Housing

California vs New York: Median Housing Value

New York has lower median home values than California by $326,500.

California flag
California
CA · West
$693,700
Median residential home value in U.S. dollars.
New York flag
New York
NY · Northeast
Winner
$367,200
Median residential home value in U.S. dollars.

Visual comparison

California$693,700
New York$367,200

Difference: $326,500 — New York leads.

National Rankings

Where They Rank Nationally

See where both states fall among all 50 states for median housing value.

California #49 · $693,700
New York #36 · $367,200
Best Worst

10 Best States — Median Housing Value

Lower is better
#1 West Virginia flag West Virginia
$124,800
#2 Mississippi flag Mississippi
$140,800
#3 Arkansas flag Arkansas
$154,200
#4 Oklahoma flag Oklahoma
$171,200
#5 Kentucky flag Kentucky
$172,800
#6 Iowa flag Iowa
$173,300
#7 Louisiana flag Louisiana
$173,400
#8 Alabama flag Alabama
$174,600
#9 Kansas flag Kansas
$185,900
#10 Ohio flag Ohio
$196,200
Selected states
#49 California flag California
$693,700
#36 New York flag New York
$367,200

California ranks 49th and New York ranks 36th nationally for median housing value.

Related context

Housing in Context

A home price only makes sense relative to income, taxes, and ongoing ownership costs.

MetricCaliforniaNew York
Median Gross Rent $1,856/mo $1,578/mo Median Household Income $84,097 $78,609 Property Tax Rate 0.70% 1.55%
Homeownership Rate 55.8% 53.6%
Home Value / Income 8.25× 4.67×

What this means

California vs New York: Median Housing Value in context

New York's median housing value is $367,200, compared with $693,700 in California. Median residential home value in U.S. dollars.

California
$693,700
New York
$367,200
Difference
$326,500

People also ask

California vs New York Median Housing Value — common questions

QWhat is California's median housing value?

California's median housing value is $693,700.

QWhat is New York's median housing value?

New York's median housing value is $367,200.

QWhich state has a lower median housing value — California or New York?

New York has lower median home values than California by $326,500.

More comparisons: California vs New York

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Full comparison
Median Gross Rent Median Monthly Owner Costs With Mortgage Owner Costs Without Mortgage Homeownership Rate Home Value to Income Ratio Rent to Income Ratio Owner Costs to Income Home Insurance Cost

Explore each state

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Data source and freshness

Primary source
U.S. Census Bureau — 2023 American Community Survey
Data period
ACS 2023 estimates
Dataset reviewed
July 23, 2026
Method note
State values or ratios calculated from ACS fields.