Photo: Dllu · CC BY-SA 4.030,606 homes sold in New York City in the last year, at a typical $881K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New York City homes are listed.
Every place New York City homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to New York City.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
56% of New York City’s sales are condos, at $29K less than a house
7772 houses and 17169 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 7772 sold in the year to May 2026
- Per square foot
- $539NY $316
- Days to sell
- 53
- Sold over asking
- 27%
- Listings with a price cut
- 18%
typical sale · 17169 sold in the year to May 2026
- Per square foot
- $1,019NY $832
- Days to sell
- 76
- Sold over asking
- 8%
- Listings with a price cut
- 21%
Multi-family (2–4 units): 5080 sold, typical $1.1M
Townhouses: 710 sold, typical $2M
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.4 times the 2016 price
30,606 sales in the last year, against 45,232 in 2021 and a low of 25,696 in 2020. The typical sale went from $627K in 2016 to $881K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $900K buys in New York City
Check a listing against what New York City homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in New York City are back to pre-pandemic levels, but a quarter fewer homes come up for sale
We read every month of New York City’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 30,606 sales.
If you’re buying in New York City
- Shop in March. It brings about 4943 new listings a month, close to the busiest month, with fewer bidding wars (11% over asking).
- Bid near asking. Buyers paid 98.2% of the list price on average; 17% paid over.
- You’ll usually have time. Only 8% of homes go under contract within two weeks; the typical one takes 68 days.
Fall brings the homes; summer brings the bidding wars
September has the most new listings (about 5062 a month), but August is the most competitive: 14% of August sales close over asking. March and April offer nearly as much choice with fewer homes bid up (11%). March has the least competition (11%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than New York State
| New York City now | 2017–19 | 2021 peak | NY now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 17% | 12% | 12% | 39% |
| Gone within two weeksShare of homes under contract within 14 days | 8% | 3% | 5% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 98.2% | 97.4% | 97.9% | 100.5% |
| Days to sellMedian days from listing to contract | 68 | 117 | 87 | 43 |
15443 homes for sale on a typical day
That’s 29% fewer than in 2017–19 and well under 2020’s 23727.
Since 2019, houses are up 33%, condos 5%
A house typically sold for $806K in the year to May 2026 (7772 sales), a condo for $778K (17169).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
New York City ranks 350th of 363 busy New York State markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. New York City is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2016 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical New York City home costs about $5,215 a month
Price: New York City’s typical sale, last 12 months. Property tax at New York City’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether New York City is affordable on local pay is on Cost of living.
Five things worth knowing
New listings in September
The month with the most choice. December has the fewest, about 2211.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $881K home, about $7,410 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in New York City.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Jersey City, Union City, Bayonne, West New York and Guttenberg sell for less a square foot; Hoboken for far more
The busier markets within 25 miles of New York City, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| New York City | 30,606 | $881K | $629 | 17% | 68 |
| Jersey City | 1,890 | $743K | $558 | 27% | 56 |
| Hoboken | 625 | $988K | $959 | 48% | 29 |
| Bayonne | 361 | $658K | $355 | 47% | 41 |
| Union City | 244 | $536K | $421 | 36% | 72 |
| West New York | 191 | $589K | $502 | 34% | 65 |
| Guttenberg | 109 | $395K | $382 | 18% | 91 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to New York City, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to New York City. People who follow the town see it, and so do people comparing New York City with their own town. No commission, no listing fee.
Questions about buying a home in New York City
What do homes sell for in New York City, NY?
30,606 homes sold in the year to September 2026 at a typical $881K, $629 a square foot. Houses sold for about $806K, condos for about $778K in the year to May 2026.
Is New York City a buyer’s or seller’s market?
A balanced market: 17106 homes were for sale in September 2026 and 2977 sold, about 5.7 months of supply. Buyers paid 98.2% of asking on average.
When is the best time to buy in New York City?
September brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in New York City?
About 0.8% of a home’s value a year. On a $881K home that’s near $7,410.
Where can I see homes for sale in New York City?
Zillow, Redfin, Realtor.com and Homes.com all carry New York City’s MLS listings; the search links above open each one filtered to New York City.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).