New York Housing

The housing market in New York State is strong, with the median value of houses being $413,600. This is significantly higher than the median value for the United States as a whole at $338,100. Additionally, the appreciation rate for homes in New York State is 8.60%, which is higher than the national average of 8.27%. These numbers demonstrate that New York State has a healthy real estate market and offers attractive investment opportunities for those wanting to buy or sell a home.

The median home cost in New York is $413,600. Home appreciation the last 10 years has been 71.6%. Home Appreciation in New York is up 13.6%.

Average Age of Homes

- The median age of New York real estate is 61 years old

The Rental Market in New York

- Renters make up 41.1% of the New York population
- 1.7% of houses and apartments in New York, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New York, New York	United States
	8,449,178.0	139,647,020.0
	64	42
	$413,600	$338,100
	13.6%	16.6%
	47.6%	57.0%
	71.6%	101.1%
	$17.12	$10.98
	$5,884	$2,690
	48.5%	57.4%
	10.9%	11.2%
	40.6%	31.4%
Vacant Housing
	1.7%	1.9%
	0.5%	0.4%
	0.7%	0.7%
	0.5%	0.4%
	3.8%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	1.5%	2.4%
	2.1%	2.8%
	3.3%	3.9%
	4.0%	4.5%
	9.8%	11.3%
	9.4%	13.0%
	13.3%	20.1%
	11.4%	13.6%
	10.3%	8.3%
	16.5%	9.7%
	7.7%	3.9%
	4.3%	2.2%
	1.6%	0.8%
	2.8%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	6.1%	13.6%
	6.1%	13.6%
	6.2%	13.6%
	7.6%	13.2%
	9.8%	14.8%
	6.2%	13.6%
	14.5%	10.0%
	7.9%	4.7%
	31.4%	12.2%

Reviews for New York

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Meat · Weedsport, NY

cringe

Over 4 years ago

i hate it More

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Phillip · Manlius, NY

I Love New York

Over 8 years ago

As far as the outdoors, New York is a beautiful state with a lot to offer than most people think. New York has two of the best state parks in the country. Watkins Glen More

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A · Lake Peekskill, NY

Access to great healthcare

Over 9 years ago

There are many things I love about New York but the top of my list is the easy access to the best healthcare anywhere. More