Across 53 measured ZIP markets in New York County, the median ZIP home value is $1,162,158 and the median ZIP rent is $4,737. 22.6% of measured ZIP markets show softer conditions. 15.1% of measured ZIP markets show rising price-cut pressure.
Key stats
- 22.6% of measured ZIP markets show softer conditions.
- 15.1% of measured ZIP markets show rising price-cut pressure.
- The middle ZIP home value is +78.2% versus the tracked-market benchmark.
- Month over month, the median ZIP market moved -2.6% on inventory and -1.2% on buyer competition.
- The middle ZIP rent is +94.7% versus the tracked-market benchmark.
- Measured ZIP markets
- 53
- Median ZIP home value
- $1,162,158
- Median ZIP rent
- $4,737
- Median buyer competition
- 21
Price and rent across local markets
The middle ZIP home value is +78.2% versus the tracked-market benchmark. The middle ZIP rent is +94.7% versus the tracked-market benchmark. The middle half of tracked ZIP home values runs from $802,148 to $1,499,260. The middle half of tracked ZIP rents runs from $3,962 to $5,259. Buyer competition across local ZIP markets runs from 14 at the 25th percentile to 40 at the 75th.
How broadly conditions are changing
22.6% of measured ZIP markets show softer conditions. 15.1% 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 -2.6% on inventory and -1.2% on buyer competition. 1.9% of measured ZIP markets show accelerating new-listing supply. 17.0% of measured ZIP markets show accelerating pending demand. The share of softening ZIP markets here is -8.5% versus the tracked-market benchmark.
Continue your market research
- New York Metro Metro marketContinue from the regional view to a more specific local market.
- New York housing market questionsRead a related local market question.
- Is New York Housing Market Cooling?Read a related local market question.
- New York ZIP comparison guideOpen a data-backed ZIP comparison.
- Compare 10001 vs 11233Open a data-backed ZIP comparison.
Sources and method
- HomeMarketCap.com data sources: local housing-market datasets
- HomeMarketCap.com methodology: regional aggregation rules