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Is New York a Buyer's Market?

Only 42 of 173 tracked New York ZIPs are cooling, so this does not read as a citywide buyer's market — leverage is ZIP by ZIP. The median tracked ZIP records about 68 pending homes per 100 new listings. 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.

Key stats

  • The median tracked ZIP records about 68 pending homes per 100 new listings.
  • 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 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
median pending flow
The median tracked ZIP records about 68 pending homes per 100 new listings.
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.

Where buyers have measurable leverage

Only 42 of 173 tracked New York ZIPs are cooling, so this does not read as a citywide buyer's market — leverage is ZIP by ZIP. 13 of 173 ZIPs (8%) show faster inventory growth.

Across tracked ZIPs, the median is 68 pending homes per 100 new listings.

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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