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

57 of 174 tracked New York ZIPs carry the cooling flag — selective, not citywide. 9 of 174 ZIPs (5%) show faster inventory growth. 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 records about 68 pending homes per 100 new listings.

Key stats

  • 9 of 174 ZIPs (5%) show faster inventory growth.
  • 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 records about 68 pending homes per 100 new listings.
  • 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
inventory growth share
9 of 174 ZIPs (5%) show faster inventory growth.
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.
median pending flow
The median tracked ZIP records about 68 pending homes per 100 new listings.

How broad is the cooling in New York?

9 of 174 ZIPs (5%) show faster inventory growth.

Sources and method

Figures are updated monthly under our editorial policy. Spotted something wrong? Report a correction.

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