Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$80,833
$819

Housing Market Overview

Metric Chenango County New York Avg US Average
Median Home Price $80,833 $436,407 $242,182
Price Trend (Annual %) -4.9% 6.9% 8.2%
Median Gross Rent $819 $1,576 $1,342
Rent Trend (Annual %) 3.8% 4.5% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Chenango County
New York
United States
Year Chenango County New York United States
Median Rent Over Time
Chenango County
New York
United States
Year Chenango County New York United States

Affordability

On average, housing unit costs 1.3 yearly household incomes in Chenango County.

Metric Chenango County New York Avg US Average
Median Home Price $80,833 $436,407 $242,182
Median Household Income $62,636 $85,191 $78,145
Price-to-Income Ratio 1.3 5.1 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Chenango County New York Avg US Average
Homeownership Rate 61.8% 48.7% 58.2%
Rental Rate 19.2% 41.1% 31.3%
Vacancy Rate 19.1% 10.2% 10.6%
Median Tenure (years) 19.0 17.0 15.0
Median Year Moved In 2007 2009 2011

Housing Stock

Metric Chenango County New York Avg US Average
Average Household Size 2.32 people 2.51 people 2.54 people
Median Structure Built Year 1966 1960 1978
Median Number of Rooms 6.0 5.0 5.5