New York Average Home Price by City (2026)
The average home price in New York (NY) is about $333,000 — the 2026 median, at ~$241/sq ft — 15% more expensive than the typical U.S. home.
Shaded by price · click a city to explore. Colour = median home value.
Considering a move to New York?
Housing in New York is 15% more expensive than the national average, with a typical home around $333,000 and a local rate near $241 per square foot. Among the 15 New York cities we track, Great Neck is the most expensive (median $1,566,000) and Niagara Falls is the most affordable (median $134,500) — so where you land in the state matters as much as the state itself.
Browse New York cities
New York home prices by county
60 New York counties with enough data for their own page, priciest first:
See the cheapest (and most expensive) places to live in New York.
Don’t see your city? Use the free Home Value Estimator for any U.S. ZIP, see the most expensive ZIP codes in America, or browse the full U.S. directory.
Home value appreciation in New York
Home prices in New York have risen about 86% over the last 10 years (≈6.4% a year) and +78.4% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +6.0% — still rising. A home worth $333,000 today was worth roughly $179,418 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — nationally the median state is +85.6% over 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for New York
Run the numbers for New York with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in New York
To buy the typical $333,000 home in New York with 20% down, you need a household income of roughly $91,000 a year (about $2,110 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $108,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $16,700 | $2,630/mo | $113,000/yr |
| 10% (+PMI) | $33,300 | $2,510/mo | $108,000/yr |
| 20% | $66,600 | $2,110/mo | $91,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in New York
At about $241 per square foot, here is roughly how much home different budgets get you in New York:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 620 sq ft | below the local median — condos, smaller or older homes |
| $200k | 830 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1040 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1240 sq ft | around the typical home here |
| $400k | 1660 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to New York so you can compare your current home against every New York city we track.