New York Metro Housing Market Report

Report period: August 2026

New York Metro Housing Market Report – August 2026

New York Metro · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$917,497
−0.3%
Median DOM (Sales)
52
+5.2%
New Listings (Sales)
882
−74.3%
Median Rent
$3,452
+0.3%
Median DOM (Rental)
29
−3.3%
Total Rental Listings
29,820
−1.1%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (43 DOM)
  • Fastest renting: Condo (24 DOM)
  • Strongest bedroom: 8 Beds ($2,300,982 median)

Sales Market Overview

Median Price
$917,497
−0.3%
Median DOM
52
+5.2%
New Listings
882
−74.3%
Inventory
21,284
−3.1%
  • Average Price: $1,114,798
  • Median Price: $917,497
  • Price Range: $277,146 – $4,011,381
  • Price per Sq Ft (Avg/Median): $685 / $657
  • Square Footage (Avg/Median): 2,267 / 1,750
  • Square Footage Range: 769 – 8,765
  • Days on Market (Avg/Median): 65 / 52
  • Days on Market Range: 3 – 273
  • New Listings: 882
  • Total Listings: 21,284

Sales by Property Type

Condo
Avg/Median Price$919,049 / $760,509Range$308,726 – $3,109,904Price per Sq Ft$740 / $709Sq Ft1,360 / 1,232DOM66 / 57New416Total14,046
Manufactured
Avg/Median Price$593,585 / $591,580Range$576,300 – $619,177Price per Sq Ft$297 / $300Sq Ft2,038 / 2,011DOM84 / 77New0Total28
Single Family
Avg/Median Price$1,409,867 / $1,158,266Range$685,272 – $2,915,816Price per Sq Ft$613 / $571Sq Ft2,617 / 2,252DOM60 / 43New297Total4,118
Townhouse
Avg/Median Price$1,784,247 / $1,682,036Range$1,202,183 – $2,487,421Price per Sq Ft$747 / $714Sq Ft2,521 / 2,389DOM60 / 48New33Total498
Land
Avg/Median Price$1,134,275 / $948,907Range$709,097 – $1,666,520Price per Sq FtSq FtDOM103 / 90New11Total180
Multi-Family
Avg/Median Price$1,349,463 / $1,159,317Range$675,380 – $2,738,455Price per Sq Ft$618 / $583Sq Ft3,529 / 2,457DOM69 / 52New125Total2,361
Apartment
Avg/Median Price$1,779,700 / $1,552,764Range$1,449,823 – $2,127,647Price per Sq Ft$1,138 / $1,107Sq Ft1,277 / 1,228DOM153 / 145New0Total53

Sales by Bedroom Count

1 Beds
Avg:$547,902Median:$505,812Range:$287,233 – $1,269,171PSF:$797 / $760Sq Ft:832 / 797DOM:72 / 62New:134Total:5,246
2 Beds
Avg:$914,754Median:$832,292Range:$391,055 – $2,199,580PSF:$761 / $727Sq Ft:1,428 / 1,323DOM:65 / 54New:207Total:5,511
3 Beds
Avg:$1,374,319Median:$1,246,337Range:$624,530 – $2,695,074PSF:$771 / $737Sq Ft:1,956 / 1,738DOM:61 / 49New:220Total:4,244
4 Beds
Avg:$1,865,034Median:$1,747,417Range:$960,413 – $3,058,140PSF:$730 / $701Sq Ft:2,858 / 2,325DOM:62 / 48New:139Total:2,364
5 Beds
Avg:$2,130,869Median:$2,015,638Range:$1,444,056 – $2,971,044PSF:$663 / $618Sq Ft:3,788 / 3,186DOM:69 / 54New:69Total:1,057
Studio
Avg:$709,078Median:$549,623Range:$390,901 – $1,915,629PSF:$840 / $804Sq Ft:1,200 / 988DOM:92 / 82New:29Total:1,271
6 Beds
Avg:$2,132,832Median:$1,968,301Range:$1,643,769 – $2,822,694PSF:$550 / $519Sq Ft:4,547 / 3,855DOM:75 / 61New:49Total:763
7 Beds
Avg:$2,230,124Median:$2,133,687Range:$1,985,092 – $2,560,193PSF:$530 / $515Sq Ft:5,024 / 4,336DOM:66 / 53New:9Total:359
8 Beds
Avg:$2,416,755Median:$2,300,982Range:$2,144,273 – $2,707,002PSF:$550 / $517Sq Ft:5,356 / 4,665DOM:79 / 64New:15Total:289

