RealTrends Market Report

New York, NY

Single-Family Homes

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New York, NY

Sat Oct 31 2026
This week the median list price for New York, NY is $599,000 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has increased to 25,111. 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

Sat Oct 31 2026
This week the median list price for New York, NY is $599,000 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has increased to 25,111. 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 $599,000
Median Price of New Listings $474,900
Per Square Foot $301
Average Days on Market 103
Median Days on Market 63
Price Decreased 35%
Price Increased 1%
Relisted 8%
Inventory 25,111
Median Rent
Market Action 37
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,500,000 2,922 0.25 - 0.5 acre 4 3 59 351 449 84
$749,000 1,851 0.25 - 0.5 acre 3 2 67 524 601 56
$429,900 1,732 0.25 - 0.5 acre 3 2 64 604 687 56
$199,000 1,400 8,000 - 10,000 sqft 3 1.5 96 648 769 56