Is New York, NY 10060 a buyer’s or seller’s market?
New York is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The New York housing market right now
In the three months ending August 31, 2026, 0% of homes in New York, NY 10060 sold above their list price, the typical home went under contract in 40 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
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Where New York is
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Questions about New York real estate
Is New York a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in New York, NY 10060 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in New York?
The typical home went under contract in 40 days in the latest three months.
Do homes in New York sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.4% of the list price.
What is the median home price in New York?
The median sale price was $1,034,552 in the three months ending August 31, 2026, about $1,794 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology