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.
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.
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
| City | Median Price | YoY Change | Days on Market | Price/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
Buyer Demographics
Affordability Calculator — New York
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