The market in numbers
Home values over the last two years
The typical home in New York was worth $310,500 in September 2024 and $332,200 in August 2026, a change of +7.0% over two years. Values are at the highest point of the period.
Housing markets by metro
Typical home value, 12-month change and rents for each metro area in New York, largest first. Linked metros have their own report, ZIP code by ZIP code. Where a metro crosses a state line, the figures cover only its part inside New York. Of New York's ZIP codes, 177 lie outside any metro area.
| Metro area | ZIP codes | Home value | 12 months | Monthly rent | Gross yield |
|---|---|---|---|---|---|
| New York | 438 | $806,000 | +5.3% | $3,200 | 4.8% |
| Buffalo | 79 | $287,600 | +4.8% | $1,400 | 6.2% |
| Rochester | 104 | $264,800 | +4.1% | $1,500 | 6.7% |
| Albany | 110 | $332,100 | +4.8% | $1,700 | 5.8% |
| Poughkeepsie | 67 | $507,900 | +5.2% | $2,300 | 6.0% |
| Syracuse | 77 | $256,200 | +6.5% | $1,500 | 7.6% |
| Utica | 59 | $227,000 | +5.7% | $1,400 | 8.2% |
| Binghamton | 33 | $197,300 | +5.8% | $1,300 | 8.8% |
| Kingston | 52 | $446,400 | +4.2% | $2,200 | 5.8% |
| Glens Falls | 40 | $306,200 | +7.2% | n/a | n/a |
| Jamestown | 31 | $184,200 | +6.9% | n/a | n/a |
| Watertown | 28 | $227,800 | +5.5% | n/a | n/a |
| Plattsburgh | 23 | $208,200 | +8.4% | n/a | n/a |
| Auburn | 14 | $239,000 | +6.0% | n/a | n/a |
| Cortland | 10 | $192,200 | +5.6% | n/a | n/a |
Show all 27 metro areas
| Metro area | ZIP codes | Home value | 12 months | Monthly rent | Gross yield |
|---|---|---|---|---|---|
| New York | 438 | $806,000 | +5.3% | $3,200 | 4.8% |
| Buffalo | 79 | $287,600 | +4.8% | $1,400 | 6.2% |
| Rochester | 104 | $264,800 | +4.1% | $1,500 | 6.7% |
| Albany | 110 | $332,100 | +4.8% | $1,700 | 5.8% |
| Poughkeepsie | 67 | $507,900 | +5.2% | $2,300 | 6.0% |
| Syracuse | 77 | $256,200 | +6.5% | $1,500 | 7.6% |
| Utica | 59 | $227,000 | +5.7% | $1,400 | 8.2% |
| Binghamton | 33 | $197,300 | +5.8% | $1,300 | 8.8% |
| Kingston | 52 | $446,400 | +4.2% | $2,200 | 5.8% |
| Glens Falls | 40 | $306,200 | +7.2% | n/a | n/a |
| Jamestown | 31 | $184,200 | +6.9% | n/a | n/a |
| Watertown | 28 | $227,800 | +5.5% | n/a | n/a |
| Plattsburgh | 23 | $208,200 | +8.4% | n/a | n/a |
| Auburn | 14 | $239,000 | +6.0% | n/a | n/a |
| Cortland | 10 | $192,200 | +5.6% | n/a | n/a |
| Amsterdam | 9 | $218,800 | +6.2% | n/a | n/a |
| Ithaca | 8 | $302,300 | +4.9% | n/a | n/a |
| Ogdensburg | 33 | $143,000 | +4.4% | n/a | n/a |
| Corning | 27 | $169,400 | +4.9% | n/a | n/a |
| Hudson | 25 | $508,200 | +5.8% | n/a | n/a |
| Olean | 25 | $173,600 | +8.2% | n/a | n/a |
| Oneonta | 25 | $207,800 | +5.3% | n/a | n/a |
| Malone | 19 | $168,500 | +10.7% | n/a | n/a |
| Elmira | 16 | $177,300 | +7.1% | $1,300 | 7.4% |
| Batavia | 14 | $230,500 | +3.6% | n/a | n/a |
| Gloversville | 11 | $235,200 | +3.2% | n/a | n/a |
| Seneca Falls | 7 | $261,700 | +8.1% | n/a | n/a |
Home values by county
Of New York's 62 counties, New York County has the highest typical home value, $1,118,100, and Saint Lawrence County the lowest, $142,500. Among counties with at least five ZIP codes, Madison County has risen most over the year, up 9.6%, and Greene County has moved least, up 2.7%.
