Typical home value trend in New York Area
Across 171 tracked ZIPs in New York Area, typical home values range from $254,850 in ZIP 10462 to $3,742,256 in ZIP 10013 — a 14.7x spread around a median of $780,921.
The median tracked ZIP home value in New York Area rose 3.1% over the last 12 months, from $754,949 to $778,078.
Typical rent trend in New York Area
Typical rent across 155 tracked ZIPs runs from $2,014 in ZIP 10309 to $8,847 in ZIP 10007.
The median tracked ZIP rent in New York Area rose 2.1% over the last 12 months, from $3,042 to $3,104.
Supply trend in New York Area
Tracked ZIPs list 18,245 homes for sale in total, from 5 in ZIP 10454 to 523 in ZIP 10022. 75 of 173 tracked ZIPs (43%) recorded rising for-sale inventory in the latest month. The median tracked ZIP has price cuts on 14.0% of listings; the highest share is in ZIP 10310 at 27.4%.
Buyer competition and pending activity in New York Area
75 homes went pending for every 100 new listings. Buyer competition is strongest in ZIP 10467, with a 160 competition index, and weakest in ZIP 10004. Pending homes per 100 new listings range from 35 in ZIP 10280 to 120 in ZIP 10044 across tracked ZIPs.