While much of the national housing market is cooling in 2025, many Upstate New York counties are showing resilience—and in some cases, strong growth. New data from Zillow’s Home Value Index (ZHVI) reveals a clear divide between rising markets in Central and Western New York and declining values in parts of the New York City metro.
Through April 2025, the story of New York’s housing market is increasingly about affordability, migration, and regional economic stability—especially outside of downstate areas.
Upstate counties see steady home value growth
Several upstate counties are seeing continued home price appreciation thanks to low inventory, local demand, and affordability compared to major metros.
Why upstate markets are outperforming
Upstate New York offers a mix of affordable housing, local economic stability, and relatively low competition, which appeals to both in-state movers and out-of-state buyers priced out of major cities…