The median sale price of a home in New York was $780K last month, up 2.6% since last year. The median sale price per square foot in New York is $580, up 4.5% since last year.
What is the housing market like in New York today?
In February 2024, New York home prices were up 2.6% compared to last year, selling for a median price of $780K. On average, homes in New York sell after 75 days on the market compared to 80 days last year. There were 1,954 homes sold in February this year, up from 1,952 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$779,500
+2.6% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
New York, NY
$779,500
+2.6%
United States
To compare other locations to the New York and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New York add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the New York housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.3%
-0.16 pt YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
New York, NY
97.3%
-0.16 pt
United States
New York Migration & Relocation Trends
In Dec '23 - Feb '24, 30% of New York homebuyers searched to move out of New York, while 70% looked to stay within the metropolitan area.
Where are people moving to New York from?
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 Springfield and Lincoln.
Where are people from New York moving to?
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 Washington.
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.
Home offer insights for New York
Explore recent offers and recently sold homes in New York
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Lincoln Elementary School
Public • PreK-3
490
Students
3 reviews
10/10
PS 134
Public • K-5
584
Students
5 reviews
10/10
PS 105 the Blythebourne
Public • K-5
1424
Students
7 reviews
10/10
Walter Stillman Elementary School
Public • PreK-5
372
Students
1 reviews
10/10
Stem Bridge School (the)
Public • K-5
216
Students
1 reviews
Only showing 5 of
100+ elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on New York housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in New York.
Risk Factor
Flood Factor - Severe
30% of properties are at risk of severe flooding over the next 30 years
Flood Factor
New York has a severe risk of flooding. 158,348 properties in New York are likely to be
severely affected
by flooding over the next 30 years. This represents 30% of all properties in New York. Flood risk is increasing faster than the national average.
15% of properties are at risk of wildfire over the next 30 years
Fire Factor
New York has a major risk of wildfire. There are 135,193 properties in New York that have some risk of being affected by wildfire over the next 30 years. This represents 15% of all properties in New York.
98% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
New York has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. New York is most at risk from hurricanes. 842,192 properties in New York have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 131 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 156 mph.