Average commission by state / New York
Average Real Estate Commission in New York
New York's average real estate commission rate is 5.69% of the sale price, below the 5.70% national average rate.
How New York compares to the rest of the country
At 5.69%, New York has the 26th highest average commission rate of the 51 states and DC. That is 0.01% below the 5.70% national average, a difference of about $40 on a $400,000 sale.
New York leans listing-side: the listing agent takes 0.17% more than the other side, worth about $680 on a $400,000 sale. That is the side with the most room in it, and it is where a negotiation usually starts.
States that price closest to New York: Colorado (5.71%), Delaware (5.66%), Georgia (5.66%), Pennsylvania (5.77%).
Worked example
On a $400,000 home sold at New York's average rate:
| Sale price | $400,000 |
| Listing agent (2.93%) | $11,720 |
| Buyer's agent (2.76%) | $11,040 |
| Total commission | $22,760 |
Commission by sale price in New York
What the New York average of 5.69% works out to across common sale prices.
| Sale price | Listing side | Buyer side | Total commission |
|---|---|---|---|
| $200,000 | $5,860 | $5,520 | $11,380 |
| $300,000 | $8,790 | $8,280 | $17,070 |
| $400,000 | $11,720 | $11,040 | $22,760 |
| $500,000 | $14,650 | $13,800 | $28,450 |
| $750,000 | $21,975 | $20,700 | $42,675 |
| $1,000,000 | $29,300 | $27,600 | $56,900 |
How New York compares to the national average
The national average total commission is 5.70%, so New York runs 0.01% below it. On a $400,000 sale that is close to no difference at all.
Treat the state figure as a starting point rather than a going rate. Commission is negotiated deal by deal, and the spread between what two sellers in the same New York zip code pay is usually wider than the spread between New York and the national average. Learn what actually moves the number in the guide on negotiating real estate commission.
Commission is the largest fee in a New York sale but not the only one. What else comes out at closing, what the percentage actually buys, and how much of it the agent keeps rather than the brokerage are covered on real estate agent fees. For whether the seller or the buyer covers each side after the 2024 rule change, see who pays realtor fees.
For your own price and rate, or to see your full net proceeds after closing costs and mortgage payoff, use the real estate commission calculator or the net proceeds calculator.
Frequently asked questions
- What is the average real estate commission in New York?
- The average total commission in New York is 5.69% of the sale price: about 2.93% to the listing agent and 2.76% to the buyer's agent. That is below the 5.70% national average by 0.01%. These are averages for planning, not a fixed or legal rate -- commission is always negotiable.
- How much commission on a $400,000 home in New York?
- At the New York average of 5.69%, total commission on a $400,000 sale works out to about $22,760: roughly $11,720 to the listing agent and $11,040 to the buyer's agent.
- What is the average realtor commission rate in New York?
- About 5.69% of the sale price in total. Sellers usually see that quoted as a single listing-agreement number, which the listing broker then splits with the buyer's broker: roughly 2.93% and 2.76%. "Realtor" is a trademark for members of the National Association of Realtors, so a Realtor's rate in New York and a non-member agent's rate come from the same negotiated range.
- Who pays the real estate commission in New York?
- The seller pays out of sale proceeds at closing in the large majority of New York transactions. Since the August 2024 NAR settlement, the buyer's agent fee is negotiated separately, so a buyer may agree to cover some or all of their own agent's fee rather than having it come out of the seller's side.
- Is real estate commission negotiable in New York?
- Yes. Commission rates are set by agreement between you and your agent, not by law or by any MLS, in New York or anywhere else in the US. Since the August 2024 NAR settlement, buyer-agent compensation in particular is negotiated separately rather than automatically bundled into one listing-side rate.