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: March 2026
Median Sale Price
$599K
↑ 7.3% YoY
Days on Market
57 days
↑ 9.6% YoY
Active Inventory
31,210
↓ 7.6% YoY
Homes Sold
8,271
↓ 6.1% 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 March 2026, the median home sale price is $599K, up 7.3% year-over-year. Homes are spending a median of 57 days on the market, 9.6% longer than a year ago.
There are 31,210 homes for sale — 7.6% fewer than last year. With 3.8 months of supply, this is a seller's market. 14,976 new listings were added during this period, down 3.4% year-over-year.
Homes are selling for 99.9% of their list price on average, suggesting room for negotiation. 34.4% of homes sell above their asking price. 18.8% 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 37% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
New York Market Trends
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Detailed Market Metrics
Median List Price
$684K
Price per Sq Ft
$488
Sale-to-List Ratio
99.9%
Months of Supply
3.8
Sold Above List
34.4%
Price Drops
18.8%
New Listings
14,976
↓ 3.4% YoY
Pending Sales
10,800
Metro Areas in New York
New York, NY metro area
$790K median
68 days
on market
Nassau County, NY metro area
$738K median
46 days
on market
Albany, NY metro area
$342K median
28 days
on market
Rochester, NY metro area
$256K median
9 days
on market
Buffalo, NY metro area
$253K median
30 days
on market
Poughkeepsie, NY metro area
$470K median
70 days
on market
Syracuse, NY metro area
$243K median
39 days
on market
Utica, NY metro area
$216K median
72 days
on market
Binghamton, NY metro area
$200K median
33 days
on market
Kingston, NY metro area
$443K median
84 days
on market
Jamestown, NY metro area
$143K median
72 days
on market
Glens Falls, NY metro area
$293K median
67 days
on market
Watertown, NY metro area
$238K median
120 days
on market
Elmira, NY metro area
$154K median
103 days
on market
Hudson, NY metro area
$570K median
126 days
on market
Ogdensburg, NY metro area
$130K median
79 days
on market
Corning, NY metro area
$145K median
94 days
on market
Ithaca, NY metro area
$360K median
71 days
on market
Gloversville, NY metro area
$205K median
23 days
on market
Auburn, NY metro area
$200K median
79 days
on market
Olean, NY metro area
$178K median
112 days
on market
Plattsburgh, NY metro area
$220K median
101 days
on market
Oneonta, NY metro area
$238K median
102 days
on market
Amsterdam, NY metro area
$190K median
26 days
on market
Malone, NY metro area
$159K median
67 days
on market
Batavia, NY metro area
$209K median
28 days
on market
Cortland, NY metro area
$249K median
59 days
on market
Seneca Falls, NY metro area
$184K median
76 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.