New York Real Estate Forecast, New York Area Housing Prices and Home Value Trends and Predictions

Is buying a house in New York a good investment? The median home price in New York City today: 702146 USD (+0.2053%)

Current Price
1-Year Forecast *
5-Year Forecast *
New York city real estate market report for buying and selling homes with median prices:
"Is it a good time to buy homes in New York City?" "Does investing in real estate in New York (New York State, Queens County) worth it?" According to our live Forecast System, buying a house in New York City is a not so good short-term (1-year) investment*. The New York average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "New York" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in New York City in New York State, Queens County. If you are looking for homes for sale with good flipping profit, New York can be a profitable property investment option. The median price of an average house in New York was 702146 USD on 2023-07-14. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "New York" area is 793284 USD by 2028-07-31. For a 5-year investment the profit is expected to be around +12.98% meaning that investing 100000 USD today may yield a profit of 112980 USD by 2028.
Current Median Listing Price: 702146 USD
Median Listing Price Per Square Foot: 390 USD

New York City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.
New York prediction details
New York City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year
Walletinvestor.com

New York City (New York State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2023-2029

The long-term housing forecast is based on all the available median listing price recorded up to today.
New York prediction details
New York City (New York State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2028-2028
Walletinvestor.com

Detailed Trend Components of the New York Property Price Forecast and Prognosis

New York prediction details
Detailed Data for the New York City Real Estate Forecast Charts of the Upcoming Months and Year
Walletinvestor.com

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2022Open: 677230Close: 687261Low: 677230High: 687261
2021Open: 661254Close: 675667Low: 661254High: 675667
2020Open: 648100Close: 659649Low: 648100High: 659649
2019Open: 653000Close: 647800Low: 647800High: 653000
2018Open: 620010Close: 652330Low: 620010High: 652330
2017Open: 579820Close: 617820Low: 579820High: 617820
2016Open: 543510Close: 575710Low: 543510High: 575710
2015Open: 505980Close: 540750Low: 505980High: 540750
2014Open: 473530Close: 503680Low: 473530High: 503680
2013Open: 444430Close: 470270Low: 444430High: 470270
2012Open: 437470Close: 442820Low: 435680High: 442820
2011Open: 441700Close: 437710Low: 437650High: 443790
2010Open: 439960Close: 442600Low: 437790High: 444970
2009Open: 473260Close: 439770Low: 439770High: 473260

Questions and Answers about the New York Housing Market Forecast

How much does an average home cost in New York today?

The value of an average home (the listing price) in New York City is 702146 USD.

What is the average price per square foot in New York City?

According to Walletinvestor the median price per square foot in New York City is 390 USD.

Will the median listing price of homes in New York City grow / rise / go up?

Yes. The New York home prices may rise from 702146 USD to 721614 USD in one year.

Is it profitable to invest in New York homes?

Yes. The long-term profit potential is +2.77% in one year.

Will New York house prices fall / drop?

No. See above.

What is the predicted price of a New York home in 2028?

The predicted home sales price of a New York home in 2028 in New York City is 793284 USD.

What is the predicted price of a New York home in 2033?

The predicted home sales price of a New York home in 2033 in New York City is 866482 USD.

Will real estate prices decrease in New York?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

New York City is the 1. largest city in the United States, located in New York State.

During the last 12 months the real estate prices in Queens, New York City increased, looking at the past 12 months.

According to Walletinvestor’s New York real estate market research, home values will decrease in the next 12 months.

Median home values increased by 2.376% to 702146 USD, between 2022-06-30 and 2023-06-30

The average annual profit of property investment was:

  • 5.213% in 2018
  • -0.796% in 2019
  • 1.782% in 2020
  • 2.180% in 2021
  • 3.679% in 2022
  • 0.000001% in 2023

Based on our New York City real estate market research and report the predicted sales prices will increase by 23.405% in the next 10 years.

Over the last 12 months, the value of homes in New York City fluctuated: increasing 12 times and decreasing 0 times.


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New York (New York State) Property Investment Growth

New York Property Market Information

Recommendations by the previous and the upcoming 36 months: buy or sell a home in New York? See the New York (New York State, Queens County) property price forecasts, and buy/sell analysis based on the Housing Market and Property Investment report below. According to current data of median home prices: New York's real estate prices and its market environment have been in a bullish cycle in the last 36 months. Our property investment analyst Ai predicts a negative trend in the near future and buying a house in New York is not a good investment for making profit. All the above imply a negative outlook for the New York city property market, and we recommend looking for other cities instead to build a real estate portfolio in New York. Flipping houses for profit in bearish markets is always harder so you might want to avoid these problematic cities if you are not a veteran. Always read up on optimal real estate investment strategies if you are new to investing.

