New York State house prices are now the highest ever recorded, with the median cost of a home in the Empire State now close to $500,000.
The median price of a home in New York State rose 8% year-to-year, hitting $475,000 in June of 2026, according to figures from the New York State Association of Realtors.
That price rise came despite increasing inventory in the Empire State, where the number of homes on the market rose for the 16th straight month by 4.4% from 31,124 homes in June 2025 to 32,508 homes in June 2026.
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Interest rates also went up slightly between May and June but, at 6.49%, are still lower than the high of 6.82% last year.
New York State saw massive contrasts in sales prices between counties, with homes in some Upstate regions still going for a median price of barely over $200,000.
Genesee County’s median house price was $210,000, and neighboring Orleans County was $221,500, Rochester First reported.
In contrast, downstate counties including Richmond, Rockland, and Suffolk all had median house prices of more than $700,000.