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The median home value in New York County, NY is $1,223,135 as of 2026-08-31, up 3.05% from a year earlier.
Median Home Value
$1,223,135
Year-over-Year
+3.05%
National Rank
#12 of 3071
New York County ranks 1st out of 62 counties in NY by median home price, and is +420.3% above the U.S. national median of $235,072. Within NY, the typical county has a median home value of $256,722, making New York County +376.4% above the NY state median.
The typical home value increased by 1.4%, from $1,206,341 in May 2026 to $1,223,135 in Aug 2026.
Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.
| Month | Typical home value | Year-over-year change |
|---|---|---|
| May 2026 | $1,206,341 | +2.2% |
| Jun 2026 | $1,217,330 | +2.3% |
| Jul 2026 | $1,254,053 | +2.6% |
| Aug 2026 | $1,223,135 | +3.0% |
Households here earn a median of $103,931 a year against a typical home value of $1,223,135 — a price-to-income ratio of 11.8×, past the 5× level generally described as severely unaffordable. That makes it one of the least affordable counties in the country relative to local wages. (How this is calculated.)
The median home value in New York County is $1,223,135. That's up 3.05% from a year earlier. That is about 420.3% above the U.S. national county median of $235,072, and makes New York County the 1st most expensive of 62 counties in New York.
Median household income here is $103,931, so a typical home costs about 11.8× annual household earnings — expensive compared with other U.S. counties.
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