Buying0 views · 1 answer
How much income do I need to buy a home in New York?
New York snapshot
As of the latest 2026 data- Median listing
- $749K
- YoY -0.0%
- Active inventory
- 36,676
- YoY +0.0%
- Median DOM
- 56
- YoY -0.0%
- Pending ratio
- 0.51
- YoY -0.2%
- Price-reduced
- 10.2%
- YoY +0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
I cannot calculate the exact income needed to buy a home in the New York-Newark-Jersey City area with the data provided. The information I have focuses on home prices, inventory, and how long homes stay on the market. I do not have data on income levels, mortgage rates, or typical down payments, which are all essential for figuring out how much income is needed to afford a home. The median listing price in the New York-Newark-Jersey City area is $749,000 right now. This price has gone down by 3.0% from the previous month and is 1.5% lower than it was over the past year. Homes are selling for about $490 per square foot. There are 36,676 active listings, which is 3.2% more than over the past year. This means there are more homes available now. Homes are staying on the market for 56 days, which is slightly less time than over the past year. About 10.2% of homes have had their prices reduced. While I can tell you about the market
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