Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$235,019+5.7% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 15% have cut their price
Income needed to buy, per year$50,947About 0.8× the local median income ($67,774): affordable for a typical household
Days on market54 daysAbout the same pace as a year ago
The typical home in Cayuga County, NY is worth $235,019, up 5.7% from a year ago. That is well above what local incomes have historically supported: fair value is about $188,707, so the area is 24.5% overvalued. It is a balanced market, leaning toward sellers: homes take about 54 days to sell, listings are up 17% from a year ago, 15% of listings have had a price cut. A household needs about $50,947 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,774. Typical rent is $1,428 a month. In the latest IRS figures, 76 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$235,019
Change in 1 year
+5.7%
Overvalued %
+24.5%
Show 6 more
Fair home value
$188,707
Change in 5 years
+33.4%
Home value to income
3.5×
Monthly mortgage payment (20% down)
$1,274
Income needed to afford it
$50,947
Property tax rate
2.19%
Rent and investing
Typical rent
$1,428
Price-to-rent ratio
13.7×
HUD Fair Market Rent, 2 bedrooms
$1,074
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Gross rental yield
7.29%
Cap rate (estimate)
4.74%
Market activity
Listings vs a year ago
+17.1%
Days on market
54
Listings with a price cut
14.9%
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Homes for sale
178
Pending sales per 100 listings
99
Asking price per sq ft
$160
People and jobs
Median household income
$67,774
Population change (1 year)
−0.4%
Unemployment rate
3.8%
Show 4 more
Population
74,365
Income adjusted for cost of living
$73,989
Net moves in (IRS)
+76
Cost of living (US = 100)
91.6
Schools, risk and environment
School rating (1 to 10)
4.5
FEMA hazard risk score (0 to 100)
61.5
Flood risk score
78.1
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Wildfire risk score
32.4
Walkability (1 to 20)
7.7
Road, rail and air noise
53 dB
Questions people ask
Is Cayuga County, NY overvalued?
Home prices in Cayuga County, NY are well above what local incomes have historically supported: fair value is about $188,707, so the area is 24.5% overvalued.
Is Cayuga County, NY a buyer's or seller's market?
Cayuga County, NY is a balanced market, leaning toward sellers: homes take about 54 days to sell, listings are up 17% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Cayuga County, NY?
Home values in Cayuga County, NY are up 5.7% over the last year.
How much do you need to earn to buy a home in Cayuga County, NY?
A household needs about $50,947 a year to afford the typical home in Cayuga County, NY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,774.