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New York City
  • City in New York

New York City Real Estate Market

About New York City Real Estate

Housing
grade 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
$635,200
National
$229,800
Home Values
  • <$50k
    3%
  • $50-$99k
    1%
  • $100-$199k
    4%
  • $200-$399k
    15%
  • $400-$749k
    39%
  • $750k+
    37%
Median Rent
$1,489
National
$1,096
Monthly Rent
  • <$500
    10%
  • $500-$999
    14%
  • $1,000-$1,499
    27%
  • $1,500-$1,999
    23%
  • $2,000+
    27%
9%
of residents say housing is affordable. 100 responses

Home Quality

Poll
50%
of residents say the exterior quality of homes is good or excellent. 100 responses
Poll
40%
of residents say the interior quality of homes is good or excellent. 100 responses
55%
of residents say there is a good variety of homes. 100 responses
58%
of residents say there are a few vacant or abandoned properties here and there. 101 responses
12%
of residents say that parking is readily available. 100 responses

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Overview

Homes in New York City have a median value of $635,200. The median rent price in New York City is $1,489 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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