StreetEasy Report: the New York City Home Buying Break Even Horizon Rises to 14.5 Years With a 900,000 Dollar Median Sale Price, and 17,496 Listings Mark the Lowest October Level Since 2017
The break even horizon for buying a home in New York City has risen to 14.5 years citywide, up from 12.4 years in 2025, according to a StreetEasy report covered by the New York Post on November 13, meaning a buyer must stay about 14.5 years before buying beats renting.
The report put the city median sale price at 900,000 dollars. There were 17,496 homes listed for sale in October, the lowest October level since 2017 and down 3.1 percent from a year earlier.
By neighborhood, Rego Park in Queens had the shortest break even horizon at 2.8 years, with a median sale price of 330,000 dollars and a median asking rent of 2,999 dollars, followed by Oakland Gardens at 3.4 years and Riverdale at 3.9 years.
On transactions, newly signed contracts fell 7.9 percent in October to 1,904, and the median time on the market was 48 days. On rents, the citywide median asking rent rose 3.8 percent to 4,100 dollars.
StreetEasy is a New York City real estate platform, and its report is compiled from listings, contract and asking rent data. The figures in this report follow the numbers published from that report.
Source: StreetEasy
Published by GSM · USA (original Chinese edition)
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