Show all 62 counties
| County | ZIP codes | Home value | 12 months | Monthly rent | Gross yield |
|---|---|---|---|---|---|
| New York County | 43 | $1,118,100 | +3.2% | $4,800 | 5.1% |
| Kings County | 38 | $1,036,500 | +4.3% | $3,300 | 4.1% |
| Nassau County | 67 | $905,900 | +6.2% | $3,600 | 4.9% |
| Westchester County | 67 | $901,300 | +7.8% | $3,200 | 4.6% |
| Suffolk County | 99 | $774,600 | +5.4% | $3,200 | 5.5% |
| Rockland County | 25 | $756,600 | +5.8% | $3,000 | 4.6% |
| Queens County | 56 | $738,800 | +3.8% | $2,900 | 4.9% |
| Richmond County | 12 | $723,600 | +4.7% | $2,500 | 4.3% |
| Putnam County | 8 | $585,000 | +5.4% | n/a | n/a |
| Dutchess County | 28 | $535,200 | +7.7% | $2,300 | 5.4% |
| Bronx County | 23 | $523,200 | +9.2% | $2,800 | 6.3% |
| Columbia County | 25 | $508,200 | +5.8% | n/a | n/a |
| Orange County | 37 | $490,900 | +5.3% | $2,400 | 6.5% |
| Ulster County | 49 | $454,100 | +4.6% | $2,200 | 5.8% |
| Saratoga County | 22 | $425,300 | +5.6% | $1,900 | 4.6% |
| Warren County | 20 | $390,100 | +6.7% | n/a | n/a |
| Greene County | 32 | $359,800 | +2.7% | n/a | n/a |
| Yates County | 7 | $342,200 | +8.0% | n/a | n/a |
| Albany County | 33 | $340,600 | +4.0% | $1,700 | 6.4% |
| Rensselaer County | 24 | $333,400 | +7.2% | $1,500 | 6.5% |
| Hamilton County | 10 | $333,000 | +4.5% | n/a | n/a |
| Sullivan County | 39 | $325,200 | +2.8% | n/a | n/a |
| Schenectady County | 13 | $324,600 | +5.0% | $1,500 | 5.9% |
| Erie County | 60 | $314,800 | +3.5% | $1,500 | 6.1% |
| Tompkins County | 8 | $302,300 | +4.9% | n/a | n/a |
| Onondaga County | 38 | $301,400 | +6.6% | $1,500 | 7.0% |
| Ontario County | 15 | $291,300 | +6.3% | $1,800 | 6.2% |
| Monroe County | 39 | $282,800 | +2.9% | $1,500 | 6.7% |
| Washington County | 19 | $273,300 | +6.0% | n/a | n/a |
| Niagara County | 18 | $266,400 | +8.2% | $1,200 | 9.0% |
| Delaware County | 27 | $264,500 | +3.1% | n/a | n/a |
| Essex County | 27 | $261,800 | +4.7% | n/a | n/a |
| Seneca County | 6 | $256,700 | +6.1% | n/a | n/a |
| Schoharie County | 16 | $246,000 | +8.0% | n/a | n/a |
| Madison County | 19 | $244,900 | +9.6% | n/a | n/a |
| Oneida County | 41 | $243,500 | +6.3% | $1,400 | 8.2% |
| Cayuga County | 14 | $239,000 | +6.0% | n/a | n/a |
| Livingston County | 19 | $236,900 | +4.2% | n/a | n/a |
| Schuyler County | 10 | $236,100 | +4.2% | n/a | n/a |
| Fulton County | 11 | $235,200 | +3.2% | n/a | n/a |
| Jefferson County | 26 | $233,700 | +5.5% | n/a | n/a |
| Genesee County | 12 | $230,500 | +3.6% | n/a | n/a |
| Wayne County | 15 | $227,900 | +8.3% | n/a | n/a |
| Wyoming County | 16 | $225,700 | +3.7% | n/a | n/a |
| Herkimer County | 17 | $221,900 | +8.3% | n/a | n/a |
| Orleans County | 7 | $220,500 | +8.0% | n/a | n/a |
| Montgomery County | 9 | $218,800 | +6.2% | n/a | n/a |
| Oswego County | 19 | $217,700 | +8.7% | n/a | n/a |
| Otsego County | 24 | $206,400 | +3.0% | n/a | n/a |
| Clinton County | 21 | $204,300 | +7.3% | n/a | n/a |
| Tioga County | 12 | $203,000 | +8.4% | n/a | n/a |
| Cortland County | 9 | $200,300 | +5.4% | n/a | n/a |
| Lewis County | 13 | $199,200 | +5.7% | n/a | n/a |
| Broome County | 19 | $197,300 | +5.8% | $1,300 | 8.8% |
| Chautauqua County | 31 | $184,200 | +6.9% | n/a | n/a |
| Chemung County | 15 | $178,000 | +7.2% | $1,300 | 7.4% |
| Cattaraugus County | 22 | $177,600 | +6.5% | n/a | n/a |
| Steuben County | 24 | $169,000 | +5.5% | n/a | n/a |
| Chenango County | 15 | $166,300 | +9.3% | n/a | n/a |
| Franklin County | 17 | $154,100 | +8.7% | n/a | n/a |
| Allegany County | 22 | $148,400 | +8.7% | n/a | n/a |
| Saint Lawrence County | 32 | $142,500 | +5.4% | n/a | n/a |
Where prices are rising fastest
The ten ZIP codes with the strongest change in home values over the past twelve months. Among the larger half of New York's ZIP codes by population, so that places with only a handful of sales a year do not crowd the list.
