20 Places To Buy a Home in New York If You Want It To Gain Value

In a housing market where national home values have largely plateaued, a new analysis from GOBankingRates highlights 20 cities across New York where property values are outpacing the national average.

Using Zillow’s September 2025 data, the study identifies locations with both one-year and five-year growth rates above the U.S. benchmark, offering guidance for buyers seeking long-term value. While the national average home value sits at $365,721, with a modest 0.28% increase over the past year and a 40.2% rise over five years, every city on GBR’s list surpasses those figures.

One-year home value changes in these 20 cities range from 0.8% to 9.1%. Five-year home value changes range from 40.7% all the way up to 68.5%. Among metro areas, New York-Newark-Jersey City had the highest representation on the list with six entries.

The methodology behind the rankings focused on cities within Zillow’s 2,500 largest housing markets, filtering for those with above-average growth over both one and five years. By scoring and combining these metrics, the study offers a clear snapshot of where New York’s housing market is thriving.

Here’s a rundown of the top 20, ending with the city scoring highest for increased value.

Also see New York’s hidden gem housing markets.

• September 2025 average home value: $167,277
• 1-year home value change (%): 3.3%
• 5-year home value change (%): 55.2%

• September 2025 average home value: $580,697
• 1-year home value change (%): 6%
• 5-year home value change (%): 46.8%

• September 2025 average home value: $487,677
• 1-year home value change (%): 4.7%
• 5-year home value change (%): 51.7%

• September 2025 average home value: $595,602
• 1-year home value change (%): 3.6%
• 5-year home value change (%): 55.8%

• September 2025 average home value: $241,479
• 1-year home value change (%): 3.4%
• 5-year home value change (%): 56.9%

• September 2025 average home value: $409,977
• 1-year home value change (%): 3.1%
• 5-year home value change (%): 58.2%

• September 2025 average home value: $1,239,516
• 1-year home value change (%): 0.8%
• 5-year home value change (%): 67.8%

• September 2025 average home value: $1,596,292
• 1-year home value change (%): 9.1%
• 5-year home value change (%): 40.7%

• September 2025 average home value: $275,579
• 1-year home value change (%): 5.6%
• 5-year home value change (%): 53.4%

• September 2025 average home value: $1,006,718
• 1-year home value change (%): 6.9%
• 5-year home value change (%): 49.4%

• September 2025 average home value: $258,317
• 1-year home value change (%): 5.7%
• 5-year home value change (%): 53.8%

• September 2025 average home value: $123,604
• 1-year home value change (%): 4.7%
• 5-year home value change (%): 58.4%

• September 2025 average home value: $388,672
• 1-year home value change (%): 5.2%
• 5-year home value change (%): 56.6%

• September 2025 average home value: $768,536
• 1-year home value change (%): 7.7%
• 5-year home value change (%): 52%

• September 2025 average home value: $869,879
• 1-year home value change (%): 2.9%
• 5-year home value change (%): 68.5%

• September 2025 average home value: $321,672
• 1-year home value change (%): 6%
• 5-year home value change (%): 62.2%

• September 2025 average home value: $210,667
• 1-year home value change (%): 5.9%
• 5-year home value change (%): 64.4%

• September 2025 average home value: $277,939
• 1-year home value change (%): 5.8%
• 5-year home value change (%): 67.2%

• September 2025 average home value: $207,042
• 1-year home value change (%): 7.8%
• 5-year home value change (%): 61.8%

• September 2025 average home value: $202,260
• 1-year home value change (%): 8.2%
• 5-year home value change (%): 61.5%

Editor’s note: Photos are for representational purposes only and might not reflect the exact locations listed.

Methodology: For this piece, GOBankingRates analyzed only New York cities ranked among Zillow’s 2,500 largest housing markets. To qualify, each city had to show both 1-year and 5-year home value growth above the national average. These growth rates were scored and combined, with lower scores indicating stronger performance. The analysis uses Zillow’s September 2025 data, current as of Nov. 3, 2025.