NY Home Prices Hit Record High | Rochester News

New York’s home prices just hit a record high—with statewide median prices soaring to $475,000, up 8% from last year. While downstate hotspots like Richmond and Suffolk are pricing out buyers at $700K+, the Finger Lakes offer more affordable options, from $221K in Orleans to $305K in Monroe. Despite the surge, inventory is climbing for the 16th straight month, and rates remain steady at 6.49%—a small uptick but still lower than last year’s peak, offering cautious hope for buyers. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6deb93e4716b7c2b