Updated May 2026 · Redfin
New York Real Estate Market Update, May 2026
Here are the latest housing market numbers for New York, NY, for May 2026, from the Redfin Data Center. Median sale price, days on market, inventory and more, with month-over-month and year-over-year change. The median sale price is $899K.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $899K | ▲ +3.3% | ▲ +2.2% |
| Days on market | 68 | ▼ -19.0% | ▲ +11.5% |
| Homes for sale | 16,047 | ▼ -1.9% | ▼ -8.9% |
| Sale-to-list | 98.3% | ▲ +0.2% | ▲ +0.3% |
| Months of supply | 7.5 | ▲ +4.2% | ▲ +13.6% |
| Homes sold | 2,141 | ▼ -6.2% | ▼ -19.3% |
Figures from Redfin Data Center. Verify against your MLS before posting.
What the New York numbers say
Prices in New York are still rising. The median sale price reached $899,000, up 2.2% year over year. The market has loosened: a typical listing now takes around 68 days to go under contract, with sellers getting 98.3% of list price.
With 16,047 homes for sale and 7.5 months of supply, New York is currently a buyer's market.
What this means if you sell in New York
Use these figures to set expectations early with each client. Lead a listing appointment with the $899K median price and the 68-day pace, show the year-over-year direction, and frame New York as a buyer's market. A buyer or seller client trusts an agent who knows the numbers cold, and posts them every month.
How we track the New York market
We built LOKAL to pull New York's numbers straight from the Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $899K median sale price, +2.2% year over year, 68 days on market and a 98.3% sale-to-list ratio across 2,141 recorded sales. That compares with roughly $880K a year earlier, in 2025. Redfin has published this market data monthly since 2020, which is what lets us show month-over-month and year-over-year change here in 2026. We refresh every metro monthly. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.
Turn these New York numbers into a finished post.
Open LOKAL with New York already selected. You'll get a carousel, story and square graphic with these figures in place, ready to export in seconds.
Build the New York post →Frequently asked: the New York housing market
- What is the median home price in New York, NY?
- As of May 2026, the median sale price in New York is $899,000 (+2.2% year over year), per the Redfin Data Center.
- Is New York a buyer's or seller's market right now?
- New York is currently a buyer's market, based on 7.5 months of supply and a 98.3% sale-to-list ratio for May 2026.
- How long do homes take to sell in New York?
- A typical New York listing goes under contract in about 68 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this New York market data come from?
- All figures come from the Redfin Data Center, refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic for New York agents. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center. Figures are a metro-level snapshot, not a valuation for a specific home.
New York housing market by ZIP code
See New York block by block. These 26 New York-area ZIP codes each have their own real Redfin median price, days on market and supply.