In October 2024, the median sales price of residential properties in New York City reached approximately 735,000 U.S. dollars, down from almost 794,000 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 Housing Inventory: Median Listing Price in New York (MEDLISPRINY) from Jul 2016 to Feb 2025 about NY, listing, median, 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 3.85 million U.S. dollars, down from 4.7 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 All-Transactions House Price Index for New York (NYSTHPI) from Q1 1975 to Q4 2024 about appraisers, 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 1,404 U.S. dollars per square foot.

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

The S&P Case Shiller New York Home Price Index has increased steadily in recent years. The index measures changes in the prices of existing single-family homes. The index value was equal to 100 as of January 2000, so if the index value is equal to 130 in a given month, for example, it means that the house prices increased by 30 percent since 2000. The value of the S&P Case Shiller New York Home Price Index amounted to 313.44 in August 2024. That was below the national average.

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

Between 2020 and 2022, the average square footage price of one-to-three family homes in Queens, New York increased. Existing condo prices, on the other hand, fell from 1,084 U.S. dollars per square foot in the third quarter of 2020 to 844 U.S. dollars per square foot in the third quarter of 2022.

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 635 U.S. dollars per square foot in the third quarter of 2023 to 795 U.S. dollars in the third quarter of 2024.

Average House Prices in the United States increased to 510000 USD in January from 509700 USD in December of 2024. 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 Jan 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 one million U.S. dollars in the third quarter of 2024, up from 965,000 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 549,000 U.S. dollars in 2024.

United States Median Home Sale Price: sa: Townhouse: New York, NY data was reported at 581.000 USD th in Jul 2020. This records a decrease from the previous number of 659.000 USD th for Jun 2020. United States Median Home Sale Price: sa: Townhouse: New York, NY data is updated monthly, averaging 598.000 USD th from May 2015 (Median) to Jul 2020, with 63 observations. The data reached an all-time high of 659.000 USD th in Jun 2020 and a record low of 482.000 USD th in Jul 2015. United States Median Home Sale Price: sa: Townhouse: New York, 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.

Graph and download economic data for Home Price Index (High Tier) for New York, New York (NYXRHTSA) from Jan 1987 to Jan 2025 about high tier, New York, HPI, housing, price index, indexes, price, and USA.

United States Median Home Sale Price: All Residential: New York, NY data was reported at 530.000 USD th in Jul 2020. This records an increase from the previous number of 520.000 USD th for Jun 2020. United States Median Home Sale Price: All Residential: New York, NY data is updated monthly, averaging 479.000 USD th from May 2015 (Median) to Jul 2020, with 63 observations. The data reached an all-time high of 535.000 USD th in Aug 2019 and a record low of 399.000 USD th in Oct 2015. United States Median Home Sale Price: All Residential: New York, 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 8.1 billion U.S. in 2023. That was the median property price in dollars in 11962, Sagaponack, Suffolk County in that year. In 11976, Water Mill, the median price amounted to 4.5 million U.S. dollars. The two zip codes also ranked among the 10 zip codes with the highest median house price in the entire United States.

Out of a total of 7.8 million housing units in New York City in 2021, approximately 924,700 homes had housing costs between 15 and 19 percent of the household budget. New York City is notoriously known for its shortage of affordable housing: Overall, for a large percentage of New York City residents, housing costs exceeded 35 percent.

Graph and download economic data for Housing Inventory: Median Listing Price in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (MEDLISPRI35620) from Jul 2016 to Feb 2025 about NJ, New York, PA, NY, listing, median, price, and USA.