Market Overview
Home Prices in Bemus Point, NY
The median home value in Bemus Point, NY is $354,091 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.2% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bemus Point are priced14% below average. Bemus Point is part of the Jamestown-Dunkirk-Fredonia, NY metro area.
Over the past five years, Bemus Point home values have risen by approximately40.4%, reflecting strong long-term appreciation in this market.
Price History
Bemus Point Home Price Trend
City Comparison
Bemus Point vs. National Median
At $354,091, homes in Bemus Point cost 14% below the national median of $410,000. This makes Bemus Point a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bemus Point?
20% Down Payment
$70,818
on $354,091
Monthly P&I
$1,847/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,346/mo
incl. taxes & insurance
Income Needed
$93,840
gross annual (30% rule)
10% Down Option
$35,409
+ PMI applies
Loan Amount (20% dn)
$283,273
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 Bemus Point, NY?
The median home value in Bemus Point is $354,091 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.2% year-over-year.
How much have home prices changed in Bemus Point?
Over the past year, home values in Bemus Point have increased by 4.2%. Over five years, prices have risen approximately 40.4%.
How much do I need to earn to buy a home in Bemus Point?
To comfortably afford the median home price of $354,091 with a 20% down payment ($70,818) at today's rates (6.8%), you'd need a gross annual income of approximately $93,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Bemus Point compare to the national average home price?
The national median home value is approximately $410,000. At $354,091, homes in Bemus Point are 14% below the national average.
What metro area is Bemus Point part of?
Bemus Point is part of the Jamestown-Dunkirk-Fredonia, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.