New York Real Estate Price Trends, Housing Market Forecast for next months and years

If you are looking for the best real estate investment opportunities in the State of New York, New York City can be a a not so good option. To help you in your decision see the estimated home prices and values in New York City below. Our property price forecasts can help home buyers and sellers make better property investment decisions for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.
DateAverage priceMinimum priceMaximum price
New York Housing Market Forecast with Real Estate Prices for 2023August 2023Open: 705156Min: 643227Max: 765341
New York Housing Market Forecast with Real Estate Prices for 2023September 2023Open: 706615Min: 648553Max: 766224
New York Housing Market Forecast with Real Estate Prices for 2023October 2023Open: 708157Min: 647906Max: 768706
New York Housing Market Forecast with Real Estate Prices for 2023November 2023Open: 709683Min: 650325Max: 772074
New York Housing Market Forecast with Real Estate Prices for 2023December 2023Open: 711176Min: 653845Max: 773745
New York Housing Market Forecast with Real Estate Prices for 2024January 2024Open: 712708Min: 650550Max: 773928
New York Housing Market Forecast with Real Estate Prices for 2024February 2024Open: 714261Min: 658804Max: 778133
New York Housing Market Forecast with Real Estate Prices for 2024March 2024Open: 715896Min: 656732Max: 774208
New York Housing Market Forecast with Real Estate Prices for 2024April 2024Open: 717081Min: 658662Max: 778378
New York Housing Market Forecast with Real Estate Prices for 2024May 2024Open: 718511Min: 658277Max: 782336
New York Housing Market Forecast with Real Estate Prices for 2024June 2024Open: 720083Min: 661922Max: 779450
New York Housing Market Forecast with Real Estate Prices for 2024July 2024Open: 721614Min: 659402Max: 786840
New York Housing Market Forecast with Real Estate Prices for 2024August 2024Open: 723142Min: 664864Max: 784238
New York Housing Market Forecast with Real Estate Prices for 2024September 2024Open: 724541Min: 661213Max: 786707
New York Housing Market Forecast with Real Estate Prices for 2024October 2024Open: 726110Min: 661547Max: 787646
New York Housing Market Forecast with Real Estate Prices for 2024November 2024Open: 727602Min: 664574Max: 788640
New York Housing Market Forecast with Real Estate Prices for 2024December 2024Open: 729145Min: 671391Max: 785336
New York Housing Market Forecast with Real Estate Prices for 2025January 2025Open: 730753Min: 672006Max: 793267
New York Housing Market Forecast with Real Estate Prices for 2025February 2025Open: 732193Min: 671521Max: 793008
New York Housing Market Forecast with Real Estate Prices for 2025March 2025Open: 733800Min: 677559Max: 794719
New York Housing Market Forecast with Real Estate Prices for 2025April 2025Open: 734991Min: 674013Max: 793725
New York Housing Market Forecast with Real Estate Prices for 2025May 2025Open: 736407Min: 676812Max: 795673
New York Housing Market Forecast with Real Estate Prices for 2025June 2025Open: 737995Min: 682696Max: 797115
New York Housing Market Forecast with Real Estate Prices for 2025July 2025Open: 739517Min: 681675Max: 799189
New York Housing Market Forecast with Real Estate Prices for 2025August 2025Open: 741036Min: 679105Max: 799582
New York Housing Market Forecast with Real Estate Prices for 2025September 2025Open: 742455Min: 680125Max: 797202
New York Housing Market Forecast with Real Estate Prices for 2025October 2025Open: 744016Min: 686579Max: 803163
New York Housing Market Forecast with Real Estate Prices for 2025November 2025Open: 745519Min: 682906Max: 803776
New York Housing Market Forecast with Real Estate Prices for 2025December 2025Open: 747046Min: 688048Max: 804582
New York Housing Market Forecast with Real Estate Prices for 2026January 2026Open: 748628Min: 689304Max: 803538
New York Housing Market Forecast with Real Estate Prices for 2026February 2026Open: 750125Min: 685729Max: 812500
New York Housing Market Forecast with Real Estate Prices for 2026March 2026Open: 751704Min: 690950Max: 810957
New York Housing Market Forecast with Real Estate Prices for 2026April 2026Open: 752900Min: 692901Max: 809376
New York Housing Market Forecast with Real Estate Prices for 2026May 2026Open: 754304Min: 696566Max: 812203
