RealTrends Market Report

New York, NY

Single-Family Homes

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New York, NY

Mon Jul 20 2026
This week the median list price for New York, NY is $637,999 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 22,424. Click here to stay informed with the New York market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

New York, NY

Mon Jul 20 2026
This week the median list price for New York, NY is $637,999 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 22,424. Click here to stay informed with the New York market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the New York market.
Median List Price $637,999
Median Price of New Listings $474,900
Per Square Foot $323
Average Days on Market 93
Median Days on Market 42
Price Decreased 30%
Price Increased 1%
Relisted 7%
Inventory 22,424
Median Rent
Market Action 41
Slight Seller's Advantage

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,599,000 3,000 0.25 - 0.5 acre 4 3.5 60 384 431 63
$779,000 1,917 0.25 - 0.5 acre 4 2.5 66 600 585 42
$460,000 1,728 0.25 - 0.5 acre 3 2 62 736 670 42
$199,900 1,404 8,000 - 10,000 sqft 3 1.5 93 883 703 35