New York Housing Market
Cool MarketHousing market data and trends for New York. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: January 2026
Median Sale Price
$601K
↑ 4.2% YoY
Days on Market
47 days
↑ 9.3% YoY
Active Inventory
29,030
↓ 5.8% YoY
Homes Sold
9,024
↓ 8.5% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
New York Market Summary
The New York housing market is cooling down. As of January 2026, the median home sale price is $601K, up 4.2% year-over-year. Homes are spending a median of 47 days on the market, 9.3% longer than a year ago.
There are 29,030 homes for sale — 5.8% fewer than last year. With 3.2 months of supply, this is a seller's market. 9,744 new listings were added during this period, down 11.9% year-over-year.
Homes are selling for 99.6% of their list price on average, suggesting room for negotiation. 35.0% of homes sell above their asking price. 18.0% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
68
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 42% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
New York Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Sale-to-List Ratio
Listings with Price Drops
Detailed Market Metrics
Median List Price
$656K
Price per Sq Ft
$481
Sale-to-List Ratio
99.6%
Months of Supply
3.2
Sold Above List
35.0%
Price Drops
18.0%
New Listings
9,744
↓ 11.9% YoY
Pending Sales
7,954
Metro Areas in New York
New York, NY metro area
$778K median
65 days
on market
Nassau County, NY metro area
$745K median
39 days
on market
Buffalo, NY metro area
$260K median
19 days
on market
Rochester, NY metro area
$250K median
14 days
on market
Albany, NY metro area
$325K median
30 days
on market
Poughkeepsie, NY metro area
$481K median
50 days
on market
Syracuse, NY metro area
$260K median
34 days
on market
Binghamton, NY metro area
$195K median
22 days
on market
Utica, NY metro area
$205K median
33 days
on market
Kingston, NY metro area
$443K median
71 days
on market
Jamestown, NY metro area
$140K median
40 days
on market
Glens Falls, NY metro area
$260K median
47 days
on market
Watertown, NY metro area
$205K median
94 days
on market
Elmira, NY metro area
$158K median
81 days
on market
Hudson, NY metro area
$462K median
69 days
on market
Corning, NY metro area
$177K median
108 days
on market
Plattsburgh, NY metro area
$220K median
41 days
on market
Ithaca, NY metro area
$341K median
85 days
on market
Auburn, NY metro area
$265K median
83 days
on market
Amsterdam, NY metro area
$203K median
52 days
on market
Olean, NY metro area
$150K median
36 days
on market
Batavia, NY metro area
$226K median
33 days
on market
Ogdensburg, NY metro area
$148K median
88 days
on market
Gloversville, NY metro area
$221K median
44 days
on market
Oneonta, NY metro area
$222K median
69 days
on market
Malone, NY metro area
$181K median
132 days
on market
Cortland, NY metro area
$198K median
77 days
on market
Seneca Falls, NY metro area
$276K median
56 days
on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.