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Northeast🔥 Hot Market

New York Real Estate Market

2026 Housing Market Data · Live Analysis

MARKET HEAT
8
out of 10
Median Home Price
$468K
$328/sqft
YoY Appreciation
+4.2%
Year-over-year
Days on Market
22d
Median DOM
Inventory
2.2mo
Low
List-to-Sale
100%
Avg ratio
Cash Buyers
28%
of all sales
📰

New York Market Overview

New 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.

🏠 Buyer Insight

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.

📋 Seller Insight

NYC market benefits from global demand pool. Upstate sellers are in an excellent position — buyer demand far exceeds supply in most markets.

🏙️

Top Cities in New York

CityMedian PriceYoY ChangeDays on MarketPrice/Sqft
New York City$768K+4.4%28d$988
Buffalo$218K+6.8%12d$128
Rochester$188K+5.8%13d$108
Albany$268K+4.8%18d$158
📊

Market Health Indicators

Market Velocity
Active — typical transaction pace
Buyer Competition
Moderate — at or near asking
Inventory Pressure
Low — seller's market conditions
Investment Momentum
4.2% annual appreciation — solid growth
👥

Buyer Demographics

🏠
32%
First-Time Buyers
of all purchases
💵
28%
Cash Buyers
of all purchases
⏱️
48d
Avg Close Time
from offer to close
⚠️
5.8/10K
Foreclosure Rate
homes in default
🧮

Affordability Calculator — New York

🏠 Affordability Calculator
Tailored for New York market conditions
TOTAL MONTHLY PAYMENT
$3,643
per month
Principal & Interest
$2,766/mo
Property Tax
$429/mo
Insurance
$150/mo
PMI (< 20% down)
$298/mo
LOAN: $421,200TOTAL INTEREST: $574,560
Market Characteristics
#northeast#nyc-global#buffalo-value#two-markets#upstate
📊 CURRENT RATESMar 9, 2026
30-YR FIXED
15-YR FIXED
5/1 ARM
JUMBO 30-YR
WK CHANGE 30-YR: 0.04%
NY Quick Facts
Median Price$468K
Price/Sqft$328
YoY Appreciation+4.2%
Days on Market22 days
Inventory2.2 months
Active Listings48,200
List-to-Sale100.0%
Avg Close Time48 days
Market Trend🔥 Hot
RegionNortheast
Northeast Region
CTConnecticut
+6.8%
DEDelaware
+4.2%
MEMaine
+5.8%
MDMaryland
+3.8%
MAMassachusetts
+4.8%
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