Housing Market & Real Estate Update: Staten Island, NY (Feb. 28, 2026)
Staten Island, NY – February 28, 2026 – Inventory remains near 2.0K listings with a $715K median ask, while ~6% mortgage rates keep buyers selective and negotiations common.
Top takeaways
- Active for-sale inventory is about 2.0K homes, with a median list price near $715K.
- Homes are taking longer to move (about 75 median days on market), so pricing and condition matter.
- Mortgage rates are still around 6%, shaping monthly payments and keeping negotiations common.
Market snapshot
Current listing data points to a market where buyers have time to compare options. The median price per square foot is around $482, and the typical sale-to-list ratio is near 98%, suggesting many deals still close close to asking—though not always at it.
Closed-sale data for January 2026 shows a median sale price of about $741K, with 272 transactions recorded. Against the backdrop of roughly 2.0K active listings, this pace reinforces why days on market (about 75 at the median) has become an important signal for sellers: listings that miss the mark on price or presentation can sit longer.
Rates & affordability
Freddie Mac’s weekly survey measured the average 30-year fixed rate at 6.09% (Feb. 12, 2026). At this level, small shifts in rate can materially change purchasing power and monthly payments, which helps explain why buyers remain selective and why concessions and negotiation have stayed part of the conversation.
What to watch next
As spring approaches, watch for whether new listings increase and whether well-priced, move-in-ready homes regain faster momentum. If inventory holds near current levels, pay attention to how quickly competitively priced homes attract offers versus homes that need updates or are priced aggressively.