New York County, New York Housing Data

Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$1,310,519
$2,131

Housing Market Overview

Metric New York County New York Avg US Average
Median Home Price $1,310,519 $436,407 $242,182
Price Trend (Annual %) 3.1% 6.9% 8.2%
Median Gross Rent $2,131 $1,576 $1,342
Rent Trend (Annual %) 4.4% 4.5% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
New York County
New York
United States
Year New York County New York United States
Median Rent Over Time
New York County
New York
United States
Year New York County New York United States

Affordability

On average, housing unit costs 12.5 yearly household incomes in New York County.

Metric New York County New York Avg US Average
Median Home Price $1,310,519 $436,407 $242,182
Median Household Income $104,976 $85,191 $78,145
Price-to-Income Ratio 12.5 5.1 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric New York County New York Avg US Average
Homeownership Rate 20.9% 48.7% 58.2%
Rental Rate 63.5% 41.1% 31.3%
Vacancy Rate 15.6% 10.2% 10.6%
Median Tenure (years) 14.0 16.0 14.0
Median Year Moved In 2011 2009 2011

Housing Stock

Metric New York County New York Avg US Average
Average Household Size 2.01 people 2.51 people 2.54 people
Median Structure Built Year 1958 1960 1978
Median Number of Rooms 2.8 4.5 5.0