Market Overview
Home Prices in Bakers Mills, NY
The median home value in Bakers Mills, NY is $299,887 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.9% compared to a year ago and down 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bakers Mills are priced27% below average. Bakers Mills is part of the Glens Falls, NY metro area.
Over the past five years, Bakers Mills home values have risen by approximately34.0%, reflecting strong long-term appreciation in this market.
Price History
Bakers Mills Home Price Trend
City Comparison
Bakers Mills vs. National Median
At $299,887, homes in Bakers Mills cost 27% below the national median of $410,000. This makes Bakers Mills a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bakers Mills?
20% Down Payment
$59,977
on $299,887
Monthly P&I
$1,564/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,986/mo
incl. taxes & insurance
Income Needed
$79,440
gross annual (30% rule)
10% Down Option
$29,989
+ PMI applies
Loan Amount (20% dn)
$239,910
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 Bakers Mills, NY?
The median home value in Bakers Mills is $299,887 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.9% year-over-year.
How much have home prices changed in Bakers Mills?
Over the past year, home values in Bakers Mills have increased by 7.9%. Over five years, prices have risen approximately 34.0%.
How much do I need to earn to buy a home in Bakers Mills?
To comfortably afford the median home price of $299,887 with a 20% down payment ($59,977) at today's rates (6.8%), you'd need a gross annual income of approximately $79,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Bakers Mills compare to the national average home price?
The national median home value is approximately $410,000. At $299,887, homes in Bakers Mills are 27% below the national average.
What metro area is Bakers Mills part of?
Bakers Mills is part of the Glens Falls, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.