35Alpha

New York-Newark-Jersey City, NY Housing Market Brief

metro · NY · score computed October 2026

Buyer's

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.

Price Momentum20%
●80
Inventory Health25%
●35

Population band 5 of 5 (population 278,335–19,798,537) · comparable within its band

Affordability20%
●7
Economic Strength20%
-5.739
Rental Yield15%
●9

Where is New York-Newark-Jersey City, NY in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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.

What’s the forecast for New York-Newark-Jersey City, NY?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

New York-Newark-Jersey City, NY housing market data

MetricValueYoYSource
Median Days on Market56 days▼ -3.4%Realtor.com via FRED

How has New York-Newark-Jersey City, NY’s Alpha Score moved?

Now: 35
2-period trend

Markets like New York-Newark-Jersey City, NY

Frequently asked questions

Is New York-Newark-Jersey City, NY a buyer's or seller's market?

In the scores computed October 2026, New York-Newark-Jersey City, NY is classified as a Buyer's Market, based on its Alpha Score of 35 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

How affordable is New York-Newark-Jersey City, NY?

New York-Newark-Jersey City, NY scores 7 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 Price Momentum (80/100) and its weakest is Affordability (7/100). 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.