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New York City Real Estate Market

Housing
D+
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Dense Urban
Rent vs. Own
  • Rent
    67%
  • Own
    33%
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Real Estate Costs

Median Home Value
$570,500
National
$184,700
Home Values
  • <$50k
    3%
  • $50-$99k
    1%
  • $100-$199k
    5%
  • $200-$399k
    19%
  • $400-$749k
    40%
  • $750k+
    31%
Median Rent
$1,396
National
$949
Monthly Rent
  • <$500
    11%
  • $500-$999
    16%
  • $1,000-$1,499
    30%
  • $1,500-$1,999
    21%
  • $2,000+
    22%
11%
of residents say housing is affordable.70 responses

Home Quality

Poll
51%
of residents say the exterior quality of homes is good or excellent.70 responses
Poll
37%
of residents say the interior quality of homes is good or excellent.70 responses
56%
of residents say there is a good variety of homes.70 responses
56%
of residents say there are a few vacant or abandoned properties here and there.71 responses
11%
of residents say that parking is readily available.70 responses
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Homes in New York City have a median value of $570,500. The median rent price in New York City is $1,396 and most residents rent their homes. New York City is very walkable, and there are a lot of bars, restaurants, coffee shops, and parks nearby.
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