In October 2024, the median sales price of residential properties in New York City reached approximately ******* U.S. dollars, down from almost ******* U.S. dollars in July 2024. This was significantly higher than the national average for existing single-family homes.

Graph and download economic data for All-Transactions House Price Index for New York (NYSTHPI) from Q1 1975 to Q1 2025 about appraisers, NY, HPI, housing, price index, indexes, price, and USA.

As compared to the previous year, the median price for home sales in Manhattan, New York decreased in the first quarter of 2023. In that quarter, the home price reached the median of **** million U.S. dollars, down from *** million U.S. dollars the year before. In other New York boroughs, such as Brooklyn, and Queens, and Bronx, the median home prices followed the opposite trend.

Graph and download economic data for Housing Inventory: Median Listing Price in New York (MEDLISPRINY) from Jul 2016 to Jun 2025 about NY, listing, median, price, and USA.

Graph and download economic data for S&P CoreLogic Case-Shiller NY-New York Home Price Index (NYXRSA) from Jan 1987 to May 2025 about New York, NY, HPI, housing, price index, indexes, price, and USA.

The average price for residential real estate in Manhattan, New York increased for luxury, new developments, and condos. Conversely, prices for re-sale and co-op properties declined slightly. In the third quarter of 2024, the average square footage price for a re-sale property was ***** U.S. dollars per square foot.

Graph and download economic data for Condo Price Index for New York, New York (NYXRCSA) from Jan 1995 to May 2025 about New York, HPI, housing, price index, indexes, price, and USA.

In 2024, the average square footage price of condos and new development condos in Brooklyn, NY declined slightly. Prices of one-to-three family homes, on the other hand, increased from *** U.S. dollars per square foot in the third quarter of 2023 to *** U.S. dollars in the third quarter of 2024.

Average House Prices in the United States decreased to 401800 USD in June from 522200 USD in May of 2025. This dataset includes a chart with historical data for the United States New Home Average Sales Price.

Graph and download economic data for Market Hotness: Median Listing Price in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (MELIPRYYMSA35620) from Aug 2017 to Jun 2025 about NJ, New York, PA, NY, listing, median, price, and USA.

The median sales price of new development condos in Brooklyn, NY was over *********** U.S. dollars in the third quarter of 2024, up from ******* U.S. dollars in the corresponding quarter in 2023. Co-op housing was the most affordable option for home buyers, with a median sales price of ******* U.S. dollars in 2024.

In the third quarter of 2024, the median sales price of new development housing in Manhattan, NY was approximately *** million U.S. dollars, up from about to **** million U.S. dollars in the third quarter of 2023. Co-op housing was the most affordable option for home buyers, with a median sales price of ******* U.S. dollars.

Housing Inventory: Median Home Size in Square Feet Year-Over-Year in New York County, NY was -4.81% in May of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Home Size in Square Feet Year-Over-Year in New York County, NY reached a record high of 7.82 in March of 2023 and a record low of -8.64 in January of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Home Size in Square Feet Year-Over-Year in New York County, NY - last updated from the United States Federal Reserve on July of 2025.

Median Home Sale Price: All Residential: Buffalo, NY data was reported at 180.000 USD th in Jul 2020. This records an increase from the previous number of 165.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Buffalo, NY data is updated monthly, averaging 130.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 180.000 USD th in Jul 2020 and a record low of 103.000 USD th in Feb 2012. Median Home Sale Price: All Residential: Buffalo, NY data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB056: Median Home Sale Price: by Metropolitan Areas.

The median house prices in the most expensive zip codes in New York reached as high as *** billion U.S. in 2023. That was the median property price in dollars in *****, Sagaponack, Suffolk County in that year. In *****, Water Mill, the median price amounted to *** million U.S. dollars. The two zip codes also ranked among the ** zip codes with the highest median house price in the entire United States.

United States Median Home Sale Price: sa: All Residential: Batavia, NY data was reported at 155.000 USD th in Jul 2020. This records an increase from the previous number of 130.000 USD th for Jun 2020. United States Median Home Sale Price: sa: All Residential: Batavia, NY data is updated monthly, averaging 106.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 155.000 USD th in Jul 2020 and a record low of 65.000 USD th in Feb 2012. United States Median Home Sale Price: sa: All Residential: Batavia, NY data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB057: Median Home Sale Price: by Metropolitan Areas: Seasonally Adjusted.

SoHo was the most expensive neighborhood in New York City, United States in the third quarter of 2024, with the median sales price of homes at 4.25 million U.S. dollars. Out of the top ten most expensive neighborhoods to buy a home, seven were in Manhattan. Cobble Hill, DUMBO, and Carroll Gardens were the only Brooklyn neighborhoods in the top ten ranking and had a median home sales price ranging between 1.6 million U.S. dollars and 1.8 million U.S. dollars.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet in New York (MEDLISPRIPERSQUFEENY) from Jul 2016 to Jun 2025 about square feet, NY, listing, median, price, and USA.

The median sales price of new homes sold in the United States increased steadily from 1965 to 2023. In 2023, a newly built home cost approximately ******* U.S. dollars. That was a decline of nearly ****** U.S. dollars and the first decrease since 2018. Prices varied greatly across different regions in the country, with the most expensive housing found in the Northeast region.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting *** U.S. dollars per square foot in 2022. In 2024, the average sales price of a new home exceeded ******* U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly ** percent year-on-year, and in 2022, the increase was even higher, at close to ** percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under ***** percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.