Market Overview
Home Prices in Bay Wood, NY
The median home value in Bay Wood, NY is $626,050 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.9% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bay Wood are priced53% above average. Bay Wood is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Bay Wood home values have risen by approximately18.6%, reflecting steady appreciation in this market.
Price History
Bay Wood Home Price Trend
City Comparison
Bay Wood vs. National Median
At $626,050, homes in Bay Wood cost 53% above the national median of $410,000. Buyers in Bay Wood should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Bay Wood?
20% Down Payment
$125,210
on $626,050
Monthly P&I
$3,265/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,147/mo
incl. taxes & insurance
Income Needed
$165,880
gross annual (30% rule)
10% Down Option
$62,605
+ PMI applies
Loan Amount (20% dn)
$500,840
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 Bay Wood, NY?
The median home value in Bay Wood is $626,050 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.9% year-over-year.
How much have home prices changed in Bay Wood?
Over the past year, home values in Bay Wood have increased by 0.9%. Over five years, prices have risen approximately 18.6%.
How much do I need to earn to buy a home in Bay Wood?
To comfortably afford the median home price of $626,050 with a 20% down payment ($125,210) at today's rates (6.8%), you'd need a gross annual income of approximately $165,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Bay Wood compare to the national average home price?
The national median home value is approximately $410,000. At $626,050, homes in Bay Wood are 53% above the national average.
What metro area is Bay Wood part of?
Bay Wood 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.