How much is my house worth in New York City?

Properties For Sale in New York

The median home value in New York is $652,307. New York home values have declined -1.0% over the past year and Zillow predicts they will fall -3.3% within the next year. The median list price per square foot in New York is $660, which is higher than the New York-Newark-Jersey City Metro average of $294. The median price of homes currently listed in New York is $760,000 while the median price of homes that sold is $573,600. The median rent price in New York is $2,900, which is lower than the New York-Newark-Jersey City Metro median of $2,950.

Foreclosures will be a factor impacting home values in the next several years. In New York 0.1 homes are foreclosed (per 10,000). This is lower than the New York-Newark-Jersey City Metro value of 0.9 and also lower than the national value of 1.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in New York is 1.8%, which is higher than the national value of 1.1%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of New York homeowners underwater on their mortgage is 6.7%, which is lower than New York-Newark-Jersey City Metro at 8.5%.

USD $25,000,000 Guide Price

6 bedroom apartment for sale

Columbus Circle, New York,, Ny

Neighborhoods in Staten Island

NAME MEDIAN ZHVI
Lighthouse Hill $867,700
New Dorp $580,600
New Springville $534,900

 

NAME MEDIAN ZHVI
Richmond Town $521,400
Meiers Corners $513,600
Willowbrook $504,400

 

NAME MEDIAN ZHVI
Bulls Head $471,500
Bay Terrace $463,000
Heartland Village $360,100

 

Flatiron District New York Real Estate & Homes For Sale

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