| ZIP code | Area | Home value | 12 months | 5 yrs, per year |
|---|---|---|---|---|
| 10470 | New York | $660,500 | +14.3% | +3.4% |
| 13460 | Sherburne | $193,400 | +13.7% | +5.6% |
| 10514 | Chappaqua | $1,561,100 | +13.6% | +7.9% |
| 11568 | Old Westbury | $3,122,900 | +13.5% | +9.1% |
| 12754 | Liberty | $278,200 | +13.5% | +12.7% |
| 10538 | Larchmont | $1,788,200 | +13.0% | +7.9% |
| 11559 | Lawrence | $2,277,800 | +12.8% | +10.5% |
| 10803 | Pelham | $1,447,800 | +12.7% | +9.1% |
| 10706 | Hastings on Hudson | $1,173,300 | +12.3% | +7.9% |
| 10533 | Irvington | $1,323,000 | +11.7% | +6.0% |
Where prices are falling
Across New York, 48 ZIP codes are below where they were a year ago. These are the ten largest declines among the larger half by population.
| ZIP code | Area | Home value | 12 months | From its peak |
|---|---|---|---|---|
| 11372 | New York | $431,800 | −5.4% | −29.7% |
| 11104 | New York | $538,200 | −5.2% | −34.6% |
| 10018 | New York | $1,308,000 | −4.7% | −36.7% |
| 10463 | New York | $360,000 | −4.6% | −21.6% |
| 10036 | New York | $969,000 | −4.3% | −22.7% |
| 10034 | New York | $459,200 | −4.2% | −23.0% |
| 14209 | Buffalo | $324,800 | −2.3% | −4.8% |
| 14621 | Rochester | $116,100 | −1.9% | −2.3% |
| 10027 | New York | $801,400 | −1.8% | −41.5% |
| 10030 | New York | $705,400 | −1.7% | −2.8% |
Best rental yields
Gross yield is a year's rent divided by the home value, before costs. These are the highest yields among the larger ZIP codes with rent data.
| ZIP code | Area | Home value | Monthly rent | Gross yield | Rent, 12 months |
|---|---|---|---|---|---|
| 14605 | Rochester | $101,600 | $1,200 | 14.5% | n/a |
| 14621 | Rochester | $116,100 | $1,300 | 13.9% | +2.7% |
| 14611 | Rochester | $123,800 | $1,400 | 13.3% | +11.9% |
| 14303 | Niagara Falls | $110,100 | $1,200 | 13.1% | n/a |
| 14901 | Elmira | $115,400 | $1,300 | 13.1% | n/a |
| 14608 | Rochester | $123,200 | $1,300 | 13.0% | +11.5% |
| 14204 | Buffalo | $187,700 | $1,900 | 12.4% | +0.7% |
| 14301 | Niagara Falls | $114,000 | $1,200 | 12.4% | n/a |
| 13204 | Syracuse | $154,300 | $1,500 | 12.1% | +6.4% |
| 13205 | Syracuse | $149,400 | $1,500 | 11.8% | n/a |
Most affordable against local incomes
Home value divided by the median household income of the people who live in the ZIP code. A lower multiple means homes cost fewer years of local earnings. The state typical is 4.0×.
