HOME VALUE FORECAST

New York home value forecast for 2027

Typical list prices across New York, NY, this year's direction, and the longer-run trend.

The typical home in New York is listed at $893,000, -2.5% on a year earlier. Projected forward, a typical home would be worth about $871,000 in 2027 and $989,000 in 2031.

The first 2 years follow this year's change in list prices (-2.5%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+5.2% a year).

The short-term and long-term signals disagree. List prices in New York moved -2.5% over the past year, while the FHFA index rose +5.2% a year from 2020 to 2025. The projection follows today's direction for 2 years before returning to the long-run average, and nobody knows when, or whether, that turn comes. Treat years 3 to 5 as the less certain part.

New York home values by year

New York, NY: typical list price, current and projected
YearTypical home valueAnnual change used
2026 (now)$893,000—
2027 (projected)$871,000-2.5% (this year's listings)
2028 (projected)$849,000-2.5% (this year's listings)
2031 (projected)$989,000+5.2% (FHFA 2020–2025)

Homes for sale in these ZIP codes have been on the market a median of 78 days.

By ZIP code

New York, NY: RentCast median list price and FHFA annual trend for each sampled ZIP
ZIPMedian list priceA year agoSale listingsFHFA trend 2020–2025
11368$599,000$1,029,000211No ZIP index
11208$925,000$899,888148+6.4%/yr
11385$1,149,000$1,099,950163+5.0%/yr
11226$650,000$699,000134No ZIP index
11373$559,000$558,000236No ZIP index
10467$245,000$270,000106+7.8%/yr
11236$829,000$819,000186+4.9%/yr
11219$850,000$1,050,00098No ZIP index
10314$760,000$749,000366+5.2%/yr
11207$799,000$849,999218+4.5%/yr
10025$1,295,000$1,249,000338No ZIP index
11220$1,299,000$1,298,000136No ZIP index
11221$1,280,000$1,125,000186No ZIP index
11206$1,025,000$1,200,00063No ZIP index
11214$939,000$868,000217+2.4%/yr

Read this with care

List prices are what sellers ask, not what homes sell for, and a one-year change in them can swing with what happens to be on the market. The FHFA trend covers 2020 to 2025, including the pandemic-era run-up, so it may overstate where prices go from here. The projection is both trends carried forward, not a call on the next turn.

Source: RentCast market data for 15 of New York's 183 ZIP codes (the most populous, home to 17% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 14, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.

Frequently asked questions

What will homes in New York, NY be worth in 2027?

A typical $893,000 home would be worth about $871,000 in 2027. The first 2 years follow this year's change in list prices (-2.5%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+5.2% a year).

What is the typical home price in New York, NY?

The typical list price is $893,000, across 2,806 active sale listings in 15 ZIP codes.

Are home prices in New York going up or down?

Over the past year, list prices in these ZIP codes moved -2.5%. The longer FHFA trend from 2020 to 2025 is +5.2% a year.

Forecast a specific ZIP's home values