New York housing market
Statewide listing data for September 2026, the latest month Realtor.com® Economic Research has published, with two years of history. Checked October 8, 2026.
New York at a glance
NortheastSource: Realtor.com® Economic Research (New York, September 2026). Asking prices and active listings, not closed sales.
What the data says
- There are 4.8% more homes for sale in New York than a year ago.
- The median asking price is down 6.8% from a year ago.
- 11% of active listings have had at least one price reduction.
- The typical listing spends 61 days on the market, 4 days shorter than a year ago.
Repeat sales and appraisals of the same homes, published quarterly with a lag of about two months.
Two-year trend
Median listing price, New York
| Period | Value |
|---|---|
| 2024-09-01 | $649K |
| 2024-10-01 | $649K |
| 2024-11-01 | $649K |
| 2024-12-01 | $637K |
| 2025-01-01 | $647K |
| 2025-02-01 | $650K |
| 2025-03-01 | $695K |
| 2025-04-01 | $699K |
| 2025-05-01 | $699K |
| 2025-06-01 | $687K |
| 2025-07-01 | $663K |
| 2025-08-01 | $650K |
| 2025-09-01 | $649K |
| 2025-10-01 | $649K |
| 2025-11-01 | $649K |
| 2025-12-01 | $642K |
| 2026-01-01 | $640K |
| 2026-02-01 | $650K |
| 2026-03-01 | $675K |
| 2026-04-01 | $689K |
| 2026-05-01 | $687K |
| 2026-06-01 | $689K |
| 2026-07-01 | $665K |
| 2026-08-01 | $615K |
| 2026-09-01 | $605K |
Homes for sale, New York
| Period | Value |
|---|---|
| 2024-09-01 | 37K |
| 2024-10-01 | 37K |
| 2024-11-01 | 36K |
| 2024-12-01 | 32K |
| 2025-01-01 | 29K |
| 2025-02-01 | 29K |
| 2025-03-01 | 30K |
| 2025-04-01 | 32K |
| 2025-05-01 | 36K |
| 2025-06-01 | 38K |
| 2025-07-01 | 39K |
| 2025-08-01 | 38K |
| 2025-09-01 | 39K |
| 2025-10-01 | 39K |
| 2025-11-01 | 37K |
| 2025-12-01 | 33K |
| 2026-01-01 | 30K |
| 2026-02-01 | 29K |
| 2026-03-01 | 30K |
| 2026-04-01 | 33K |
| 2026-05-01 | 37K |
| 2026-06-01 | 40K |
| 2026-07-01 | 40K |
| 2026-08-01 | 39K |
| 2026-09-01 | 41K |
Listings follow a seasonal pattern each year; compare a month with the same month a year earlier.
New York compared with the U.S.
Compare with another state| Measure | New York | United States |
|---|---|---|
| Median listing price | $605,000 (−6.8% y/y) | $419,250 (−1.4% y/y) |
| Homes for sale | 40,537 (+4.8% y/y) | 1,161,615 (+5.4% y/y) |
| Median days on market | 61 days (−4 days y/y) | 61 days (Unchanged y/y) |
| Listings with a price cut | 11.2% (+1.4 pts y/y) | 20.8% (+0.9 pts y/y) |
| Median list price per sq ft | $378 (−4.4% y/y) | $223 (−1.7% y/y) |
Sources: Realtor.com® Economic Research (New York, September 2026); Realtor.com® Economic Research (United States, September 2026). “y/y” is the change from the same month a year earlier.
An affordability illustration
Run your own numbersThe inputs
- Median listing price (September 2026)$605,000
- Down payment20% ($121,000)
- Loan amount$484,000
- Rate: 30-year fixed, national (Week of Oct 1, 2026)7.28%
- Median household income, New York (2025)$86,900
This is an illustration, not a lender calculation. It leaves out property taxes, homeowners insurance, mortgage insurance and HOA dues, which can add several hundred dollars or more a month. The rate is a national average for strong-credit borrowers; your rate may differ.
Sources: Realtor.com® Economic Research (New York, September 2026); Freddie Mac Primary Mortgage Market Survey, via FRED, Federal Reserve Bank of St. Louis (United States, Week of Oct 1, 2026); U.S. Census Bureau, Current Population Survey, via FRED, Federal Reserve Bank of St. Louis (New York, 2025).
Editor’s notes on New York
Written March 2026; conditions may have changedNew York State is two completely different markets: the NYC metro area (one of the most expensive markets on earth) and Upstate NY (some of the best value markets in the Northeast). Buffalo and Rochester are among the hottest markets by appreciation metrics, driven by extreme affordability and improving economies. NYC itself faces structural supply challenges with no near-term relief.
For buyers
Buffalo is a remarkable value story — some of the fastest appreciation in the country at still-low absolute prices. Upstate NY broadly offers tremendous value for remote workers.
For sellers
NYC market benefits from global demand pool. Upstate sellers are in an excellent position — buyer demand far exceeds supply in most markets.
These notes are background written by our editors in March 2026, before the data above. Where they differ, the dated figures on this page are more current.