Cresco Intelligence · Market Reports

New York Housing Market Report: Q3 2026.

Prices rose across New York in the third quarter while listings built up statewide. Manhattan had its strongest third quarter since 2022. Here are the numbers for the state, the five boroughs, Long Island, Westchester and the main upstate cities.

By Cresco Intelligence, the research desk of Cresco Real Estate. Licensed UAE brokerage, RERA ORN 34288, with a US office in Los Angeles. Published 6 November 2026.

The short answer

What happened to New York housing in Q3 2026?

  • The New York State median was $450,000 in September, up 5.9% year on year, on 9,893 closed sales (down 1.4%).
  • Listings rose 9.8% to 35,294, or 4.0 months of supply.
  • Manhattan closed 3,625 sales in Q3 at a record third quarter median of $1,250,000, according to Corcoran.
  • Westchester’s single family median rose 10.0% to $1,189,000; Nassau reached $860,000 and Suffolk $740,000 in September.
$450,000New York State median, September 2026
$1,250,000Manhattan median, Q3 2026
$866,000Brooklyn median, Q3 2026 (Corcoran)
4.0 monthsStatewide supply, September

New York State

NYSAR counted 9,893 closed sales in September, down 1.4%, with pending sales down 5.4%. The median rose to $450,000. Year to date the median was $450,000, up 4.7%. Buyers paid 101.9% of list price on average and sales took 45 days.

Manhattan

Corcoran counted 3,625 closings, up 9%, worth about $7.3 billion. The median of $1,250,000 was a third quarter record, and active listings of 6,354 were the thinnest third quarter supply since 2017. Resale condos set a record median of $1,650,000; resale co ops held at $875,000.

AreaQ3 medianYear on yearSales
Downtown$1,700,000up 17%1,146
Midtown$925,000up 3%594
East Side$1,360,000up 4%820
West Side$1,320,000up 2%662
Upper Manhattan$632,000down 5%267

Brooklyn, Queens, Staten Island and the Bronx

In Brooklyn, Corcoran reported a median of $866,000 (down 1%) and a record average price of $1,185,000, with listings up 21%. Douglas Elliman put the Brooklyn median at $1,150,000, up 5.4%. Compass counted 4,446 Queens sales, up 1.2%. NYSAR’s MLS based September medians were $653,000 in Queens and $710,000 on Staten Island; the Bronx figure of $375,000 rests on only 119 MLS sales.

Long Island and Westchester

OneKey MLS put the September single family median at $860,000 in Nassau (up 2.1%) and $740,000 in Suffolk (up 2.8%), with fewer listings in both. In Westchester, Q3 single family sales were 1,625 (up 0.4%) at a median of $1,189,000 (up 10.0%), with 2.5 months of supply.

Upstate and Hudson Valley cities

CountyMain citySept 2026 medianYear on year
DutchessPoughkeepsie, Beacon$519,500up 15.4%
UlsterKingston, New Paltz$475,000down 10.0%
ErieBuffalo$321,501up 5.4%
NiagaraNiagara Falls$300,000up 14.6%
MonroeRochester$301,000up 10.3%
OnondagaSyracuse$284,125up 3.3%
OneidaUtica, Rome$255,000up 6.7%
BroomeBinghamton$215,000up 10.5%

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Frequently asked questions

What was the median sale price in New York State in Q3 2026?

NYSAR reported a statewide median of $450,000 in September 2026, up 5.9% from $425,000 a year earlier. The year to date median was $450,000.

What is the median price in Manhattan?

Corcoran reported a Manhattan median of $1,250,000 in the third quarter of 2026, up 4% year on year and a record for a third quarter.

Is inventory rising in New York?

Statewide, yes. NYSAR counted 35,294 listings in September 2026, up 9.8% year on year. In Manhattan, Corcoran counted 6,354 active listings, down 3%.

Sources: NYSAR Monthly Indicators, September 2026; Corcoran, Manhattan 3Q 2026; Corcoran, Brooklyn 3Q 2026; Brick Underground, Brooklyn and Queens Q3 2026; OneKey MLS, Westchester Q3 2026; Long Island Guide, OneKey MLS September 2026.

Method and limits

This is general information, not investment, tax or legal advice. Statewide and county figures are NYSAR September 2026 data; Manhattan and Brooklyn are Corcoran Q3 2026 reports; Long Island and Westchester are OneKey MLS. Each figure names its source. Checked on 6 November 2026.

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Manhattan by neighborhood and bedroom count, Brooklyn by property type, Long Island, Westchester and 19 county markets in one PDF.