November 30, 2025)
$658,667Median sale price(November 30, 2025)
$731,333Median list price(December 31, 2025)
46.3%Percent of sales over list price(November 30, 2025)
41.8%Percent of sales under list price(November 30, 2025)
45Median days to pending(January 31, 2026)
(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.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Purdys
- NameMedian ZHVI
- Heritage Hills$628,082
- Shenorock$568,321
- Peach Lake$573,870
- Carmel Hamlet$551,487
- Brewster Hill$496,115
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New York-Newark-Jersey City Rental Market Trends
$3,232Average rent in New York-Newark-Jersey City(January 31, 2026)
$1,895National average rent(January 31, 2026)
-0.1%Month-over-month change(January 31, 2026)
4.3%Year-over-year change(January 31, 2026)
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.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.