NYC Housing Market Trends

Market Overview for August 2026

$900K 5.9% Y-o-Y $50K Y-o-Y
$833 9.9% Y-o-Y $75 Y-o-Y
1,959 -43.2% Y-o-Y -1,491 Y-o-Y
New York City Median Sale Price
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 $785,000 $775,000 $785,000 $785,000 $785,000 $800,000 $790,000 $790,000 $760,000 $750,000 $759,888 $735,000
2023 $750,000 $725,000 $750,000 $755,000 $770,000 $775,000 $780,000 $780,000 $750,000 $738,500 $760,000 $770,000
2024 $755,000 $740,000 $745,000 $795,000 $782,000 $809,754 $832,928 $780,000 $778,000 $776,500 $780,000 $800,000
2025 $805,000 $823,000 $795,000 $800,000 $835,000 $850,000 $864,494 $849,762 $814,000 $820,000 $820,000 $837,500
2026 $850,000 $840,000 $835,000 $842,250 $865,000 $872,000 $885,000 $900,000
New York City Median Sale Price/Sq. Ft.
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 $633 $645 $686 $685 $698 $699 $685 $710 $637 $613 $620 $615
2023 $617 $602 $638 $630 $659 $677 $680 $653 $670 $632 $609 $613
2024 $633 $614 $633 $697 $664 $695 $710 $689 $662 $673 $686 $670
2025 $717 $707 $715 $726 $711 $749 $750 $758 $709 $688 $676 $686
2026 $722 $717 $718 $717 $766 $785 $781 $833
Real Estate Transactions in New York City
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 4,302 4,045 4,786 4,107 4,646 5,301 4,421 4,637 3,897 3,361 3,171 3,145
2023 2,623 2,296 2,955 2,580 3,336 3,590 3,113 3,781 3,013 3,170 2,712 2,825
2024 2,726 2,483 2,704 2,866 3,339 3,224 3,437 3,311 3,137 3,196 2,756 3,150
2025 3,149 2,739 3,011 3,058 3,199 3,390 3,559 3,450 3,359 3,314 2,715 3,340
2026 2,985 2,546 3,080 2,738 2,811 3,429 3,451 1,959
New York City Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $781,000 $790,000 $780,000 $750,000
2023 $739,500 $770,000 $770,000 $750,000
2024 $750,000 $800,000 $800,000 $790,000
2025 $802,995 $830,000 $840,000 $825,000
2026 $840,000 $860,000
New York City Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $655 $694 $680 $615
2023 $621 $658 $667 $619
2024 $625 $683 $687 $674
2025 $714 $730 $738 $683
2026 $720 $758
Real Estate Transactions in New York City
Year Q1 Q2 Q3 Q4
2022 13,133 14,054 12,955 9,677
2023 7,874 9,506 9,907 8,707
2024 7,913 9,429 9,885 9,102
2025 8,899 9,647 10,368 9,369
2026 8,611 8,978

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$1.3M
15.4%
$1K
5%
552
Coops
$565K
7.6%
$882
-0.2%
754
Houses
$995K
7.6%
$616
10.3%
653

NYC: Demographics

Total population
8,483,844
Median age
38.2
No high school education
8.2%
Some high school/college
30.8%
Bachelor's degree
23.6%
Average household income
$129,670
Occupied housing units
3,334,088
Owner-occupied units
32.8%
Renter-occupied units
67.2%
Median year structure built
1952

Discover Housing Market Trends in NY State

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City
Median Sale Price Q2 2026