Across 53 measured ZIP markets in New York County, the median ZIP home value is $1,118,052 and the median ZIP rent is $4,756. 20.8% of measured ZIP markets show softer conditions. 1.9% of measured ZIP markets show rising price-cut pressure.
Key stats
- 20.8% of measured ZIP markets show softer conditions.
- 1.9% of measured ZIP markets show rising price-cut pressure.
- The middle ZIP home value is +75.4% versus the tracked-market benchmark.
- Month over month, the median ZIP market moved -7.3% on inventory and +9.3% on buyer competition.
- The middle ZIP rent is +95.1% versus the tracked-market benchmark.
- Measured ZIP markets
- 53
- Median ZIP home value
- $1,118,052
- Median ZIP rent
- $4,756
- Median buyer competition
- 24
Price and rent across local markets
The middle ZIP home value is +75.4% versus the tracked-market benchmark. The middle ZIP rent is +95.1% versus the tracked-market benchmark. The middle half of tracked ZIP home values runs from $775,794 to $1,458,295. The middle half of tracked ZIP rents runs from $3,918 to $5,267. Buyer competition across local ZIP markets runs from 17 at the 25th percentile to 40 at the 75th.
How broadly conditions are changing
20.8% of measured ZIP markets show softer conditions. 1.9% of measured ZIP markets show rising price-cut pressure. 1.9% of measured ZIP markets show a recent inventory spike. Month over month, the median ZIP market moved -7.3% on inventory and +9.3% on buyer competition. 0.0% of measured ZIP markets show accelerating new-listing supply. 9.4% of measured ZIP markets show accelerating pending demand. The share of softening ZIP markets here is -0.1% versus the tracked-market benchmark.
Continue your market research
- New York Metro City marketContinue from the regional view to a more specific local market.
- New York housing market questionsRead a related local market question.
- Is the New York Real Estate Market Cooling or Slowing Down?Read a related local market question.
- New York ZIP comparison guideOpen a data-backed ZIP comparison.
- Compare 10001 vs 11416Open a data-backed ZIP comparison.
Sources and method
- HomeMarketCap.com data sources: local housing-market datasets
- HomeMarketCap.com methodology: regional aggregation rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.