Veterans United in
New York-Newark-Jersey City, NY
in the NY, NJ metro area
The New York housing market in November has weakened compared to last year with the median home price around $745,000 — down 2.3% from last year. Homes for sale in New York* now spend an average of 53 days on the market, and nearly 22% sell below asking price, giving buyers more negotiating power.
Just a few of the 842,900 Veterans we've helped get into homes.
5,441 Veterans in the New York-Newark-Jersey City, NY-NJ area alone!
Based on Veterans United and Veterans United Realty's internal data.
Aaron O. | U.S. Army
Jose R. | U.S. Army
Kirk H. | U.S. Air Force
Laura R. | U.S. Army
Michele M. | U.S. Army
Nathan K. | U.S. Air Force
Shanna W. | U.S. Army
New York Metro Housing Market in November 2026
Median Days on Market
53 days
Homes are staying on the market 4.5% fewer days since last month.
Average Listing Price
$1,452,111
Average home prices are up 0.95% since last month.
Active Listings
40,320 homes
Number of houses on the market are up 5.67% since last month.
Homes in the New York region sell at a moderate pace.
22% of listings reduced price last month.
13,956
New listings
Down 12.5% from last month
40,320
Active listings
Up 5.7% from last month
VA Loan Market Share
1.1% of originations last year were VA loans.
727
Sold last year
1/93
Were VA loans
New York Area
Own vs Rent Trends
A higher share of owner-occupied homes often reflects stronger long-term ties to the community, since homeowners are more likely to stay in one place and invest in their neighborhoods. By contrast, areas with a larger renter population may be more transient, offering flexibility but sometimes less stability in housing markets.
It could also be an indication of market health, as affordable markets often have higher owner-occupancy rates.
The home listing price-to-income ratio in the New York area is 7.8
The ratio compares how expensive homes are in New York relative to household income. A higher ratio means homes cost more compared to what people earn.
A healthy price-to-income ratio is generally around 3 times your household's annual income (or less), but higher ratios can be sustainable depending on your rate, DTI, and more.
Median Home Prices by Neighborhood in the New York Region
This section breaks down median home prices by neighborhood. Use these insights to see where housing costs trend higher or lower, and to better understand the market at the zip code level.
The New York metro median income is $95,220.
Explore New York Area Neighborhoods
See how median home prices in individual New York neighborhoods compare to the overall metro median.
View this chart to learn about the median listing price and the number of active listings in New York over time.
Month
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
May 2026
Jun 2026
Jul 2026
Aug 2026
Sep 2026
Oct 2026
Listing Price
$658,944
$659,000
$679,950
$698,500
$699,999
$734,889
$749,000
$737,500
$717,000
$719,000
$729,500
$728,000
$748,000
$741,500
$749,500
$759,900
$769,000
$789,301
$789,000
$777,000
$750,000
$764,000
$762,375
$750,000
$749,000
$750,000
$766,889
$780,000
$789,450
$795,000
$786,500
$775,000
$760,000
$759,500
$762,450
$750,000
$749,939
$749,000
$749,450
$750,000
$772,929
$775,000
$792,000
$772,250
$749,000
$742,000
$745,000
Month
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
May 2026
Jun 2026
Jul 2026
Aug 2026
Sep 2026
Oct 2026
Active Listings
34,343
31,061
30,177
30,148
31,316
32,420
33,239
33,112
32,798
34,729
33,896
34,209
28,830
26,933
27,182
28,856
30,930
32,611
34,281
34,178
33,477
35,296
35,331
33,845
29,297
26,691
27,148
29,480
31,571
35,665
37,131
36,844
35,536
35,892
36,156
34,670
30,011
27,686
27,681
30,515
33,514
37,154
38,910
37,898
36,676
38,158
40,320
Median Days on Market
Days on Market
This chart shows the median days on market for active listings over time. In other words: how quickly homes move in the market. A declining rate means rising competition among buyers, while an increase means listings are sitting longer.
Month
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
May 2026
Jun 2026
Jul 2026
Aug 2026
Sep 2026
Oct 2026
Median Days on Market
81
89
84
61
54
48
51
54
59
60
56
58
71
79
69
50
45
43
45
50
58
57
54
60
73
77
68
48
45
45
49
54
58
58
54
60
71
76
68
51
41
42
47
53
56
56
53
Market Hotness Score
Market Hotness
Based on Realtor.com's Market Hotness Index, this measure reflects how competitive the housing market is by comparing buyer demand with available inventory. Rising hotness scores point to more competition, while declining scores signal cooling conditions.
Month
Dec 2023
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
May 2026
Jun 2026
Jul 2026
Aug 2026
Sep 2026
Hotness Score
19.398
35.6187
38.2943
46.6555
41.9732
38.796
40.4682
39.4649
38.4615
45.3177
49.8328
46.1538
46.1538
41.806
40.8027
46.4883
55.0167
53.5117
44.9833
42.8094
47.6589
49.1639
Pending Homes-for-Sale %
Percentage of Homes Sold per Month
This chart shows the percentage of homes that sold each month, highlighting buyer demand and long-term market trends. In most markets, around 20% of listings selling each month is considered balanced. Higher percentages point to a strong sellers' market, while lower percentages indicate more favorable conditions for buyers.
