The typical home listed in New York is priced at $689,000, down 0.0% from a year ago. Homes are spending a median of 50 days on the market, indicating a balanced pace. Against a median household income of $85,974, the price-to-income ratio is about 8.0, a severely unaffordable level for local buyers.
| Metric | Value |
|---|---|
| Median Listing Price | $689,000 |
| YoY Price Change | -0.0% |
| Median Days on Market | 50 days |
| Active Listings | 40,124 |
| Median Household Income | $85,974 |
| Homeownership Rate | 54.4% |
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