New York-Newark-Jersey City vs Phoenix, AZ: Housing Market Comparison (2026)
Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · scores computed October 2026
New York-Newark-Jersey City vs Phoenix, AZ side by side
| Metric | ● New York-Newark-Jersey City | ● Phoenix, AZ |
|---|---|---|
| Alpha Score | 35 | 35 |
| Price Momentum | 80 | 11 |
| Inventory Health | 35band 5 of 5 | 81band 5 of 5 |
| Affordability | 7 | 14 |
| Economic Strength | 39 | 28 |
| Rental Yield | 9 | 27 |
| Median Sale Price (Redfin) | — | $459K |
| Months of Supply (Redfin) | — | 5 |
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 Phoenix, AZ compare, dimension by dimension
- Affordability: Phoenix, AZ leads — New York-Newark-Jersey City 7/100 vs Phoenix, AZ 14/100.
- Price Momentum: New York-Newark-Jersey City leads — New York-Newark-Jersey City 80/100 vs Phoenix, AZ 11/100.
- Inventory Health: Phoenix, AZ leads — New York-Newark-Jersey City 35/100 vs Phoenix, AZ 81/100.
- Economic Strength: New York-Newark-Jersey City leads — New York-Newark-Jersey City 39/100 vs Phoenix, AZ 28/100.
- Rental Yield: Phoenix, AZ leads — New York-Newark-Jersey City 9/100 vs Phoenix, AZ 27/100.
Frequently asked questions
Which has a higher Alpha Score, New York-Newark-Jersey City or Phoenix, AZ?
They're essentially tied, each near 35 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 Phoenix, AZ more affordable?
Phoenix, AZ is more affordable on our affordability dimension.
Which housing market has stronger momentum, New York-Newark-Jersey City or Phoenix, AZ?
New York-Newark-Jersey City has stronger price momentum — 80/100 vs 11/100.
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 Phoenix, AZ brief.