Market Overview
Home Prices in Babylon, NY
The median home value in Babylon, NY is $768,050 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.3% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Babylon are priced87% above average. Babylon is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Price History
Babylon Home Price Trend
2024
$746,481
$746K
—
2025
$770,537
$771K
+3.2%
2026
$768,050
$768K
-0.3%
City Comparison
Babylon vs. National Median
🏠 Babylon
$768,050
National Median
$410,000
At $768,050, homes in Babylon cost 87% above the national median of $410,000. Buyers in Babylon should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Babylon?
20% Down Payment
$153,610
on $768,050
Monthly P&I
$4,006/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,088/mo
incl. taxes & insurance
Income Needed
$203,520
gross annual (30% rule)
10% Down Option
$76,805
+ PMI applies
Loan Amount (20% dn)
$614,440
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 Babylon, NY?
The median home value in Babylon is $768,050 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.3% year-over-year.
How much have home prices changed in Babylon?
Over the past year, home values in Babylon have decreased by 0.3%.
How much do I need to earn to buy a home in Babylon?
To comfortably afford the median home price of $768,050 with a 20% down payment ($153,610) at today's rates (6.8%), you'd need a gross annual income of approximately $203,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Babylon compare to the national average home price?
The national median home value is approximately $410,000. At $768,050, homes in Babylon are 87% above the national average.
What metro area is Babylon part of?
Babylon is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.