Markets/New York/New York-Newark-Jersey City

New York-Newark-Jersey City, NY-NJ-PA Real Estate Market 2026

Investor-grade market analytics for New York-Newark-Jersey City, New York. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$703,126

+3.5% year-over-year

Est. Rental Yield

5.5%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

New York-Newark-Jersey City Market Summary

New York-Newark-Jersey City, NY-NJ-PA shows steady growth at 3.5% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability pressure is significant: the price-to-income ratio of 7.22x well exceeds the national average of 4.8x. Net negative migration (-100,480 returns/year) is reducing housing demand pressure. Climate risk is moderate (58/100) with manageable exposure. Rental yield of 5.52% is moderate, offering acceptable cash flow for leveraged investments.

Affordability

Affordability Score40/100
Price-to-Income Ratio7.2x (national avg 4.8x)
Median Household Income$97,334

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

New York-Newark-Jersey City, NY-NJ-PA's primary climate exposure is wind storms (80/100). The composite climate risk score of 58/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.

Source: FEMA National Risk Index

Get the full New York-Newark-Jersey City dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.

New York-Newark-Jersey City Real Estate Market Data 2026 | Lotlytics | Lotlytics