27Alpha

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

metro · NY · as of May 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%
No data
50
Inventory Health25%
0
Affordability20%
5
Economic Strength20%
+4.862
Rental Yield15%
24

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

EmergingGrowingMaturePeakingDecliningRecovering

New York-Newark-Jersey City, NY is classified as Recoveringturning 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

MetricValueYoY
Median Days on Market41 days-8.9%

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

Now: 27
3-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?

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.