| ZIP code | Area | Home value | Median income | Price to income |
|---|---|---|---|---|
| 13669 | Ogdensburg | $117,300 | $70,300 | 1.7× |
| 14895 | Wellsville | $128,700 | $63,900 | 2.0× |
| 14904 | Elmira | $106,700 | $53,200 | 2.0× |
| 14905 | Elmira | $184,000 | $90,800 | 2.0× |
| 14843 | Hornell | $121,300 | $57,900 | 2.1× |
| 13662 | Massena | $126,000 | $59,100 | 2.1× |
| 12953 | Malone | $149,600 | $68,800 | 2.2× |
| 12972 | Peru | $284,200 | $125,400 | 2.3× |
| 14760 | Olean | $126,200 | $54,900 | 2.3× |
| 14572 | Wayland | $168,600 | $72,600 | 2.3× |
Who is moving in
Household moves between the 2022 and 2023 tax years, measured county by county. Summed across its counties, New York lost 143,876 households on net, and the households that left took $19.8bn more income than the arrivals brought. Of its 62 counties, 14 gained households. The tables show the largest gains and losses; the last column is how much more, or less, the average arriving household earned than the average household that left.
| County | Net households | Net income moved | Arrivals vs leavers, per household |
|---|---|---|---|
| New York County | +8,544 | −$5.6bn | −$44,295 |
| Saratoga County | +554 | +$170m | +$9,320 |
| Ulster County | +330 | +$343m | +$34,142 |
| Warren County | +272 | +$30m | +$3,060 |
| Schenectady County | +198 | −$40m | −$6,171 |
| Delaware County | +108 | +$25m | +$8,575 |
| Fulton County | +78 | +$5m | +$255 |
| Genesee County | +60 | −$8m | −$4,843 |
| County | Net households | Net income moved | Arrivals vs leavers, per household |
|---|---|---|---|
| Queens County | −34,218 | −$3.7bn | −$9,894 |
| Bronx County | −32,638 | −$2.1bn | −$8,095 |
| Kings County | −21,570 | −$1.6bn | +$2,791 |
| Nassau County | −12,768 | −$1.4bn | +$797 |
| Suffolk County | −11,536 | −$1.6bn | −$4,639 |
What CITIZEN sees
CITIZEN grades every US ZIP code on one national scale, reading price and its direction, rent, local earnings, resident equity and where buyers and their money are arriving from. Grades are ranks: an A is the top 10% of the country, an F the bottom 10%. In New York, 404 of 1,561 ZIP codes grade A and 14 grade F. Which ones, and why, is in CITIZEN.
Questions
Are home prices going up or down in New York?
Up. Home values across New York are up 4.9% over the past twelve months, to a typical $332K, and 1,511 of its 1,561 ZIP codes are higher than a year ago.
What is the typical home value in New York?
$332,200 across New York's 1,561 ZIP codes, as of August 2026. Among its metro areas, the typical home ranges from $143,000 in Ogdensburg to $806,000 in New York.
What is the cheapest place to buy a house in New York?
Among New York's metro areas with at least eight ZIP codes, Ogdensburg has the lowest typical home value, $143,000. Among the larger half of its ZIP codes, 14605 in Rochester is the cheapest, at $101,600.
Where are home prices rising fastest in New York?
10470 in New York (+14.3%), 13460 in Sherburne (+13.7%) and 10514 in Chappaqua (+13.6%), over the past twelve months, among the larger half of its ZIP codes.
What is the typical rent in New York?
About $2,700 a month, across the 406 ZIP codes with rent data, up 5.2% over the past year.
Are people moving to New York?
On balance, no. Between the 2022 and 2023 tax years, New York lost 143,876 households on net from moves, summed across its counties.
Other states
- Connecticut
- New Jersey
- Vermont
- Rhode Island
- New Hampshire
- Massachusetts
- Pennsylvania
- Delaware
- All states
- Rankings
Sources and method
- Source: CITIZEN, Lualdi Advisors' US housing market intelligence. Home values and rents through August 2026; household incomes 2020 to 2024; migration for tax years 2022 to 2023.
- State, metro and county figures are medians across their ZIP codes, not a separate index. The two-year chart is the median ZIP value for each month. Grades and scores are CITIZEN's own.
- ZIP code lists use the larger half of the state's ZIP codes by population.
- Updated monthly. Last updated 2026-10-14.
