67 of 173 tracked New York ZIPs still show rent acceleration, so the softening is uneven rather than citywide. Across tracked ZIPs the typical home value runs from $259,983 in 10462 to $3,615,687 in 10013 — a factor of 13.9. New-construction sales changed 5.10% year over year. The median tracked ZIP records about 68 pending homes per 100 new listings.
Key stats
- 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 median tracked ZIP records about 68 pending homes per 100 new listings.
- The median tracked ZIP has a home-value-to-annual-rent ratio of 20.4.
- New-construction sales changed 5.10% year over year.
- Tracked ZIP markets
- 173
- Median ZIP home value
- $767,944
- Median ZIP rent
- $3,136
- 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.
- new construction change
- New-construction sales changed 5.10% year over year.
- median pending flow
- The median tracked ZIP records about 68 pending homes per 100 new listings.
How broad is rent softening?
Metro new-construction sales changed 5.10% 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.