The New York income-needed indicator moved 2.99% year over year, which shifts the rent-vs-buy line — rates, taxes, insurance, and HOA costs then decide it for your budget. The median tracked ZIP has a home-value-to-annual-rent ratio of 21.0. Across tracked ZIPs the typical home value runs from $254,850 in 10462 to $3,742,256 in 10013 — a factor of 14.7. 57 of 174 tracked ZIPs (33%) show the current cooling flag.
Key stats
- The median tracked ZIP has a home-value-to-annual-rent ratio of 21.0.
- Across tracked ZIPs the typical home value runs from $254,850 in 10462 to $3,742,256 in 10013 — a factor of 14.7.
- 57 of 174 tracked ZIPs (33%) show the current cooling flag.
- The median tracked ZIP records about 68 pending homes per 100 new listings.
- Tracked ZIP markets
- 174
- Median ZIP home value
- $780,921
- Median ZIP rent
- $3,100
- metro price to rent
- The median tracked ZIP has a home-value-to-annual-rent ratio of 21.0.
- 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.
- cooling share
- 57 of 174 tracked ZIPs (33%) show the current cooling flag.
New York price-to-rent context
The median tracked ZIP has a home-value-to-annual-rent ratio of 21.0.
The income-needed indicator changed 2.99% year over year.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules
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