NYC Home Sales and Median Prices by Borough

The typical NYC home sold for $850,000 between September 2025 and August 2026, across 41,951 sales of houses, condos and co-ops in city records. Manhattan had the highest median at $1,226,000 and the Bronx the lowest at $637,500. What you pay depends as much on property type as on borough: the citywide co-op median was $499,000, less than half the condo median of $1,080,000.

Median sale price by borough

Manhattan's median of $1,226,000 is 1.9 times the Bronx's. Brooklyn sits just under $1 million at $998,000. Queens ($740,000) and Staten Island ($725,000) are close to each other, but for different reasons: Staten Island sales are mostly one-family houses, while Queens has a large co-op market that pulls its median down.

Borough medians mix very different homes. In Manhattan, condos and co-ops made up 98% of sales, so its median is mostly an apartment price. In Staten Island, one-family houses were 62% of sales. Comparing like with like, in the table below, is more useful than comparing the headline medians.

Prices by property type

Citywide, co-ops were the most common home sale (12,004), just ahead of condos (11,645), and also the cheapest type by median. Co-op buyers purchase shares in a corporation rather than real property and pay monthly maintenance to the co-op, so a co-op price is not directly comparable to a condo price. Our co-op vs condo guide explains the trade-offs.

Among houses, medians rise with the number of units: $800,000 for one-family homes, $999,000 for two-family and $1,300,000 for three-family. Multi-family houses tend to be larger buildings, and the extra units can produce rental income.

A few cells rest on small numbers. Manhattan recorded only 115 one-family, 77 two-family and 37 three-family sales, mostly townhouses, so those medians can swing a lot from year to year. The same is true of Staten Island's 33 three-family and 103 co-op sales.

Sales by month

Monthly volume ranged from 2,970 sales in Feb 26 to 4,001 in Jun 26, if you set aside August 2026. August shows 2,746 sales, but this snapshot only includes sales recorded through the end of August, so August deals whose deeds were recorded later are likely missing and that bar should be read as incomplete.

The monthly citywide median moved from $825,000 in Sep 25 to $900,000 in Jul 26. Treat that as a description of what sold, not a price index. A month with more Manhattan condo closings will have a higher median even if no individual home gained value, and twelve months is too short to separate a trend from seasonal swings.

How we built these numbers

The NYC Department of Finance publishes recorded property sales from the past 12 months, updated monthly. We used the September 2025 to August 2026 file on NYC Open Data and kept only home sales: one-, two- and three-family houses, co-op apartments, and residential condo units. We dropped sales of $10,000 or less. DOF says a $0 sale is a transfer without cash consideration, such as a parent deeding a home to a child, and very small amounts are usually similar non-market transfers. Of the 69,717 home records in the file, 43,944 had a price over $10,000.

We then removed 1,993 records from 417 multi-unit deals. When one buyer purchases several condo units or houses in one transaction, the file can show the full deal price on every unit. One example in this period was a group of condo units in one Lower Manhattan building, each listed at more than $77 million. We treated records that share a borough, tax block, sale date and exact price as one of these deals. That rule may also drop a few genuine separate sales, but it keeps bulk prices from inflating the medians.

Use the numbers

For neighborhood-level prices, see NYC neighborhood home prices. To see what a median-priced home would cost you each month, try the home affordability calculator or read how much house you can afford in NYC. Budget for transfer, mansion and mortgage recording taxes with the NYC closing cost calculator. You can look up recent sales for a specific property on Roofy's NYC sales records or browse homes for sale.