How to save your apartment for an average home buyer

MILLWALL, N.Y. — The New York Times is reporting that the average house price in New York City is $1,054,000, which is $2,979,000 more than the median home price of $1.17 million.

The average price of a condo is $521,000.

The average New York home price rose 2.4% in August from the previous month, according to data compiled by RealtyTrac.

The median price for a single-family home was $383,500 in August.