New York-Newark-Jersey City, NY Housing Market Brief
metro · NY · as of May 2026
What is New York-Newark-Jersey City, NY’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is New York-Newark-Jersey City, NY in its market cycle?
New York-Newark-Jersey City, NY is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
New York-Newark-Jersey City, NY housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Days on Market | 41 days | ▼ -8.9% |
How has New York-Newark-Jersey City, NY’s Alpha Score moved?
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Frequently asked questions
Is New York-Newark-Jersey City, NY a buyer's or seller's market?
As of May 2026, New York-Newark-Jersey City, NY is classified as a Buyer's Market, based on its Alpha Score of 27 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
How affordable is New York-Newark-Jersey City, NY?
New York-Newark-Jersey City, NY scores 5 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving New York-Newark-Jersey City, NY's Alpha Score?
New York-Newark-Jersey City, NY's strongest dimension is Economic Strength (62/100) and its weakest is Inventory Health (0/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of New York-Newark-Jersey City, NY? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.