The median home value in New York is $307,800. New York home values have gone up 10.9% over the past year and Zillow predicts they will rise 3.6% within the next year. The median list price per square foot in New York is $181. The median price of homes currently listed in New York is $345,000. The median rent price in New York is $3,400. Foreclosures will be a factor impacting home values in the next several years.