New York Buyer's Markets 2026 | 68 Cities with High Inventory

All 68 Buyer's Markets in New York

#	City	Months Supply	Median Price	Days on Market	YoY Change
1	Westhampton Beach	39.0 mo	$3.50M	196 days	N/A
2	Sag Harbor	19.0 mo	$1.25M	26 days	N/A
3	Northwest Harbor	17.5 mo	$2.83M	28 days	N/A
4	Fire Island	16.0 mo	$861K	219 days	N/A
5	Monsey	16.0 mo	$1.35M	34 days	N/A
6	Herkimer	15.0 mo	$106K	6 days	N/A
7	Water Mill	14.0 mo	$1.28M	55 days	N/A
8	Ancram	13.0 mo	$925K	62 days	N/A
9	Fredonia	13.0 mo	$186K	31 days	N/A
10	Owego	13.0 mo	$409K	173 days	N/A
11	Newburgh	12.4 mo	$470K	36 days	+47.3%
12	Tupper Lake	12.0 mo	$180K	455 days	N/A
13	Veteran	12.0 mo	$49K	169 days	N/A
14	Worcester	12.0 mo	$60K	130 days	N/A
15	Moira	11.0 mo	$375K	5 days	N/A
16	Old Brookville	11.0 mo	$4.10M	123 days	N/A
17	Summit	11.0 mo	$550K	21 days	N/A
18	West Hills	11.0 mo	$1.23M	50 days	N/A
19	Great Neck Estates	10.0 mo	$1.57M	19 days	N/A
20	Mill Neck	10.0 mo	$1.95M	29 days	N/A
21	Orient	10.0 mo	$1.80M	201 days	N/A
22	Sylvan Beach	10.0 mo	$480K	55 days	N/A
23	Shelter Island	9.5 mo	$2.06M	204 days	N/A
24	Ausable	9.0 mo	$148K	3 days	N/A
25	Canton	9.0 mo	$224K	116 days	N/A
26	Hamptonburgh	9.0 mo	$618K	84 days	N/A
27	Hewlett Harbor	9.0 mo	$1.74M	140 days	N/A
28	Norwood	9.0 mo	$75K	126 days	N/A
29	Lawrence	8.7 mo	$439K	19 days	N/A
30	Fowler	8.0 mo	$60K	17 days	N/A
31	Franklin	8.0 mo	$99K	21 days	N/A
32	Franklinville	8.0 mo	$129K	71 days	N/A
33	Germantown	8.0 mo	$150K	296 days	N/A
34	Inwood	8.0 mo	$693K	405 days	N/A
35	Manhasset Hills	8.0 mo	$1.45M	195 days	N/A
36	Montauk	8.0 mo	$943K	33 days	N/A
37	Nedrow	8.0 mo	$225K	28 days	N/A
38	Pierrepont	8.0 mo	$180K	66 days	N/A
39	Potsdam	8.0 mo	$250K	308 days	N/A
40	Sloan	8.0 mo	$177K	13 days	N/A
41	Brant	7.5 mo	$153K	38 days	N/A
42	Calverton	7.5 mo	$805K	25 days	N/A
43	East Quogue	7.5 mo	$963K	69 days	N/A
44	New Hempstead	7.5 mo	$1.85M	18 days	N/A
45	North Sea	7.5 mo	$1.87M	148 days	N/A
46	Shinnecock Hills	7.5 mo	$9.72M	191 days	N/A
47	Tuxedo Park	7.5 mo	$1.03M	162 days	N/A
48	Arlington	7.0 mo	$432K	183 days	N/A
49	Aurelius	7.0 mo	$275K	36 days	N/A
50	Chatham	7.0 mo	$425K	125 days	N/A
51	Collins	7.0 mo	$195K	10 days	N/A
52	East Atlantic Beach	7.0 mo	$1.26M	347 days	N/A
53	Glasco	7.0 mo	$526K	12 days	N/A
54	Jordan	7.0 mo	$383K	5 days	N/A
55	Middleburgh	7.0 mo	$151K	82 days	N/A
56	Minden	7.0 mo	$70K	28 days	N/A
57	Palatine	7.0 mo	$163K	154 days	N/A
58	Pine Hill	7.0 mo	$299K	94 days	N/A
59	Triangle	7.0 mo	$175K	88 days	N/A
60	Walden	7.0 mo	$344K	26 days	N/A
61	Geneva	6.8 mo	$257K	15 days	N/A
62	South Blooming Grove	6.7 mo	$740K	141 days	N/A
63	Brookville	6.5 mo	$2.67M	39 days	N/A
64	Canaan	6.5 mo	$779K	39 days	N/A
65	Milan	6.5 mo	$1.84M	245 days	N/A
66	Newfield	6.5 mo	$284K	86 days	N/A
67	Springs	6.3 mo	$1.45M	398 days	N/A
68	Westhampton	6.2 mo	$1.18M	96 days	N/A

Understanding Buyer's Markets in New York

New York currently has 68 buyer's markets—cities where housing inventory exceeds 6 months. In these markets, buyers typically have more negotiating power, can take their time making decisions, and may be able to purchase below asking price.

What Makes a Good Buyer's Market?

High inventory (6+ months supply): More homes than active buyers
Longer days on market: Sellers are more motivated to negotiate
Sale prices below list: Homes often sell under asking
Price stability or decline: Less upward pressure on prices

Frequently Asked Questions

Is New York a buyer's market in 2026?

Some areas of New York are buyer's markets in 2026, with 68 cities showing more than 6 months of housing inventory. This means buyers have more choices, less competition, and greater negotiating power in these areas.

What defines a buyer's market in real estate?

A buyer's market occurs when housing supply exceeds demand, typically with more than 6 months of inventory on the market. Homes take longer to sell, price reductions are common, and buyers can negotiate favorable terms including lower prices, seller concessions, and contingencies.

How can buyers take advantage of a buyer's market in New York?

In a New York buyer's market, you can negotiate below asking price, request seller concessions (closing costs, repairs), include contingencies without losing deals, and take more time to make decisions. Working with an experienced local agent helps you identify the best opportunities and negotiate effectively.

Are home prices dropping in New York?

Home prices vary significantly across New York cities. Some buyer's market areas are seeing price reductions, while other regions maintain stable or rising prices. Check our city-level data for current median prices and year-over-year trends in your target area.

Is it a good time to buy a house in New York?

Buyer's market conditions in parts of New York present opportunities with more inventory, less competition, and negotiating leverage. However, the "right time" also depends on mortgage rates, your financial readiness, and local market conditions. A New York real estate agent can help you evaluate whether current conditions align with your goals.

Should I wait for prices to drop further before buying?

Timing the market perfectly is nearly impossible. If you find a home you love in a New York buyer's market at a price that works for your budget, waiting carries risk—rates could rise or inventory could tighten. Many buyers find that negotiating a good deal in today's market beats waiting for uncertain future conditions.

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