Seneca County, New York Housing Market Prices
Seneca 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 71% below the New York median$138,541
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Median rent 41% below the New York median$956
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Seneca County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $138,541 | $471,885 | $248,835 |
| Price Trend (Annual %) | 6.2% | 7.1% | 7.5% |
| Median Gross Rent | $956 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Seneca County is about 71% lower than in New York. Rent is about 41% 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 Seneca County, up about 6.2% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Seneca County rose about 33.6% between 2015 and 2024, from $715 to $956. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 2.0 yearly household incomes in Seneca County.
Buying the median-priced home in Seneca County costs roughly 12.1 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Seneca County. The price-to-rent ratio in New York is about 24.3.
| Metric | Seneca County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $138,541 | $471,885 | $248,835 |
| Median Household Income | $67,623 | $86,556 | $80,455 |
| Price-to-Income Ratio | 2.0 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Seneca County rose about 33.2%, while median household income rose about 39.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Seneca County | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.6% | 48.8% | 58.5% |
| Rental Rate | 24.4% | 41.1% | 31.2% |
| Vacancy Rate | 16.0% | 10.1% | 10.2% |
| Median Tenure (years) | 16.0 | 17.0 | 15.0 |
| Median Year Moved In | 2010 | 2009 | 2011 |
Seneca County has a homeownership rate of 59.6%, higher than the New York average of 48.8%. Its housing vacancy rate is 16.0%, compared with 10.1% in New York.
Housing Stock
| Metric | Seneca County | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.28 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1958 | 1960 | 1978 |
| Median Number of Rooms | 6.1 | 5.0 | 5.5 |
The typical housing unit in Seneca County was built around 1958. On average, 2.3 people live in a home with about 6.1 rooms, staying for about 16.0 years on average.
Seneca County, NY Housing Compared With Nearby Counties
Seneca County, NY is the smallest of the 4 counties compared here, 32,919 residents against a local median of 103,844. The measure that sets Seneca County, NY apart most is median home price: $138,541, 18% above the local median of $116,927.
Median rent tells the same story from another angle: $956 against a local median of $1,149, 17% below it. The counties themselves spread $51,207 on median home price, so Seneca County, NY sits at one end of an already wide local range rather than apart from it. Seneca County, NY has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Seneca County, NY | 32,919 | $138,541 #1/4 | $956 #3/4 | 71.0% #3/4 |
| Cayuga County, NY | 75,102 | $82,647 | $941 | 71.4% |
| Tompkins County, NY | 103,844 | $116,927 | $1,408 | 54.2% |
| Ontario County, NY | 112,625 | $133,854 | $1,149 | 73.7% |
Frequently Asked Questions
Common questions about the housing market in Seneca County, New York.
What is the median home price in Seneca County, New York?
The median home price in Seneca County, New York is $138,541, lower than the New York average of $471,885.
What is the average home price in Seneca County, New York?
The typical home price in Seneca County, New York, reported as the median sale price, is $138,541. 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 Seneca County, New York?
The median gross rent in Seneca County, New York is $956 per month, lower than the New York average of $1,621.
What was the median gross rent in Seneca County in 2020?
In 2020, the median gross rent in Seneca County, New York was $785 per month.
What is the price-to-rent ratio in Seneca County, New York?
The price-to-rent ratio in Seneca County, New York is about 12.1, meaning it would take roughly 12.1 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Seneca County.
Are home prices or rent rising faster in Seneca County, New York?
Both home prices and rent are rising in Seneca County, up about 6.2% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Seneca County, New York?
59.6% of households in Seneca County, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Seneca County, New York?
The housing vacancy rate in Seneca County, New York is 16.0%, higher than the New York average of 10.1%.
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