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New York Real Estate Forecast 2021: What to expect from NY Real Estate Market this year

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.

At Citytelegraph.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 662399 USD on 2021-03-06. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the “New York” area is 752483 USD by 2026-03-31. For a 5-year investment the profit is expected to be around +13.6% meaning that investing 100000 USD today may yield a profit of 113600 USD by 2026.


FAQ (Frequently Asked Questions) and Answers about the New York Housing Market Forecast in 2021

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 662399 USD.

What is the average price per square foot in New York City?
According to Citytelegraph, the median price per square foot in New York City is 368 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 662399 USD to 681477 USD in one year.

Is it profitable to invest in New York homes?
Yes. The long-term profit potential is +2.88% in one year.

Will New York house prices fall / drop?
No.

What is the predicted price of a New York home in 2026?
The predicted home sales price of a New York home in 2026 in New York City is 752483 USD.

What is the predicted price of a New York home in 2031?
The predicted home sales price of a New York home in 2031 in New York City is 839940 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 Citytelegraph’s New York real estate market research, home values will increase in the next 12 months.

Median home values increased by 1.88% to 662399 USD, between 2020-02-29 and 2021-02-28

The average annual profit of property investment was:

5.92% in 2016
6.55% in 2017
5.21% in 2018
-0.796% in 2019
1.78% in 2020
0.173% in 2021
Based on our New York City real estate market research and report the predicted sales prices will increase by 26.80% in the next 10 years.

Over the last 12 months, the value of homes in New York City fluctuated: increasing 11 times and decreasing 1 times.


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 positive trend in the near future and buying a house in New York appears to be a profitable investment. All the above imply a positive outlook for the New York city property market making it a must have in your property investment portfolio. Flipping houses for profit in bullish markets is always easier so you might want to favor these cities under the given circumstances, but 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 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031.
Date Average price Minimum price Maximum price
New York Housing Market Forecast with Real Estate Prices for 2021
April 2021  664954  600822  722868
May 2021  666364  607864  728278
June 2021  667950  604586  729497
July 2021  669471  606406  726466
August 2021  670995  606573  726803
September 2021  672517  614448  735469
October 2021  674070  615724  734585
November 2021  675575  615018  735578
December 2021  677099  617237  736940
New York Housing Market Forecast with Real Estate Prices for 2022
January 2022  678674  618265  736048
February 2022  680163  621382  742366
March 2022  681477  618860  741921
April 2022  682698  618305  741579
May 2022  684097  624900  745835
June 2022  685695  625834  742567
July 2022  687207  627240  750346
August 2022  688724  630682  743029
September 2022  690265  626253  750541
October 2022  691809  632814  756937
November 2022  693326  627171  756071
December 2022  694834  639248  755636
New York Housing Market Forecast with Real Estate Prices for 2023
January 2023  696385  637321  755075
February 2023  697927  637888  757066
March 2023  699215  637613  762484
April 2023  700442  638743  762625
May 2023  701829  639719  756775
June 2023  703439  641766  764062
July 2023  704943  642695  764791
August 2023  706453  642817  763726
September 2023  708013  645521  770582
October 2023  709548  645672  770776
November 2023  711077  648079  771449
December 2023  712569  652028  773591
New York Housing Market Forecast with Real Estate Prices for 2024
January 2024  714097  650128  774171
February 2024  715641  652123  772692
March 2024  717006  657464  783389
April 2024  718217  659805  776182
May 2024  719638  657910  780616
June 2024  721212  659274  778799
July 2024  722741  661735  786750
August 2024  724272  659611  787018
September 2024  725776  663377  785993
October 2024  727338  669279  788623
November 2024  728831  667390  788485
December 2024  730370  668641  790090
New York Housing Market Forecast with Real Estate Prices for 2025
January 2025  731969  672186  791441
February 2025  733405  668937  794041
March 2025  734745  675756  802024
April 2025  735960  669826  794156
May 2025  737371  678245  796525
June 2025  738956  682160  802558
July 2025  740478  679118  808002
August 2025  742001  679252  801218
September 2025  743524  682007  806124
October 2025  745076  684062  808353
November 2025  746582  684386  805621
December 2025  748105  686740  810084
New York Housing Market Forecast with Real Estate Prices for 2026
January 2026  749680  687889  810747
February 2026  751169  694326  810464
March 2026  752483  692826  814002
April 2026  753704  693711  812507
May 2026  755103  693063  814503
June 2026  756701  696066  815897
July 2026  758214  695783  815675
August 2026  759730  700390  820313
September 2026  761272  700713  822434
October 2026  762815  706298  830754
November 2026  764332  709690  826258
December 2026  765841  708892  821191
New York Housing Market Forecast with Real Estate Prices for 2027
January 2027  767392  707746  827907
February 2027  768934  709463  838465
March 2027  770221  710136  826586
April 2027  771448  713609  829791
May 2027  772835  718469  835796
June 2027  774446  713523  830662
July 2027  775950  715552  838514
August 2027  777460  710676  833803
September 2027  779020  720917  837349
October 2027  780554  725451  843050
November 2027  782083  719931  840563
December 2027  783575  721275  843323
New York Housing Market Forecast with Real Estate Prices for 2028
January 2028  785104  729481  848440
February 2028  786648  728339  848063
March 2028  788013  730250  845797
April 2028  789223  727426  845288
May 2028  790645  733741  853714
June 2028  792218  730392  853005
July 2028  793748  731416  852236
August 2028  795279  734028  857035
September 2028  796783  737034  854988
October 2028  798344  731381  860874
November 2028  799837  741777  856912
December 2028  801376  736142  860308
New York Housing Market Forecast with Real Estate Prices for 2029
January 2029  802975  743775  865549
February 2029  804411  746928  863196
March 2029  805751  741240  863231
April 2029  806967  747816  870442
May 2029  808377  747847  867406
June 2029  809963  746560  872494
July 2029  811484  747190  868267
August 2029  813008  748669  873272
September 2029  814530  748173  872424
October 2029  816083  758420  874218
November 2029  817588  758020  877776
December 2029  819112  757052  876647
New York Housing Market Forecast with Real Estate Prices for 2030
January 2030  820687  763445  880872
February 2030  822176  762018  884695
March 2030  823490  765091  885120
April 2030  824711  766369  888143
May 2030  826109  765283  880207
June 2030  827708  770474  888288
July 2030  829220  768460  888492
August 2030  830737  773520  892159
September 2030  832278  773760  892651
October 2030  833822  773991  891855
November 2030  835339  776134  899187
December 2030  836847  774436  899639
New York Housing Market Forecast with Real Estate Prices for 2031
January 2031  838398  778034  902313
February 2031  839940  776805  898404

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