New York, NY metro area Housing Market Brief
metro · as of May 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 Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
New York, NY metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $806K | ▲ +1.4% |
| Median Days on Market | 56 days | ▲ +3.5% |
| Months of Supply | 5.3 | ▼ -0.7% |
| Homes for Sale | 21,955 | ▼ -13% |
| Homes Sold | 4,161 | ▼ -13.3% |
| Median Price / Sq Ft | $493 | ▲ +1.1% |
| Sale-to-List Ratio | 100.3% | ▲ +0.1% |
How has New York, NY metro area’s Alpha Score moved?
Markets like New York, NY metro area
- Rockingham County, NH metro areametro51
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- New Bern, NC metro areametro52
- Providence, RI metro areametro50
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- Washington, DC metro areametro49
- Anaheim, CA metro areametro52
- Albany, NY metro areametro52
- Nassau County, NY metro areametro54
- Los Angeles, CA metro areametro49
Frequently asked questions
Is New York, NY metro area a buyer's or seller's market?
As of May 2026, New York, NY metro area is classified as a Balanced Market, based on its Alpha Score of 52 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 $806K, having risen 1.4% over the past year.
How affordable is New York, NY metro area?
New York, NY metro area scores 50 out of 100 on affordability — moderately affordable 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 (74/100) and its weakest is Inventory Health (37/100). 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.