HomeMarketCap.com

Is the New York Real Estate Market Cooling or Slowing Down?

42 of 173 tracked New York ZIPs carry the cooling flag — selective, not citywide. 13 of 173 ZIPs (8%) show faster inventory growth. Across tracked ZIPs the typical home value runs from $259,983 in 10462 to $3,615,687 in 10013 — a factor of 13.9. The median tracked ZIP records about 68 pending homes per 100 new listings.

Key stats

  • 13 of 173 ZIPs (8%) show faster inventory growth.
  • Across tracked ZIPs the typical home value runs from $259,983 in 10462 to $3,615,687 in 10013 — a factor of 13.9.
  • The median tracked ZIP records about 68 pending homes per 100 new listings.
  • The metro income-needed indicator changed 5.38% year over year.
Tracked ZIP markets
173
Median ZIP home value
$767,944
Median ZIP rent
$3,136
inventory growth share
13 of 173 ZIPs (8%) show faster inventory growth.
housing cost spread
Across tracked ZIPs the typical home value runs from $259,983 in 10462 to $3,615,687 in 10013 — a factor of 13.9.
median pending flow
The median tracked ZIP records about 68 pending homes per 100 new listings.

How broad is the cooling in New York?

13 of 173 ZIPs (8%) show faster inventory growth.

Sources and method

Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.

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