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Statewide residential median sale price - excluding New York City

The residential median sale price is calculated using all non-condo, arms-length sales from January 1st of any given year to January 1st of the following year. These sale prices are arrayed from lowest to highest. The middle value of the data set is the median sale price for that given year's data.

Residential median sale price
Calendar year Median sale price
1997 $120,000
1998 $126,000
1999 $130,000
2000 $135,000
2001 $144,000
2002 $159,900
2003 $175,500
2004 $195,000
2005 $219,000
2006 $209,900
2007 $202,000
2008 $185,000
2009 $175,550
2010 $189,500
2011 $189,000
2012 $190,500
2013 $206,000
2014 $209,000
2015 $215,000
2016 $229,900
2017 $234,300
2018 $240,000
2019 $250,000
2020 $280,000
2021 $305,000
2022 $310,000
1997 to 2020 residential median sale price

General trend: Median sales prices for homes in New York have been increasing since 1997. There was a decrease between the years 2006 and 2009 before sales began to increase again. By 2016 median sales were above 2005 values.

Updated: