Greene County, New York Housing Market Prices
Greene County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 44% below the New York median More expensive than 77% of counties in New York$262,000
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Median rent 38% below the New York median$1,004
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Greene County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $262,000 | $471,885 | $248,835 |
| Price Trend (Annual %) | 6.0% | 7.1% | 7.5% |
| Median Gross Rent | $1,004 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 2.0% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Greene County is about 44% lower than in New York. Rent is about 38% lower than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Greene County, up about 6.0% and 2.0% a year respectively. Home prices are changing faster.
Median rent in Greene County rose about 20.0% between 2015 and 2024, from $837 to $1,004. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Greene County.
Buying the median-priced home in Greene County costs roughly 21.7 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Greene County. The price-to-rent ratio in New York is about 24.3.
| Metric | Greene County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $262,000 | $471,885 | $248,835 |
| Median Household Income | $78,318 | $86,556 | $80,455 |
| Price-to-Income Ratio | 3.3 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Greene County rose about 102.8%, while median household income rose about 56.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Greene County | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 49.6% | 48.8% | 58.5% |
| Rental Rate | 14.6% | 41.1% | 31.2% |
| Vacancy Rate | 35.8% | 10.1% | 10.2% |
| Median Tenure (years) | 19.0 | 17.0 | 15.0 |
| Median Year Moved In | 2007 | 2009 | 2011 |
Greene County has a homeownership rate of 49.6%, higher than the New York average of 48.8%. Its housing vacancy rate is 35.8%, compared with 10.1% in New York.
Housing Stock
| Metric | Greene County | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.38 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1969 | 1960 | 1978 |
| Median Number of Rooms | 5.6 | 5.0 | 5.5 |
The typical housing unit in Greene County was built around 1969. On average, 2.4 people live in a home with about 5.6 rooms, staying for about 19.0 years on average.
Greene County, NY Housing Compared With Nearby Counties
Greene County, NY is the 5th largest of the 6 counties compared here, 47,409 residents against a local median of 160,313. Where Greene County, NY breaks from the counties next to it is median home price, sitting 23% above the local median of $212,185 at $262,000.
Median rent tells the same story from another angle: $1,004 against a local median of $1,260, 20% below it. The counties themselves spread $179,410 on median home price, so Greene County, NY sits at one end of an already wide local range rather than apart from it. Greene County, NY has the 3rd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Greene County, NY | 47,409 | $262,000 #3/6 | $1,004 #5/6 | 77.2% #1/6 |
| Albany County, NY | 317,009 | $182,714 | $1,313 | 56.6% |
| Ulster County, NY | 182,585 | $334,097 | $1,425 | 69.9% |
| Schoharie County, NY | 30,049 | $154,687 | $909 | 76.4% |
| Columbia County, NY | 61,100 | $292,288 | $1,260 | 76.3% |
| Schenectady County, NY | 160,313 | $212,185 | $1,193 | 64.1% |
Frequently Asked Questions
Common questions about the housing market in Greene County, New York.
What is the median home price in Greene County, New York?
The median home price in Greene County, New York is $262,000, lower than the New York average of $471,885.
What is the average home price in Greene County, New York?
The typical home price in Greene County, New York, reported as the median sale price, is $262,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Greene County, New York?
The median gross rent in Greene County, New York is $1,004 per month, lower than the New York average of $1,621.
What was the median gross rent in Greene County in 2020?
In 2020, the median gross rent in Greene County, New York was $925 per month.
What is the price-to-rent ratio in Greene County, New York?
The price-to-rent ratio in Greene County, New York is about 21.7, meaning it would take roughly 21.7 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Greene County.
Are home prices or rent rising faster in Greene County, New York?
Both home prices and rent are rising in Greene County, up about 6.0% and 2.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Greene County, New York?
49.6% of households in Greene County, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Greene County, New York?
The housing vacancy rate in Greene County, New York is 35.8%, higher than the New York average of 10.1%.
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