The median tracked New York ZIP has a typical home value of $780,921. That is a typical-value index, not a sale-price median — the two differ, which is why published figures for New York rarely match. The median tracked ZIP in New York has a typical home value of $780,921 and typical rent of $3,100 per month. Across tracked ZIPs the typical home value runs from $254,850 in 10462 to $3,742,256 in 10013 — a factor of 14.7. The median tracked ZIP has a home-value-to-annual-rent ratio of 21.0.
Key stats
- The median tracked ZIP in New York has a typical home value of $780,921 and typical rent of $3,100 per month.
- Across tracked ZIPs the typical home value runs from $254,850 in 10462 to $3,742,256 in 10013 — a factor of 14.7.
- The median tracked ZIP has a home-value-to-annual-rent ratio of 21.0.
- 57 of 174 tracked ZIPs (33%) show the current cooling flag.
- The metro income-needed indicator changed 2.99% year over year.
- Tracked ZIP markets
- 174
- Median ZIP home value
- $780,921
- Median ZIP rent
- $3,100
- housing cost spread
- Across tracked ZIPs the typical home value runs from $254,850 in 10462 to $3,742,256 in 10013 — a factor of 14.7.
- metro price to rent
- The median tracked ZIP has a home-value-to-annual-rent ratio of 21.0.
- cooling share
- 57 of 174 tracked ZIPs (33%) show the current cooling flag.
What a house costs in New York
The median tracked New York ZIP has a typical home value of $780,921. That is a typical-value index, not a sale-price median — the two differ, which is why published figures for New York rarely match.
What the figure hides
Across tracked ZIPs the typical home value runs from $254,850 in 10462 to $3,742,256 in 10013 — a factor of 14.7.
A budget does not shop the metro; it shops the ZIPs it reaches. The range above is the one that matters when the citywide figure and the listings you can see do not agree.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules