HomeMarketCap.com

How Much Does a House Cost 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. 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

Explore related pages

More New York questions

Back to hub

Review the complete metro overview, ZIP directory, and other local market research.

Explore all New York Metro market questions