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New York City Real Estate Market

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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
$606,000
National
$217,500
Home Values
  • <$50k
    3%
  • $50-$99k
    1%
  • $100-$199k
    4%
  • $200-$399k
    17%
  • $400-$749k
    40%
  • $750k+
    35%
Median Rent
$1,443
National
$1,062
Monthly Rent
  • <$500
    11%
  • $500-$999
    15%
  • $1,000-$1,499
    28%
  • $1,500-$1,999
    22%
  • $2,000+
    25%
9%
of residents say housing is affordable. 95 responses

Home Quality

Poll
49%
of residents say the exterior quality of homes is good or excellent. 95 responses
Poll
38%
of residents say the interior quality of homes is good or excellent. 95 responses
55%
of residents say there is a good variety of homes. 95 responses
57%
of residents say there are a few vacant or abandoned properties here and there. 96 responses
12%
of residents say that parking is readily available. 95 responses

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editorial

Homes in New York City have a median value of $606,000. The median rent price in New York City is $1,443 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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