New York Home Values & Market Trends
There have been 174,808 properties sold in the New York real estate market trends. Median home values in the New York housing market are $465,878.23. The median residential home value for transactions over the last 12 months is 276,422.891. The State of New York currently has 48,763 properties in foreclosure, 688 bank owned properties, and 1,760 headed for auction.
New York Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Suffolk | $ 628,254 $ 370/sqft | Fulton | $ 162,939 $ 111/sqft |
| Nassau | $ 767,207 $ 463/sqft | Broome | $ 169,000 $ 97/sqft |
| Queens | $ 819,000 $ 586/sqft | Franklin | $ 169,000 $ 103/sqft |
| Kings | $ 934,400 $ 582/sqft | Clinton | $ 229,500 $ 129/sqft |
| Richmond | $ 685,032 $ 407/sqft | Delaware | $ 216,334 $ 130/sqft |
| Dutchess | $ 447,689 $ 197/sqft | Ontario | $ 235,061 $ 140/sqft |
| Monroe | $ 167,555 $ 116/sqft | Greene | $ 352,450 $ 199/sqft |
| Erie | $ 230,547 $ 154/sqft | Chenango | $ 102,743 $ 69/sqft |
| Albany | $ 287,250 $ 186/sqft | Warren | $ 281,900 $ 182/sqft |
| Ulster | $ 429,450 $ 246/sqft | Tioga | $ 156,524 $ 80/sqft |
| Saratoga | $ 389,796 $ 222/sqft | Washington | $ 206,248 $ 135/sqft |
| Chautauqua | $ 134,950 $ 89/sqft | Essex | $ 317,196 $ 152/sqft |
| Oneida | $ 189,900 $ 133/sqft | Schoharie | $ 229,361 $ 147/sqft |
| St. Lawrence | $ 99,308 $ 61/sqft | Montgomery | $ 158,656 $ 118/sqft |
| Schenectady | $ 222,300 $ 157/sqft | Allegany | $ 128,173 $ 76/sqft |
| Chemung | $ 126,370 $ 79/sqft | Livingston | $ 199,900 $ 105/sqft |
| Bronx | $ 688,199 $ 367/sqft | Schuyler | $ 194,145 $ 117/sqft |
| Rensselaer | $ 249,900 $ 159/sqft | Cortland | $ 179,450 $ 122/sqft |
| Tompkins | $ 318,600 $ 176/sqft | Putnam | $ 499,050 $ 255/sqft |
| New York | $ 1,359,000 $ 1,351/sqft | Rockland | $ 685,228 $ 333/sqft |
| Onondaga | $ 178,500 $ 130/sqft | Oswego | $ 157,425 $ 103/sqft |
| Jefferson | $ 219,500 $ 132/sqft | Cayuga | $ 171,311 $ 116/sqft |
| Cattaraugus | $ 193,331 $ 111/sqft | Wayne | $ 211,071 $ 121/sqft |
| Steuben | $ 154,241 $ 91/sqft | Genesee | $ 179,900 $ 114/sqft |
| Westchester | $ 725,000 $ 382/sqft | Madison | $ 184,900 $ 144/sqft |
| Sullivan | $ 309,696 $ 209/sqft | Orleans | $ 124,500 $ 72/sqft |
| Orange | $ 420,000 $ 241/sqft | Yates | $ 278,950 $ 157/sqft |
| Otsego | $ 194,500 $ 128/sqft | Lewis | $ 169,900 $ 126/sqft |
| Columbia | $ 449,900 $ 222/sqft | Seneca | $ 170,050 $ 103/sqft |
| Herkimer | $ 145,000 $ 91/sqft | Wyoming | $ 124,435 $ 69/sqft |
| Niagara | $ 189,389 $ 120/sqft | Hamilton | $ 506,268 $ 212/sqft |
Housing Market Summary for New York
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $514.1K | $458.6K | -10.80% |
| Median Sold Price | $430K | $458.6K | 6.66% |
| Homes For Sale | 15,485 | 14,221 | -8.16% |
| Homes Sold | 79,030 | 80,668 | 2.07% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in New York
There are currently 15,565 properties for sale in New York. The current home value ranges in price from 1 to 49,000,000. The total count of properties in the state is 4,208,093, and the percentage of properties for sale is 15565.00%.
- Pre-ForeclosurePre-foreclosure homes account for 1.10% of all residential properties in New York with Suffolk containing 8320 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 62 counties within New York; of those counties, the estimated home value for pre-foreclosure homes ranges from $35,114,325 in Westchester to the lowest home value of $10,043 in Delaware.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New York ranges from the highest value of $3,794,835 in Kings to the lowest value of $25,271 in Cattaraugus. Bank owned homes and properties account for 0.02% of properties in New York. There are 62 counties within New York; Nassau containing 167 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsNassau has 326 auction properties, the highest number of properties going to auction in a single county in the state of New York. Auction homes and other auction properties account for 0.04% of all properties in New York. There are 62 counties within New York; of those counties, the median estimated home value for homes going to auction ranges from $4,446,688 in Bronx to the lowest value of $27,377 in Bronx.
Compare Nearby Cities
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Guide for New York
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.
