Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$166,867+8.2% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 11% have cut their price
Income needed to buy, per year$36,173About 0.6× the local median income ($63,204): affordable for a typical household
Days on market81 daysSlower than a year ago: buyers have time to negotiate
The typical home in Chenango County, NY is worth $166,867, up 8.2% from a year ago. That is well above what local incomes have historically supported: fair value is about $145,915, so the area is 14.4% overvalued. It is a balanced market, leaning toward sellers: homes take about 81 days to sell, listings are up 12% from a year ago, 11% of listings have had a price cut. A household needs about $36,173 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 $63,204. In the latest IRS figures, 166 more people moved out than in.
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
$166,867
Change in 1 year
+8.2%
Overvalued %
+14.4%
Show 6 more
Fair home value
$145,915
Change in 5 years
+30.3%
Home value to income
2.6×
Monthly mortgage payment (20% down)
$904
Income needed to afford it
$36,173
Property tax rate
2.26%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
+12.0%
Days on market
81
Listings with a price cut
11.0%
Show 3 more
Homes for sale
149
Pending sales per 100 listings
72
Asking price per sq ft
$121
People and jobs
Median household income
$63,204
Population change (1 year)
−0.2%
Unemployment rate
6.4%
Show 4 more
Population
45,715
Income adjusted for cost of living
$69,000
Net moves in (IRS)
−166
Cost of living (US = 100)
91.6
Schools, risk and environment
School rating (1 to 10)
3.3
FEMA hazard risk score (0 to 100)
72.3
Flood risk score
85.6
Show 3 more
Wildfire risk score
26.5
Walkability (1 to 20)
5.1
Road, rail and air noise
54 dB
Questions people ask
Is Chenango County, NY overvalued?
Home prices in Chenango County, NY are well above what local incomes have historically supported: fair value is about $145,915, so the area is 14.4% overvalued.
Is Chenango County, NY a buyer's or seller's market?
Chenango County, NY is a balanced market, leaning toward sellers: homes take about 81 days to sell, listings are up 12% from a year ago, 11% of listings have had a price cut.
Are home prices going down in Chenango County, NY?
Home values in Chenango County, NY are up 8.2% over the last year.
How much do you need to earn to buy a home in Chenango County, NY?
A household needs about $36,173 a year to afford the typical home in Chenango County, NY at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $63,204.