New York-Newark-Jersey City vs Philadelphia-Camden-Wilmington: Housing Market Comparison (2026)

Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · scores computed September 2026

New York-Newark-Jersey City vs Philadelphia-Camden-Wilmington side by side

Metric● New York-Newark-Jersey City● Philadelphia-Camden-Wilmington
Alpha Score4660
Price Momentum——
Inventory Health10097
Affordability730
Economic Strength4561
Rental Yield936
Median Sale Price——
Price-to-Income6.23.9
Payment-to-Income39.0%24.3%
Months of Supply——
Gross Rental Yield3.6%5.0%
Overvaluation Index4010

Highlighted = the stronger read for that metric (supply, valuation, and payment burden are better when lower). Income/rent inputs lag annually.

How New York-Newark-Jersey City and Philadelphia-Camden-Wilmington compare, dimension by dimension

  • Affordability: Philadelphia-Camden-Wilmington leads — New York-Newark-Jersey City 7/100 vs Philadelphia-Camden-Wilmington 30/100.
  • Inventory Health: New York-Newark-Jersey City leads — New York-Newark-Jersey City 100/100 vs Philadelphia-Camden-Wilmington 97/100.
  • Economic Strength: Philadelphia-Camden-Wilmington leads — New York-Newark-Jersey City 45/100 vs Philadelphia-Camden-Wilmington 61/100.
  • Rental Yield: Philadelphia-Camden-Wilmington leads — New York-Newark-Jersey City 9/100 vs Philadelphia-Camden-Wilmington 36/100.

Frequently asked questions

Which has a higher Alpha Score, New York-Newark-Jersey City or Philadelphia-Camden-Wilmington?

Philadelphia-Camden-Wilmington scores higher — 60 vs 46 out of 100. The Alpha Score is a 0-100 composite of price momentum, inventory health, affordability, economic strength, and rental yield.

Is New York-Newark-Jersey City or Philadelphia-Camden-Wilmington more affordable?

Philadelphia-Camden-Wilmington is more affordable on our affordability dimension. Price-to-income is 6.2 in New York-Newark-Jersey City and 3.9 in Philadelphia-Camden-Wilmington.

Want to swap in other cities, change the metrics, or chart the trend over time? Customize this comparison → in the interactive Compare tool. Or read the New York-Newark-Jersey City market brief and the Philadelphia-Camden-Wilmington brief.