All Home Types
New York, NY Housing Market
What is the housing market like in New York today?
In January 2025, New York home prices were up 6.3% compared to last year, selling for a median price of $850K. On average, homes in New York sell after 61 days on the market compared to 76 days last year. There were 2,632 homes sold in January this year, up from 2,332 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$850,000
+6.3% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
New York, NY
$850,000
+6.3%
United States
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New York Migration & Relocation Trends
In Dec '24 - Feb '25, 30% of New York homebuyers searched to move out of New York, while 70% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into New York from outside metros.
- San Francisco homebuyers searched to move into New York more than any other metro followed by Seattle and Los Angeles.
Where are people moving to New York from?
- 70% of New York homebuyers searched to stay within the New York metropolitan area.
- Miami was the most popular destination among New York homebuyers followed by Philadelphia and Boston.
Where are people from New York moving to?
Number of People Moving to New York
least
most
People are moving to New York from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 198 | ||
| 2 | 74 | ||
| 3 | 64 | ||
| 4 | 18 | ||
| 5 | 11 | ||
| 6 | 5 | ||
| 7 | 4 | ||
| 8 | 3 | ||
| 9 | 3 | ||
| 10 | 3 | ||
People are leaving New York for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 5,524 | ||
| 2 | 4,297 | ||
| 3 | 3,510 | ||
| 4 | 2,469 | ||
| 5 | 1,894 | ||
| 6 | 1,883 | ||
| 7 | 1,663 | ||
| 8 | 1,471 | ||
| 9 | 1,351 | ||
| 10 | 1,214 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in New York.
Provided by First Street Foundation
Transportation in New York
Learn about the walkability, bikeability, and transit-friendliness of New York
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