New York, NY
Monthly housing intelligence, market trends, and trusted local expertise.
Updated: May 2026
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How Strong Is Your New York Home's Selling Position?
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The New York-Newark-Jersey City metropolitan area demonstrates a stabilizing market environment as of May 2026. The pending ratio stands at 0.50, suggesting a more balanced demand absorption relative to available inventory.
Active listings have increased by 4.2% year-over-year, accompanied by a 5.3% rise in new listings, indicating an expansion of available inventory. Concurrently, the pending ratio has experienced a significant year-over-year decline of 18.0%, although the median listing price shows only a modest monthly increase of 0.3% and a 2.5% annual decrease. This reflects a deceleration in demand absorption relative to the expansion of supply.
Five-borough market defined by co-op nuance and condo absorption.
Market Signals & Indicators
In a stabilizing market, the pace of transactions is moderate, influenced by a balanced negotiation environment. The expansion of active listings suggests that purchasers may have increased options, while the decline in the pending ratio limits upward pressure on pricing. Price discipline becomes increasingly relevant as the market adjusts to evolving supply and demand dynamics.
The average listing price has declined by 5.1% year-over-year, while the median listing price has decreased by 2.5%, suggesting a potential softening in the higher-priced segments. Concurrently, the median $/sqft has decreased slightly by 0.3% annually. No distinct luxury-segment signal in this dataset.
37,154 active listings represent the current floor, with new supply arriving at roughly 17,468 per month.
of active listings carry a price reduction, +0.6% from prior period.
Median price per square foot has moved -0.3% year-over-year.
Pending-to-active ratio — Stabilizing.
Geographic Distribution
Metro Demographics
ZIPs in New York, NY
10022
new york
$1.47M
604 active · 74 DOM
10016
new york
$999K
422 active · 58 DOM
10011
new york
$1.76M
375 active · 57 DOM
10021
new york
$1.60M
339 active · 59 DOM
10065
new york
$2.04M
315 active · 61 DOM
10003
new york
$1.50M
284 active · 47 DOM
10128
new york
$1.44M
262 active · 40 DOM
10025
new york
$1.42M
218 active · 46 DOM
10028
new york
$2.15M
196 active · 54 DOM
10014
new york
$2.15M
156 active · 51 DOM
10027
new york
$997K
132 active · 77 DOM
10002
new york
$1.50M
124 active · 60 DOM
10036
new york
$1.15M
120 active · 45 DOM
10005
new york
$1.16M
111 active · 68 DOM
10012
new york
$3.27M
110 active · 58 DOM
10038
new york
$1.18M
92 active · 51 DOM
10026
new york
$849K
86 active · 60 DOM
10029
new york
$775K
69 active · 51 DOM
Sorted by active inventory · click a ZIP for its full report
