New York
Local Housing Market · Zillow ZHVI · March 2026
$507,794
Typical Home Value
▲ 4.8% YoY ▲ 0.52% MoM
6.37%
30Y Mortgage Rate
PMMS · May 07, 2026
44bps
YoY Rate Change
▼ Lower than 1yr ago
199bps
30Y/10Y Spread
Norm ~170bps
🏘 New York Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$507,794
▲ 4.8% YoY
Month-over-Month
▲ 0.52% MoM
March 2026
Data Period
March 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
6.37%
PMMS · May 07, 2026
15Y Fixed
5.72%
PMMS · May 07, 2026
1yr Ago 30Y
6.81%
▼ Rates lower now
30Y/10Y Spread
199bps
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 · April 2026
• Inventory is up 6.0% YoY and listing prices are softening 1.5% YoY with 8.3% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 50 days — a moderate-paced market. Pending ratio is 0.56 — strong buyer demand, expect competitive purchase timelines.
• New listings are increasing 6.2% YoY. More sellers entering the market supports purchase loan volume.
Median Listing Price
$688,844
▼ 1.5% YoY
Median Days on Market
50d
0d YoY
Active Listings
33,453
▲ 6.0% YoY
New Listings
17,508
▲ 6.2% YoY
Price Reduced Share
8.3%
of active listings
Pending Ratio
0.56
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) · April 2026
Rochester
STABLE
National rank #4
Median Price
$299,950
Median DOM
25d
Demand score 95/100
Buffalo-Cheektowaga
▼ COOLING
National rank #39
Median Price
$264,750
Median DOM
37d
Demand score 81/100
Binghamton
▼ COOLING
National rank #46
Median Price
$214,500
Median DOM
43d
Demand score 94/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply