Local home value data · New York, NY
What's my home worth in New York, NY?
New York is one of the country's most expensive large housing markets and one of its slower-moving ones, yet buyers keep showing up: sales volume is up slightly from a year ago even with the median price near $900,000.
What this means if you're selling in New York
A median sale price of $899,000, up just 0.5% year-over-year, describes a market that is stable rather than surging. Homes took about 58 days to sell, four days longer than the 54 days a year ago, which gives buyers a bit more time to decide and tells sellers that pricing in line with recent nearby sales matters more than aiming high and waiting.
How New York compares
New York has the highest median of the 8 markets shown, and sits 122% above the U.S. median.
Get your New York home value reviewed by a local pro
Free, no obligation, and reviewed by a real estate professional in your market.
Get Free Home ValueFrequently asked questions
Is New York a buyer's or seller's market right now?
The numbers sit closer to balanced. The median sale price is $899,000, only 0.5% higher than a year ago, and the typical home takes about 58 days to sell versus 54 last year. Demand is steady, but the longer time on market means buyers are not being forced into rushed decisions.
How long does it take to sell a home in New York?
Over the three months ending August 2026, the median home spent about 58 days on the market, up from 54 days a year earlier. Individual timelines vary a lot by borough, building type and price point, so a well-priced home in a high-demand pocket can move faster than the citywide figure.
How accurate is the New York median for my neighborhood?
The $899,000 median covers all of New York, and values can differ sharply between neighborhoods, blocks and home types. Treat it as a market-wide reference point, not a price for your property. For an estimate based on your specific address, request a free home value report, which is reviewed by a local agent.
Home values in nearby markets
Connect with a local New York pro
Thinking about selling, or just want a second opinion on your home's value? Search our free directory to find real estate agents who work in your ZIP code.
Market data (median sale price, year-over-year change, days on market, and buyer competition) sourced from Redfin, trailing 3-month data as of August 2026. Figures are approximate, change frequently, and are not a substitute for a formal appraisal or a local agent's comparative market analysis. Read more about how home value estimates work.