Market Overview
Home Prices in Basom, NY
The median home value in Basom, NY is $212,175 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Basom are priced48% below average. Basom is part of the Batavia, NY metro area.
Price History
Basom Home Price Trend
2024
$195,992
$196K
—
2025
$199,963
$200K
+2.0%
2026
$212,175
$212K
+6.1%
City Comparison
Basom vs. National Median
🏠 Basom
$212,175
National Median
$410,000
At $212,175, homes in Basom cost 48% below the national median of $410,000. This makes Basom a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Basom?
20% Down Payment
$42,435
on $212,175
Monthly P&I
$1,107/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,406/mo
incl. taxes & insurance
Income Needed
$56,240
gross annual (30% rule)
10% Down Option
$21,218
+ PMI applies
Loan Amount (20% dn)
$169,740
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 Basom, NY?
The median home value in Basom is $212,175 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Basom?
Over the past year, home values in Basom have increased by 6.1%.
How much do I need to earn to buy a home in Basom?
To comfortably afford the median home price of $212,175 with a 20% down payment ($42,435) at today's rates (6.8%), you'd need a gross annual income of approximately $56,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Basom compare to the national average home price?
The national median home value is approximately $410,000. At $212,175, homes in Basom are 48% below the national average.
What metro area is Basom part of?
Basom is part of the Batavia, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.