Are home prices going up or down in New York, NY?
In New York, NY, the typical home sold for $814,250 during May 2026. That is 2% higher than the same stretch a year ago, so prices are up.
Over the last 36 months the typical sale price in New York, NY went from $715,000 to $814,250 — up 14%.
The high point was $820,000, reached in June 2025. Today's typical sale is 1% below that.
Measured by size, homes in New York, NY are selling for about $503 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the New York, NY area, through May 2026.
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More about the New York, NY market
- When is the best month to sell a house in New York, NY?
- How long does it take to sell a house in New York, NY?
- Do homes sell above asking price in New York, NY?
- Is New York, NY a buyer's market or a seller's market?
- How many homes are for sale in New York, NY?
- All New York, NY housing numbers
Other markets
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- Are home prices going up or down in Syracuse, NY?
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Figures come from Redfin's published market data for the New York, NY area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.