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The median home value in New York, NY is $832,934 as of 2026-07-31, up 3.93% from a year earlier.
Median Home Value
$832,934
Year-over-Year
+3.93%
Population
8,299,271
New York ranks #22 of 95 New York cities tracked here by median home value, and sits 87.1% above the state's city median of $445,174. It sits in Queens County, where the county-wide median is $751,364.
Median household income in New York is $80,483, so the typical home value is about 10.3× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
New York police recorded a violent crime rate of 671 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 2,368 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In New York, that value is $832,934. That's up 3.93% from a year earlier. It is about 87.1% above the typical New York city tracked here.
Homes in New York are more expensive than Queens County as a whole, where the median is $751,364 — a difference of about 10.9%.
Median household income here is $80,483, so the typical home value is about 10.3× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
New York police reported 671 violent crimes per 100,000 residents, covering a population of about 8,299,271. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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