New York
Local Housing Market · Zillow ZHVI · September 2026
$524,942
Typical Home Value
▲ 5.6% YoY ▲ 0.39% MoM
7.40%
30Y Mortgage Rate
PMMS · Oct 15, 2026
121bps
YoY Rate Change
▲ Higher than 1yr ago
230bps
30Y/10Y Spread
Norm ~170bps
🏘 New York Home Values
Zillow Home Value Index (ZHVI)
ZillowTypical Home Value
$524,942
▲ 5.6% YoY
Month-over-Month
▲ 0.39% MoM
September 2026
Data Period
September 2026
Updated monthly
Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly
📊 National Mortgage Rates
Current Mortgage Rates
Freddie Mac PMMS30Y Fixed
7.40%
PMMS · Oct 15, 2026
15Y Fixed
6.71%
PMMS · Oct 15, 2026
1yr Ago 30Y
6.19%
▲ Rates higher now
30Y/10Y Spread
230bps
Normal · 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 · September 2026
• Inventory is up 4.8% YoY and listing prices are softening 6.8% YoY with 11.2% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.
• Homes are selling in a median 61 days — a slower market. Pending ratio is 0.58 — strong buyer demand, expect competitive purchase timelines.
• New listings are declining 3.2% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.
Median Listing Price
$605,000
▼ 6.8% YoY
Median Days on Market
61d
0d YoY
Active Listings
40,537
▲ 4.8% YoY
New Listings
16,660
▼ 3.2% YoY
Price Reduced Share
11.2%
of active listings
Pending Ratio
0.58
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) · September 2026
Rochester
▼ COOLING
National rank #6
Median Price
$299,900
Median DOM
32d
Demand score 94/100
Binghamton
▼ COOLING
National rank #16
Median Price
$219,900
Median DOM
39d
Demand score 96/100
Buffalo-Cheektowaga
▼ COOLING
National rank #49
Median Price
$273,700
Median DOM
40d
Demand score 73/100
Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply