New York, NY metro area Housing Market Brief
metro · NY · as of August 2026
What is New York, NY metro area’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, NY metro area in its market cycle?
New York, NY metro area is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for New York, NY metro area?
Our model forecasts New York, NY metro area’s home prices to hold flat over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
New York, NY metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $847K | ▲ +4.5% |
| Median Days on Market | 57 days | ▼ -1.7% |
| Months of Supply | 4.7 | ▼ -4.1% |
| Homes for Sale | 22,440 | ▼ -3.2% |
| Homes Sold | 4,859 | ▲ +1.2% |
| Median Price / Sq Ft | $504 | ▲ +5.9% |
How has New York, NY metro area’s Alpha Score moved?
Markets like New York, NY metro area
- Providence, RI metro area, RImetro42
- Boston, MA metro area, MAmetro36
- San Jose, CA metro area, CAmetro39
- Lebanon, NH metro area, NHmetro38
- Riverside, CA metro area, CAmetro38
- Logan, UT metro area, UTmetro39
- Trenton, NJ metro area, NJmetro43
- Traverse City, MI metro area, MImetro40
- Bridgeport, CT metro area, CTmetro42
- Nassau County, NY metro area, NYmetro45
Frequently asked questions
Is New York, NY metro area a buyer's or seller's market?
As of August 2026, New York, NY metro area is classified as a Buyer's Market, based on its Alpha Score of 40 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in New York, NY metro area?
The median sale price in New York, NY metro area is $847K, having risen 4.5% over the past year.
How affordable is New York, NY metro area?
New York, NY metro area scores 2 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving New York, NY metro area's Alpha Score?
New York, NY metro area's strongest dimension is Price Momentum (81/100) and its weakest is Affordability (2/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of New York, NY metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.