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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
Urban
Rent vs. Own
  • Rent
    67%
  • Own
    33%
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Real Estate Costs

Median Home Value
$538,700
National
$184,700
Home Values
  • <$50k
    4%
  • $50-$99k
    2%
  • $100-$199k
    5%
  • $200-$399k
    21%
  • $400-$749k
    41%
  • $750k+
    28%
Median Rent
$1,340
National
$949
Monthly Rent
  • <$500
    11%
  • $500-$999
    17%
  • $1,000-$1,499
    32%
  • $1,500-$1,999
    20%
  • $2,000+
    20%
13%
of residents say housing is affordable.64 responses

Home Quality

Poll
52%
of residents say the exterior quality of homes is good or excellent.64 responses
Poll
38%
of residents say the interior quality of homes is good or excellent.64 responses
58%
of residents say there is a good variety of homes.64 responses
58%
of residents say there are a few vacant or abandoned properties here and there.65 responses
13%
of residents say that parking is readily available.64 responses
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Homes in New York City have a median value of $538,700. The median rent price in New York City is $1,340 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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