New York Housing Market Forecast with Real Estate Prices for 2026June 2026Open: 755906Min: 698312Max: 813881
New York Housing Market Forecast with Real Estate Prices for 2026July 2026Open: 757419Min: 701028Max: 816941
New York Housing Market Forecast with Real Estate Prices for 2026August 2026Open: 758931Min: 698516Max: 814852
New York Housing Market Forecast with Real Estate Prices for 2026September 2026Open: 760370Min: 703295Max: 824616
New York Housing Market Forecast with Real Estate Prices for 2026October 2026Open: 761921Min: 706026Max: 818471
New York Housing Market Forecast with Real Estate Prices for 2026November 2026Open: 763436Min: 703137Max: 819275
New York Housing Market Forecast with Real Estate Prices for 2026December 2026Open: 764946Min: 702102Max: 826890
New York Housing Market Forecast with Real Estate Prices for 2027January 2027Open: 766503Min: 703168Max: 825650
New York Housing Market Forecast with Real Estate Prices for 2027February 2027Open: 768057Min: 712096Max: 825929
New York Housing Market Forecast with Real Estate Prices for 2027March 2027Open: 769607Min: 707867Max: 833515
New York Housing Market Forecast with Real Estate Prices for 2027April 2027Open: 770809Min: 711105Max: 832380
New York Housing Market Forecast with Real Estate Prices for 2027May 2027Open: 772201Min: 714010Max: 832816
New York Housing Market Forecast with Real Estate Prices for 2027June 2027Open: 773817Min: 714494Max: 837198
New York Housing Market Forecast with Real Estate Prices for 2027July 2027Open: 775321Min: 713130Max: 834206
New York Housing Market Forecast with Real Estate Prices for 2027August 2027Open: 776826Min: 716064Max: 837083
New York Housing Market Forecast with Real Estate Prices for 2027September 2027Open: 778285Min: 717203Max: 835760
New York Housing Market Forecast with Real Estate Prices for 2027October 2027Open: 779827Min: 716772Max: 839348
New York Housing Market Forecast with Real Estate Prices for 2027November 2027Open: 781353Min: 719335Max: 840807
New York Housing Market Forecast with Real Estate Prices for 2027December 2027Open: 782846Min: 725833Max: 845360
New York Housing Market Forecast with Real Estate Prices for 2028January 2028Open: 784378Min: 727061Max: 844857
New York Housing Market Forecast with Real Estate Prices for 2028February 2028Open: 785931Min: 732547Max: 845923
New York Housing Market Forecast with Real Estate Prices for 2028March 2028Open: 787566Min: 728248Max: 848909
New York Housing Market Forecast with Real Estate Prices for 2028April 2028Open: 788751Min: 728174Max: 848395
New York Housing Market Forecast with Real Estate Prices for 2028May 2028Open: 790181Min: 735136Max: 847048
New York Housing Market Forecast with Real Estate Prices for 2028June 2028Open: 791753Min: 732330Max: 849380
New York Housing Market Forecast with Real Estate Prices for 2028July 2028Open: 793284Min: 735441Max: 855785
New York Housing Market Forecast with Real Estate Prices for 2028August 2028Open: 794812Min: 735476Max: 853121
New York Housing Market Forecast with Real Estate Prices for 2028September 2028Open: 796211Min: 736709Max: 860259
New York Housing Market Forecast with Real Estate Prices for 2028October 2028Open: 797780Min: 738786Max: 861941
New York Housing Market Forecast with Real Estate Prices for 2028November 2028Open: 799272Min: 740442Max: 859344
New York Housing Market Forecast with Real Estate Prices for 2028December 2028Open: 800815Min: 733643Max: 857524
New York Housing Market Forecast with Real Estate Prices for 2029January 2029Open: 802423Min: 735757Max: 857727
New York Housing Market Forecast with Real Estate Prices for 2029February 2029Open: 803863Min: 742739Max: 860779
New York Housing Market Forecast with Real Estate Prices for 2029March 2029Open: 805470Min: 745320Max: 864105
New York Housing Market Forecast with Real Estate Prices for 2029April 2029Open: 806661Min: 748847Max: 867342
New York Housing Market Forecast with Real Estate Prices for 2029May 2029Open: 808077Min: 745277Max: 864705
New York Housing Market Forecast with Real Estate Prices for 2029June 2029Open: 809665Min: 748843Max: 866119
New York Housing Market Forecast with Real Estate Prices for 2029July 2029Open: 811187Min: 755020Max: 870712
New York Housing Market Forecast with Real Estate Prices for 2029August 2029Open: 812706Min: 749125Max: 873835
New York Housing Market Forecast with Real Estate Prices for 2029September 2029Open: 814125Min: 752054Max: 870265
