New York

Local Housing Market · Zillow ZHVI · July 2026

$527,312

Typical Home Value

▲ 5.3% YoY ▲ 0.50% MoM

6.65%

30Y Mortgage Rate

PMMS · Aug 20, 2026

9bps

YoY Rate Change

▲ Higher than 1yr ago

195bps

30Y/10Y Spread

Norm ~170bps

🏘 New York Home Values

Zillow Home Value Index (ZHVI)

Zillow

Typical Home Value

$527,312

▲ 5.3% YoY

Month-over-Month

▲ 0.50% MoM

July 2026

Data Period

July 2026

Updated monthly

Zillow ZHVI · State-level · Smoothed, seasonally adjusted · Updated monthly

📊 National Mortgage Rates

Current Mortgage Rates

Freddie Mac PMMS

30Y Fixed

6.65%

PMMS · Aug 20, 2026

15Y Fixed

5.95%

PMMS · Aug 20, 2026

1yr Ago 30Y

6.56%

▲ Rates higher 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 · July 2026

• Inventory is up 2.7% YoY and listing prices are softening 1.0% YoY with 10.3% of listings carrying a price cut. Appraisal risk is lower, but watch for value gaps on pending deals.

• Homes are selling in a median 57 days — a slower market. Pending ratio is 0.65 — strong buyer demand, expect competitive purchase timelines.

• New listings are declining 2.6% YoY. Fewer new listings may constrain purchase pipeline — focus on pre-approvals to capture demand early.

Median Listing Price

$664,500

▼ 1.0% YoY

Median Days on Market

57d

0d YoY

Active Listings

39,525

▲ 2.7% YoY

New Listings

15,092

▼ 2.6% YoY

Price Reduced Share

10.3%

of active listings

Pending Ratio

0.65

pending ÷ active

Realtor.com Research · State-level inventory data · Updated monthly

Hottest Markets in New York

REALTOR.COM

Top metros by national hotness rank (supply + demand composite) · July 2026

Rochester

▼ COOLING

National rank #6

Median Price

$307,450

Median DOM

31d

Demand score 94/100

Binghamton

▼ COOLING

National rank #10

Median Price

$224,300

Median DOM

36d

Demand score 96/100

Syracuse

▼ COOLING

National rank #36

Median Price

$322,400

Median DOM

41d

Demand score 91/100

Realtor.com Hotness Index · Metro-level · Higher demand score = more buyer activity relative to supply