New York
REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS






New York Real Estate Market & Appreciation

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value:
$557,428

Number Of Homes And Apartments:
7,417,224

New York Home Prices

> $1,309,889
$982,410 - $1,309,889
$654,972 - $982,409
$523,871 - $654,971
$393,001 - $523,870
$261,946 - $393,000
$131,001 - $261,945
$65,513 - $131,000
$0 - $65,512
11.4%
11.4%
8.8%
8.8%
17.9%
17.9%
10.8%
10.8%
11.4%
11.4%
11.6%
11.6%
15.9%
15.9%
8.0%
8.0%
4.1%
4.1%
0.0% 100.0%
% OF HOMES

New York Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2021 Q3 - 2021 Q4
2.29% 9.47%
3
Last 12 Months:
2020 Q4 - 2021 Q4
13.98% 13.98%
2
Last 2 Years:
2019 Q4 - 2021 Q4
20.43% 9.74%
3
Last 5 Years:
2016 Q4 - 2021 Q4
38.19% 6.68%
4
Last 10 Years:
2011 Q4 - 2021 Q4
52.55% 4.31%
4
Since 2000:
2000 Q1 - 2021 Q4
155.82% 4.41%
7
* 10 is highest

Rent & Homeownership

Average Market Rent:
$2,255 / per month

Homeownership Rate

Owners
Renters
Vacant
52.5%
52.5%
47.5%
47.5%
11.3%
11.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
9.4%
9.4%
23.8%
23.8%
35.1%
35.1%
31.7%
31.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
41.9%
41.9%
5.3%
5.3%
17.0%
17.0%
33.6%
33.6%
2.3%
2.3%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.8%
4.8%
18.7%
18.7%
26.8%
26.8%
31.5%
31.5%
13.8%
13.8%
4.4%
4.4%
0.0% 100.0%
% OF HOMES