Housing Market Update 2024 Ny. In 2024 as modest price declines take hold and mortgage rates dip, the typical purchase cost is expected to slip just under $2,200 which would amount to nearly. In june 2024, new york home prices were up 6.3% compared to last year, selling for a median price of $850k.

While real estate agents remain hopeful, data suggest no huge changes are in the forecast for 2024. But, home sales decreased by 3.2% in january 2024 yoy.