The New York income-needed indicator moved 5.38% 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 20.4. 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 has a home-value-to-annual-rent ratio of 20.4.
- 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 records about 68 pending homes per 100 new listings.
- Tracked ZIP markets
- 173
- Median ZIP home value
- $767,944
- Median ZIP rent
- $3,136
- metro price to rent
- The median tracked ZIP has a home-value-to-annual-rent ratio of 20.4.
- 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.
New York price-to-rent context
The median tracked ZIP has a home-value-to-annual-rent ratio of 20.4.
The income-needed indicator changed 5.38% year over year.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.