Real estate market overview
Get to know New York. Whether you're looking to purchase a home, putting yours up for sale or exploring rental options, get up-to-date information about the New York real estate market, all in one place. Analyze how the market is performing against historical data. Guaranteed Rate helps you explore New York without having to leave home.
Homes in New York for the week ending on July 12th 2019 sold on average for $9,995,000 compared to $1,340, the median rent. Unemployment sits at 7.8% as of July 12th 2019. The population of New York is 8,560,072. The median age of the locals is 36.2.
In the week ending on July 12th 2019, homes in New York sold on average for $9,995,000 and spent 264 days on the market. In New York, the inventory of 222 experienced a 32% relisting as of July 12th 2019. The average price per square foot was $1,934.
As previously noted, the population of New York is 8,560,072 and the median age is 36.2. Among New York residents, there is a homeowner vacancy rate of 1.8% and a rental vacancy rate of 3.4% from a total of 3,455,117 units.
All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Guaranteed Rate, Inc. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Guaranteed Rate, Inc. Guaranteed Rate, Inc. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.
This website uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Housing market information is provided by Altos Research, Inc. based on analysis of all active market properties for sale in the US in the preceding week. All analytics are copyright Altos Research and not affiliated with any MLS.