HomeMarketCap.com

Is It a Good Time to Sell a House in New York?

13 of 173 tracked New York ZIPs show inventory building, which is competition for a seller rather than for a buyer. The median tracked ZIP records about 68 pending homes per 100 new listings. Across tracked ZIPs the typical home value runs from $259,983 in 10462 to $3,615,687 in 10013 — a factor of 13.9. 42 of 173 tracked ZIPs (24%) show the current cooling flag.

Key stats

  • The median tracked ZIP records about 68 pending homes per 100 new listings.
  • Across tracked ZIPs the typical home value runs from $259,983 in 10462 to $3,615,687 in 10013 — a factor of 13.9.
  • 42 of 173 tracked ZIPs (24%) show the current cooling flag.
  • The median tracked ZIP in New York has a typical home value of $767,944 and typical rent of $3,136 per month.
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.
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.
cooling share
42 of 173 tracked ZIPs (24%) show the current cooling flag.

What a seller is competing with in New York

13 of 173 tracked New York ZIPs show inventory building, which is competition for a seller rather than for a buyer.

The median tracked ZIP records about 68 pending homes per 100 new listings, which is the clearest available read on how quickly listings are clearing.

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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