Are property prices rising in New York?

National house prices in United States rose +0.6% year on year as of Q1 2026, which is the benchmark we use for the New York market. Adjusted for inflation, prices fell -2.1% in real terms.

What happened to United States house prices last quarter?

Prices moved -0.2% quarter on quarter as of Q1 2026. Quarterly moves are volatile, so read them alongside the annual trend rather than on their own.

How much have prices changed in United States over the long run?

The United States house price index has moved +33.1% over five years and +81.5% over ten years as of Q1 2026. That long-run path is usually a better guide to New York entry timing than a single year of data.

Is property in New York affordable?

The price-to-income ratio for United States stands at 125.6 as of Q1 2026 (index, long-term average = 100), so housing is more expensive relative to incomes than its own historical norm.

Is it better to buy or rent in New York?

The price-to-rent ratio for United States is 133.4 as of Q1 2026 (index, long-term average = 100). Buying is expensive relative to renting by historical standards, which lengthens the payback period on a New York purchase.

How fast are rents growing in United States?

Rents changed +4.4% year on year as of Q1 2026. Rental growth drives the income side of any New York investment case, so track it next to the price trend.

Where does the New York price data come from?

Figures on this page are derived from the Bank for International Settlements residential property price statistics, harmonised into a single comparable index across all countries we cover as of Q1 2026. We publish national-level official statistics only — no modelled or estimated city figures.

New York, United States

New York residential property market & neighbourhood guide

Author: Global Property Search Research DeskMarket data team
Last update: Aug 2026
Next update: Aug 2027
Reviewed against: National statistics office, Land registry data, Partner agency pricing

Independently researched and fact-checked against official sources. See our methodology and data sources.

All Cities

United States

New York Property Guide

New York Property Prices

Current market data and investment indicators

Avg. Price per m²

—

Range: —

Rental Yield

—

Gross annual return

YoY Price Change

—

Last 12 months

Foreign Buyers

Allowed

No restrictions

Data updated December 2024. Prices are indicative and may vary by property type and location.

Frequently Asked Questions

Answers for New York built from the latest official United States housing statistics.

See the full dataset behind these answers in the United States market report.

Get Full Access

Explore residential property market data and insights. Updated every quarter.

Global Property Search

Compare Global Real Estate Markets

Market Analysis
Median Asking Prices
Rental Yields
Median Rent Prices
Square Meter Prices
Property Taxes
House Price Index
Datasets and Graphs
Rent Price Index
Historical Time-Series
Mortgage Rates
Real Estate Transactions

Stay Ahead of Global Property Trends

Every two weeks we send one email with global property insights, city rankings, and selected partner stories.

No spam. Unsubscribe anytime. We respect your inbox.