Housing Market in New York

Compare median home prices, monthly mortgages, and rent-vs-own ratios across 5 cities.

Avg Home Price

$---

Monthly Mortgage

$---

vs. National

---%

below average

Cities Tracked

---

Home Price Landscape

Zillow ZHVI

Median home values by city. Dashed line = national average ($467,370).

$812,534

$673,384

$232,351

$228,693

$204,630

City	Median Price	Mortgage/mo	Rent vs Own
New York City	$812,534	$4,325	0.86
Yonkers	$673,384	$3,584	0.74
Buffalo	$232,351	$1,237	1.12
Rochester	$228,693	$1,217	1.18
Syracuse	$204,630	$1,089	1.47

Zillow ZHVI — Zillow Home Value Index provides smoothed, seasonally-adjusted median home values per metro area.

Mortgage Model — 20% down, 7% 30-yr fixed. Property taxes, insurance, HOA are not included. Use as directional guidance only.

Rent vs Own Ratio — Monthly rent ÷ mortgage. Below 0.8 → buying favored. Above 1.2 → renting favored.

Updated monthly · May 2026

Crunching costs, sorting signals, rendering insights.