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New York

New York City is the largest US housing market, a dense mix of co-ops, condos, brownstones and rental towers across five boroughs. Rents are among the highest in the country, and inventory is tight in the most popular neighbourhoods.

  • Business district
  • Nightlife
  • Upscale
Indicative figures
Median sale
$780K
Median rent
$4,900/mo
Price per area
$1,022/sq ft
Year on year
Up +3.5%vs last year
Days on market
62days
Walk / transit
89 / 87/100
Overview

About New York

Every borough has its own housing stock, from Manhattan high-rises to Brooklyn brownstones and Queens two-family houses. Neighbourhood identity is strong, and people often choose a subway line first and an apartment second.

The subway runs 24 hours and reaches nearly every neighbourhood, with the commuter railroads, ferries and buses filling in. Most residents do not own a car, and a typical commute is 30 to 50 minutes.

In 2026 the median sale price is about $780K, roughly $11,000 per square metre, and a typical 2-bedroom rental costs about $4,900 a month. Prices are up 3.5% on a year ago and homes take around 62 days to sell, which points to strong demand.

Co-op boards review buyers’ finances, condos carry common charges and taxes, and closing costs run higher than in most US cities. Under the FARE Act, landlords rather than tenants pay the broker fee when they hire the broker.

Brooklyn brownstones with stoops and window boxes in autumn, New York
Bright spacious living room with marble floor, teal sofa, curtains and wall-mounted television

Walk score89 / 100

Market

Prices and rents

  • Typical sale price

    $780K
  • Typical rent

    $4,900/mo

New York is growing steadily rather than sharply. Well-priced homes still sell within weeks, but there is room to negotiate on listings that have sat for longer than the local median.

Indicative figures from our listings and transactions.

White contemporary house with geometric facade seen over a neat garden hedge
Cozy upscale living room with beige sofas, armchairs and soft natural light
Demand
High
Gross yield
7.5%
Homes listed
10
Gallery

New York in pictures

Map

On the map

10 current listings in New York. Hover or tap a price for details.

  • PriceListing
  • Area centre
View all on the map
Listings

Homes in New York

Agents

Agents who know New York

Areas

Areas in New York

  • Brooklyn

    New York, United States

    Median sale
    $850K
    Median rent
    $4,200/mo
    1 listingFamily friendlyNightlifeFast growing
  • Manhattan

    New York, United States

    Median sale
    $1.3M
    Median rent
    $5,900/mo
    3 listingsBusiness districtUpscaleNightlife
  • Park Slope

    New York, United States

    Median sale
    $1.4M
    Median rent
    $5,200/mo
    3 listingsFamily friendlyUpscaleQuiet
  • Upper West Side

    New York, United States

    Median sale
    $1.3M
    Median rent
    $5,600/mo
    1 listingFamily friendlyUpscaleQuiet
  • Williamsburg

    New York, United States

    Median sale
    $1.1M
    Median rent
    $5,000/mo
    2 listingsNightlifeWaterfrontFast growing
Nearby

More cities in United States

  • Austin

    United States

    Median sale
    $560K
    Median rent
    $2,100/mo
    3 listingsFast growingNightlifeBusiness district
  • Chicago

    United States

    Median sale
    $365K
    Median rent
    $2,500/mo
    3 listingsAffordableBusiness districtWaterfront
  • Los Angeles

    United States

    Median sale
    $980K
    Median rent
    $3,600/mo
    5 listingsUpscaleNightlifeWaterfront
  • Miami

    United States

    Median sale
    $640K
    Median rent
    $3,600/mo
    6 listingsWaterfrontNightlifeBusiness district

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