New York, NY metro area Housing Market Brief
metro · NY · score computed October 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 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, NY metro area?
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, NY metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $808K | ▲ +3.6% | Redfin |
| Median Days on Market | 57 days | ▼ -5% | Redfin |
| Months of Supply | 5.1 | ▲ +4.1% | Redfin |
| Homes for Sale | 23,608 | ▲ +3% | Redfin |
| Homes Sold | 4,796 | ▼ -0.6% | Redfin |
| Median Price / Sq Ft | $503 | ▲ +5.4% | Redfin |
How has New York, NY metro area’s Alpha Score moved?
Markets like New York, NY metro area
- Napa, CA metro area, CAmetro37
- New York-Newark-Jersey City, NYmetro35
- Barnstable Town, MA metro area, MAmetro36
- Boston, MA metro area, MAmetro35
- Santa Maria, CA metro area, CAmetro36
- San Francisco, CA metro area, CAmetro37
- Anaheim, CA metro area, CAmetro32
- Newark, NJ metro area, NJmetro44
- Billings, MT metro area, MTmetro49
- Coeur d'Alene, ID metro area, IDmetro46
Frequently asked questions
Is New York, NY metro area a buyer's or seller's market?
In the scores computed October 2026, New York, NY metro area is classified as a Buyer's Market, based on its Alpha Score of 35 out of 100. It is based on the 4 of five dimensions we can measure for this market — price, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in New York, NY metro area?
The median sale price in New York, NY metro area is $808K, having risen 3.6% over the past year, according to Redfin.
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 (76/100) and its weakest is Affordability (2/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
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.