Largest overall VA lender (purchase and refinance) for four consecutive years.
More VA purchase loans than any other lender for the past 10 consecutive years
Over the last six fiscal years, Veterans United made more VA purchase loans than USAA, Navy Federal Credit Union, Rocket Mortgage, Wells Fargo and Freedom Mortgage combined.
We have 936 Veterans ready to buy your home right now!
Many buyers believe VA loans appraise low or take too long to close, but that's simply not true. With the right strategy, VA buyers can absolutely compete in New York's market. I've worked with Veterans from all walks of life, and the common thread is determination. They show up prepared and ready to succeed.
Conrad P.Veterans United Network Realty Agent
For many VA buyers, areas like Westchester and Long Island offer more inventory and better price points. But no matter where you're buying, it's important to feel comfortable in the location — not just financially qualified.
Akeem S.Veterans United Network Realty Agent
Some VA buyers expect sellers to cover closing costs, but that's rarely realistic in New York. Homes often go for asking price or more, and seller concessions just aren't common here. VA buyers should focus on homes priced in their budget and be ready to put money down at contract. Being strategic upfront can prevent a lot of frustration later.
Marian M.Veterans United Network Realty Agent
1-800-985-5723 | 1512 Heriford Road, Columbia, MO 65202. Not affiliated with any government agency including the VA. Missouri Licensed Real Estate Brokerage; for license information, visit VeteransUnitedRealty.com. Equal Housing Opportunity.
Start Your VA Loan With Veterans United
Not sure where to begin? Whether you're stationed nearby or planning to move near New York, we’ll help you understand what to expect.
As a veteran, buying a house is a major milestone, and working with Veterans United Loans made all the difference. Their team doesn't just know the mortgage process—they genuinely understand the specific needs of fellow veterans and the ins and outs of the VA loan process. They worked with incredi...
John G. | Navy
Verified Customer
Taylor and the entire team was outstanding, I honestly can not say enough good things about them. Taylor is 100, not just 10. She made it all happen and explained everything I didn’t understand with a very calm demeanor. Bravo Veterans United!
Lisa I. |
Verified Customer
First time buying my home. Fast and smooth. Down to every detail. Would 100% recommend! Thank you Veterans United!
Aaron O. | Army
Verified Customer
The Team at Veterans United did a wonderful job in helping me purchase my new home.
James R. | Air Force
Verified Customer
An honest and straightforward team to navigate your home purchase. Attentive and quick to respond to any question you may have. Not once in the 2 month process did I wait more than 20 minutes for either a phone call or email answering my numerous questions. Dave Tungesvik and team were exceptiona...
Jonathan K. | Army
Verified Customer
This HAS to be THEE most wonderful experience I've ever had. Kris was VERY helpful since the beginning. There was NEVER a time I reached out that he didn't immediately answer. I was really apprehensive about this process but the anxiety quickly subsided. Kris was knowledgeable and patient with me a...
Angela H. | Army
Verified Customer
I wish I would have known about Veterans United with past home purchases. They made the process so easy. Veterans United is an amazing company to work with. They made home buying a breeze!
Michelle M. | Army
Verified Customer
I had an excellent experience working with Veterans United throughout the home-buying process. The team was professional, responsive, and helpful from start to finish. They took the time to answer my questions, kept me informed throughout the process, and helped make purchasing my new home a smooth ...
Jamie N. | Army
Verified Customer
Everyone at Veterans United was great from start to finish. Emmitt and Kara did a fantastic job getting our file together quickly and accurately. They were outstanding every step of the way!
Donald M. | Army
Verified Customer
I already started recommending my colleagues to VU. Everyone took care of me and kept me up to date. Great staff. Eric, Bailey, and the rest of Eric’s team are very professional and kept me at ease throughout the process.
Gasner G. | Marine Corps
Verified Customer
I could not have asked for a more fluent process. The knowledge and care this team provided is beyond anything expected. They truly care about the homeowners and want to give them the best experience!!!
Nathan K. | Air Force
Verified Customer
Above and beyond service, very personable and understanding. Alleviated a lot of home buying stress, each team member went above and beyond their part to make this process and my PCS as easy as possible. They get the right people for the job especially when it comes to the realtor team in the locati...
Gregory S. | Army
Verified Customer
Veterans United Loan team walked us through the process step by step. They kept us well informed at every stage and quickly answered any questions we had. We just want to say thank you very much because, with your help, we can walk hand in hand to our new home. Dorna & Clarence
Clarence A. | Other VA Eligibility
Verified Customer
*Unless stated otherwise, data for the metro refers to the CBSA ("Core-Based Statistical Area"), the defined geography that makes up the surrounding metropolitan and micropolitan areas.
Enter to win $100,000 toward your new home!No purchase necessary; see official rules for details.
2026 New Home for the Holidays $100K Veteran Homebuyer Giveaway
1. realtor.com is hosting and helping to administer and promote the sweepstakes.
2. NMLS #1907 (nmlsconsumeraccess.org). Not affiliated with Dept. of Veterans Affairs or any government agency.
3. May be subject to tax withholding. See Official Rules for details.
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