2326 census tracts

New York.New York housing market

This New York housing market report covers about 3,678,500 homes across 2326 census tracts. The average of 3,583 active listings, $2,698,500, costs 32.5 times the median household income, the highest ratio of the 139 markets PriceDNA tracks.

Aerial view of lower Manhattan and New York Harbor
Lower Manhattan from the air, with the East River and the bridges to Brooklyn beyond. Tierney/Adobe Stock
Average listing price
$2,698,500
3,583 active listings · Realtor.com Economic Research, Monthly Housing Inventory · August 2026
Population growth
-0.4%
a year, 2020 to 2025 · Census population estimates
Approximate homes
3,678,500
across 2326 assigned tracts
Vacant homes
9.4%
of all homes
Renter-occupied
67%
of occupied homes

New York housing market context

These are city-level figures. To see how one property measures up against your goal, run a specific address.

01.

Location score distribution

How location scores vary across 2326 census tracts in New York.

median 75.1 54 91

Half of New York's tracts score between 71 and 79. The full range spans 54 to 91, with a median of 75.1.

Distribution of tract scores
Median (75.1)
Mean (75.1)

What the location score shows

PriceDNA Location Score™ is a 0 to 100 signal designed to summarize local strength and risk context for rental-property analysis. Higher scores generally point to stronger location fundamentals.

The middle half of New York's tracts is 8.0 points wide on the score, wider than in 125 of the 139 markets PriceDNA tracks.

To see the location score for your specific property, analyze a property

02.

Housing composition

Key housing statistics for approximately 3,678,500 homes in New York, including occupancy, tenure, and structure type.

Tenure of occupied homes: owner 33%, renter 67%.
Tenure of occupied homes Owner 33% · Renter 67%
Housing occupancy: occupied 90.6%, vacant 9.4%.
Occupancy Occupied 90.6% · Vacant 9.4%

Of about 3,678,500 homes, 9.4% are vacant. Among occupied homes, 67% are renter-occupied, providing context on the size of the local rental base.

By structure type, about 16% of New York’s housing units are in single-family structures, 21% in small multifamily buildings (2 to 4 units), and 62% in larger multifamily buildings (5+ units). Percentages are rounded; small residual structure categories are not shown.

03.

How New York compares

New York's median is above the New York median on 5 of these 8 measures and above the U.S. median on 6. The city range shows the lower quarter, median and upper quarter of its census tracts.

How New York compares with New York and United States medians
Metric New York lower · median · upper New York New York NY United States US
Census ACS B19013 · 2020 to 2024
$64,003 $83,066 $103,538 $82,999 $77,171
Census ACS B15003 · 2020 to 2024
32% 42% 56% 45% 41%
Census ACS B01001 · 2020 to 2024
30% 33% 38% 31% 32%
FHFA HPI · 2025
3.3% 4.1% 4.3% 5.5% 5.2%
HUD SAFMR · 2018 to 2027 + Census ACS B25064 · 2014 to 2024
3.8% 4.3% 4.8% 4.2% 3.8%
Census ACS B25103 · 2020 to 2024 + Lincoln Institute
2.49% every tract 2.49% 1.65%
Census ACS B25141 · 2020 to 2024 + U.S. Treasury FIO
0.29% 0.34% 0.43% 0.42% 0.56%
Census ACS B25064 + B19013 · 2020 to 2024
29.2% 32.7% 36.6% 31.8% 30.8%
04.

About this data

PriceDNA uses the most local reliable data available for each metric. Some signals are available at the census-tract level. Others are published or more reliable at broader geographies such as county, metro, state, or national level.

Housing-unit totals are approximate. PriceDNA sums Census ACS counts for the tracts assigned to the city by centroid, so the market total can differ from a municipal boundary count when a tract crosses the city line.

The property-tax assumption combines local residential tax data with a state-level apartment benchmark to provide more conservative context for rental-property underwriting. Insurance assumptions use available residential property insurance data and should be verified for the specific property and coverage.

These pages are designed for market screening and investor education. They do not replace property-level underwriting, inspections, appraisals, insurance quotes, lender review, or professional advice.

05.

Nearby markets

Market pages for other cities within 300 miles.

You've seen New York. Now analyze a specific address.

PriceDNA's goal-convergent valuation shows the purchase price that supports your investing goal, not just the market average.