New York, NY metro area Housing Market
Cool MarketComprehensive housing market data for the New York, NY metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$778K
↑ 0.4% YoY
Days on Market
65 days
↑ 14.0% YoY
Active Inventory
18,253
↓ 3.5% YoY
Homes Sold
4,050
↓ 12.3% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
New York, NY metro area Market Summary
The New York, NY metro area housing market is cooling down. As of January 2026, the median home sale price is $778K, up 0.4% year-over-year. Homes are spending a median of 65 days on the market, 14.0% longer than a year ago.
There are 18,253 homes for sale — 3.5% fewer than last year. With 4.5 months of supply, this is a balanced market. 5,649 new listings were added during this period, down 9.6% year-over-year.
Homes are selling for 99.1% of their list price on average, suggesting room for negotiation. 26.5% of homes sell above their asking price. 17.6% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. New York Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 84% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.
New York, NY metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$799K
Price per Sq Ft
$482
Sale-to-List Ratio
99.1%
Months of Supply
4.5
Sold Above List
26.5%
Price Drops
17.6%
New Listings
5,649
↓ 9.6% YoY
Pending Sales
3,756
Off Market in 2 Weeks
15.3%
Other Markets in New York
Nassau County, NY metro area
$745K · 39d on market
Buffalo, NY metro area
$260K · 19d on market
Rochester, NY metro area
$250K · 14d on market
Albany, NY metro area
$325K · 30d on market
Poughkeepsie, NY metro area
$481K · 50d on market
Syracuse, NY metro area
$260K · 34d on market
Binghamton, NY metro area
$195K · 22d on market
Utica, NY metro area
$205K · 33d 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.