Rental Market Overview

Median Rent
$3,452
+0.3%
Median DOM
29
−3.3%
New Listings
3,265
Inventory
29,821
−1.1%
  • Average Rent: $3,637
  • Median Rent: $3,452
  • Rent Range: $1,689 – $7,007
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 1,082 / 931
  • Square Footage Range: 537 – 3,737
  • Days on Market (Avg/Median): 48 / 29
  • Days on Market Range: 3 – 276
  • New Listings: 3,265
  • Total Listings: 29,821

Rentals by Property Type

Apartment
$3,189
Median DOM: 42
Inventory: 11,828
MoM: +0.3%
Condo
$3,469
Median DOM: 24
Inventory: 10,646
MoM: +0.3%
Single Family
$3,854
Median DOM: 27
Inventory: 2,398
MoM: +0.3%
Townhouse
$4,034
Median DOM: 33
Inventory: 302
MoM: +0.3%
Apartment
Avg/Median Rent$3,345 / $3,189Range$1,909 – $5,613Rent per Sq Ft$4 / $4Sq Ft901 / 807DOM66 / 42New1,288Total11,828
Condo
Avg/Median Rent$3,637 / $3,469Range$2,101 – $5,886Rent per Sq Ft$4 / $4Sq Ft1,044 / 962DOM38 / 24New1,181Total10,646
Single Family
Avg/Median Rent$4,057 / $3,854Range$2,585 – $6,168Rent per Sq Ft$4 / $4Sq Ft1,374 / 1,241DOM39 / 27New328Total2,398
Townhouse
Avg/Median Rent$4,283 / $4,034Range$3,630 – $5,119Rent per Sq Ft$4 / $3Sq Ft1,404 / 1,300DOM43 / 33New32Total302
Multi-Family
Avg/Median Rent$3,149 / $2,954Range$2,121 – $4,843Rent per Sq Ft$3 / $3Sq Ft1,557 / 1,325DOM52 / 39New436Total4,646

Rentals by Bedroom Count

1 Beds
Avg:$3,017Median:$2,987Range:$1,752 – $4,684PSF:$4 / $4Sq Ft:785 / 726DOM:59 / 39New:1,156Total:11,248
2 Beds
Avg:$3,788Median:$3,702Range:$2,352 – $5,681PSF:$4 / $4Sq Ft:1,158 / 1,067DOM:51 / 32New:973Total:8,411
3 Beds
Avg:$4,441Median:$4,328Range:$3,127 – $6,111PSF:$4 / $4Sq Ft:1,376 / 1,270DOM:49 / 33New:529Total:4,290
4 Beds
Avg:$5,081Median:$4,979Range:$4,262 – $6,031PSF:$3 / $3Sq Ft:1,743 / 1,632DOM:48 / 37New:121Total:896
Studio
Avg:$2,725Median:$2,621Range:$1,910 – $4,025PSF:$6 / $6Sq Ft:538 / 504DOM:59 / 38New:468Total:4,820
5 Beds
Avg:$5,205Median:$5,091Range:$4,765 – $5,697PSF:$3 / $3Sq Ft:2,105 / 2,058DOM:43 / 36New:14Total:120
6 Beds
Avg:$5,866Median:$5,815Range:$5,652 – $6,060PSF:$2 / $2Sq Ft:3,323 / 3,323DOM:38 / 39New:3Total:29
8 Beds
Avg:$3,233Median:$3,233Range:$3,233 – $3,233PSF:$1 / $1Sq Ft:5,786 / 5,786DOM:17 / 17New:1Total:3
7 Beds
Avg:$5,050Median:$5,975Range:$3,200 – $5,975PSF:$3 / $3Sq Ft:2,500 / 2,500DOM:35 / 39New:0Total:4

6-Month Sales Trend

Mar 2026
Median Price:$911,827Median DOM:41New:4,493Total:15,669
Apr 2026
Median Price:$917,279Median DOM:37New:4,735Total:17,604
May 2026
Median Price:$921,501Median DOM:39New:4,393Total:19,148
Jun 2026
Median Price:$920,126Median DOM:43New:5,792Total:22,675
Jul 2026
Median Price:$919,856Median DOM:49New:3,435Total:21,975
Aug 2026
Median Price:$917,497Median DOM:52New:882Total:21,284

6-Month Rental Trend

Mar 2026
Median Rent:$3,353Median DOM:40New:7,546Total:27,099
Apr 2026
Median Rent:$3,345Median DOM:36New:8,103Total:28,249
May 2026
Median Rent:$3,378Median DOM:33New:8,035Total:28,502
Jun 2026
Median Rent:$3,435Median DOM:30New:8,414Total:28,779
Jul 2026
Median Rent:$3,443Median DOM:30New:9,025Total:30,151
Aug 2026
Median Rent:$3,452Median DOM:29New:3,265Total:29,820

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory tightened.

Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.

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