The median sale price of a home in New York was $900K last month, up 4.7% since last year. The median sale price per square foot in New York is $622, down 4.9% since last year.
What is the housing market like in New York today?
In July 2025, New York home prices were up 4.7% compared to last year, selling for a median price of $900K. On average, homes in New York sell after 52 days on the market compared to 54 days last year. There were 2,921 homes sold in July this year, up from 2,905 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$900,000
+4.7% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
New York, NY
$900,000
+4.7%
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.
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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.2%
-0.049 pt YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
New York, NY
98.2%
-0.049 pt
United States
New York Migration & Relocation Trends
In Jun '25 - Aug '25, 32% of New York homebuyers searched to move out of New York, while 68% 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.
Los Angeles homebuyers searched to move into New York more than any other metro followed by Hermiston and Laredo.
Where are people from New York moving to?
68% 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 Boston and Philadelphia.
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
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.
Flood Factor - Major
31% of properties are at risk of severe flooding over the next 30 years
Flood Factor
New York has a major risk of flooding. 160,400 properties in New York are likely to be
severely affected
by flooding over the next 30 years. This represents 31% of all properties in New York. Flood risk is increasing faster than the national average.
12% of properties are at risk of wildfire over the next 30 years
Fire Factor
New York has a moderate risk of wildfire. There are 103,444 properties in New York that have some risk of being affected by wildfire over the next 30 years. This represents 12% 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. 842,115 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.