📍 Alfred Station, NY · Zillow ZHVI · July 2026

Average Home Price in
Alfred Station, NY

Allegany County County

Median Home Value
$210,017
↑ 7% year-over-year
vs. National Median
$410,000
Alfred Station is 49% below
Est. Monthly Payment
$1,095/mo
20% down · 6.8% rate
Income Needed
$56K
gross annual (30% rule)
Median Home Value
$210,017
↑ 7% year-over-year

Down Payment (20%)$42,003
Monthly P&I$1,095/mo
With Taxes & Ins.~$1,391/mo
Income Needed$55,640/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Alfred Station, NY

The median home value in Alfred Station, NY is $210,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7% compared to a year ago and up 8% from two years prior.

Compared to the U.S. national median of $410,000, homes in Alfred Station are priced49% below average.

City Comparison

Alfred Station vs. National Median

🏠 Alfred Station
$210,017
National Median
$410,000

At $210,017, homes in Alfred Station cost 49% below the national median of $410,000. This makes Alfred Station a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Alfred Station?

20% Down Payment
$42,003
on $210,017
Monthly P&I
$1,095/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,391/mo
incl. taxes & insurance
Income Needed
$55,640
gross annual (30% rule)
10% Down Option
$21,002
+ PMI applies
Loan Amount (20% dn)
$168,014
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Alfred Station, NY?
The median home value in Alfred Station is $210,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7% year-over-year.
How much have home prices changed in Alfred Station?
Over the past year, home values in Alfred Station have increased by 7%.
How much do I need to earn to buy a home in Alfred Station?
To comfortably afford the median home price of $210,017 with a 20% down payment ($42,003) at today's rates (6.8%), you'd need a gross annual income of approximately $55,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Alfred Station compare to the national average home price?
The national median home value is approximately $410,000. At $210,017, homes in Alfred Station are 49% below the national average.