New York Housing Market Forecast with Real Estate Prices for 2029October 2029Open: 815686Min: 759173Max: 876381
New York Housing Market Forecast with Real Estate Prices for 2029November 2029Open: 817189Min: 760054Max: 878791
New York Housing Market Forecast with Real Estate Prices for 2029December 2029Open: 818716Min: 760950Max: 879095
New York Housing Market Forecast with Real Estate Prices for 2030January 2030Open: 820298Min: 758454Max: 878001
New York Housing Market Forecast with Real Estate Prices for 2030February 2030Open: 821794Min: 764182Max: 877210
New York Housing Market Forecast with Real Estate Prices for 2030March 2030Open: 823374Min: 764382Max: 883641
New York Housing Market Forecast with Real Estate Prices for 2030April 2030Open: 824570Min: 763578Max: 885723
New York Housing Market Forecast with Real Estate Prices for 2030May 2030Open: 825974Min: 769332Max: 883176
New York Housing Market Forecast with Real Estate Prices for 2030June 2030Open: 827576Min: 767318Max: 887642
New York Housing Market Forecast with Real Estate Prices for 2030July 2030Open: 829089Min: 769316Max: 887571
New York Housing Market Forecast with Real Estate Prices for 2030August 2030Open: 830601Min: 769428Max: 890303
New York Housing Market Forecast with Real Estate Prices for 2030September 2030Open: 832040Min: 769584Max: 888036
New York Housing Market Forecast with Real Estate Prices for 2030October 2030Open: 833591Min: 777364Max: 893385
New York Housing Market Forecast with Real Estate Prices for 2030November 2030Open: 835106Min: 775683Max: 894889
New York Housing Market Forecast with Real Estate Prices for 2030December 2030Open: 836616Min: 777542Max: 897355
New York Housing Market Forecast with Real Estate Prices for 2031January 2031Open: 838173Min: 777484Max: 901388
New York Housing Market Forecast with Real Estate Prices for 2031February 2031Open: 839727Min: 777846Max: 899988
New York Housing Market Forecast with Real Estate Prices for 2031March 2031Open: 841277Min: 780479Max: 900957
New York Housing Market Forecast with Real Estate Prices for 2031April 2031Open: 842478Min: 784345Max: 905205
New York Housing Market Forecast with Real Estate Prices for 2031May 2031Open: 843871Min: 783036Max: 902514
New York Housing Market Forecast with Real Estate Prices for 2031June 2031Open: 845487Min: 791649Max: 905402
New York Housing Market Forecast with Real Estate Prices for 2031July 2031Open: 846991Min: 787448Max: 906177
New York Housing Market Forecast with Real Estate Prices for 2031August 2031Open: 848496Min: 789438Max: 906767
New York Housing Market Forecast with Real Estate Prices for 2031September 2031Open: 849955Min: 790079Max: 907861
New York Housing Market Forecast with Real Estate Prices for 2031October 2031Open: 851497Min: 786855Max: 905515
New York Housing Market Forecast with Real Estate Prices for 2031November 2031Open: 853023Min: 794916Max: 915048
New York Housing Market Forecast with Real Estate Prices for 2031December 2031Open: 854516Min: 796453Max: 911176
New York Housing Market Forecast with Real Estate Prices for 2032January 2032Open: 856048Min: 791313Max: 915890
New York Housing Market Forecast with Real Estate Prices for 2032February 2032Open: 857601Min: 800341Max: 915771
New York Housing Market Forecast with Real Estate Prices for 2032March 2032Open: 859236Min: 798728Max: 916823
New York Housing Market Forecast with Real Estate Prices for 2032April 2032Open: 860421Min: 803448Max: 915548
New York Housing Market Forecast with Real Estate Prices for 2032May 2032Open: 861850Min: 803327Max: 918537
New York Housing Market Forecast with Real Estate Prices for 2032June 2032Open: 863423Min: 804071Max: 925628
New York Housing Market Forecast with Real Estate Prices for 2032July 2032Open: 864954Min: 804573Max: 925390
New York Housing Market Forecast with Real Estate Prices for 2032August 2032Open: 866482Min: 810903Max: 924583

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Question Box: How will New York house price increase? Will New York real estate prices go up? Will New York real estate prices fall? Will New York house prices drop? Will New York house prices rise? Is New York housing price going up? Is it time to buy a New York home? When will New York house prices go down? When will New York real estate prices drop?