New York
Local Housing Market · Zillow ZHVI · May 2026
$517,805
Typical Home Value
▲ 5.1% YoY ▲ 0.39% MoM
6.49%
30Y Mortgage Rate
PMMS · Jul 09, 2026
26bps
YoY Rate Change
▼ Lower than 1yr ago
195bps
30Y/10Y Spread
Norm ~170bps
🏘 New York Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$517,805
▲ 5.1% YoY
Month-over-Month
▲ 0.39% MoM
May 2026
Data Period
May 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.49%
PMMS · Jul 09, 2026
15Y Fixed
5.82%
PMMS · Jul 09, 2026
1yr Ago 30Y
6.75%
▼ Rates lower now
30Y/10Y Spread
195bps
Tight · norm ~170bps
Freddie Mac PMMS via FRED · National rates · State-specific rates may vary slightly
📋 Realtor.com Market Data · New York
Market Indicators
REALTOR.COM🏦 LO Market Signal · June 2026
• Inventory is up 5.9% YoY and listing prices are flat 0.5% YoY with 9.5% of listings carrying a price cut. Pricing is stable — comps should be reliable.
• Homes are selling in a median 50 days — a moderate-paced market. Pending ratio is 0.62 — strong buyer demand, expect competitive purchase timelines.
• New listings are increasing 24.5% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$689,000
▼ 0.5% YoY
Median Days on Market
50d
0d YoY
Active Listings
40,124
▲ 5.9% YoY
New Listings
23,472
▲ 24.5% YoY
Price Reduced Share
9.5%
of active listings
Pending Ratio
0.62
pending ÷ active
Realtor.com Research · State-level inventory data · Updated monthly
Hottest Markets in New York
REALTOR.COMTop metros by national hotness rank (supply + demand composite) · June 2026
Rochester
▼ COOLING
National rank #6
Median Price
$329,900
Median DOM
24d
Demand score 94/100
Buffalo-Cheektowaga
▼ COOLING
National rank #34
Median Price
$265,000
Median DOM
31d
Demand score 79/100
Syracuse
▼ COOLING
National rank #41
Median Price
$315,000
Median DOM
38d
Demand score 93/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply