The median home in New York was worth $449,800 in 2024, up 33% from $338,700 in 2019. Since then, the FHFA house price index for the state has moved +5.3% over the year to 2026 Q2, after averaging +9.2% a year from 2020 to 2025.
Metro areas
| Metro area | Past year (to 2026 Q2) | 2020–2025 average |
|---|---|---|
| Buffalo-Cheektowaga, NY | +4.4% | +9.9%/yr |
| Rochester, NY | +4.5% | +11.2%/yr |
| New York-Jersey City-White Plains, NY-NJ | +5.7% | +7.9%/yr |
Home values in New York's largest cities
| City | 2019 | 2024 | Change |
|---|---|---|---|
| New York, NY | $680,800 | $778,600 | +14% |
| Buffalo, NY | $117,500 | $187,000 | +59% |
| Yonkers, NY | $422,700 | $521,700 | +23% |
| Rochester, NY | $87,000 | $164,300 | +89% |
Sources: U.S. Census Bureau, American Community Survey 1-year estimates (2019, 2023, 2024), median value of owner-occupied homes; FHFA all-transactions house price index for the state and for metro areas, through 2026 Q2. How Predictye calculates this.
Frequently asked questions
What is the median home value in New York?
$449,800 in 2024, from the Census Bureau's American Community Survey (owners' estimates).
Are home prices in New York going up or down?
The FHFA house price index for New York moved +5.3% over the year to 2026 Q2, after averaging +9.2% a year from 2020 to 2025.
How much have New York home values risen since 2019?
The median value rose from $338,700 in 2019 to $449,800 in 2024, +33%.