Market Overview
Home Prices in Big Flats, NY
The median home value in Big Flats, NY is $269,453 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.3% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Big Flats are priced34% below average. Big Flats is part of the Elmira, NY metro area.
Price History
Big Flats Home Price Trend
2024
$244,473
$244K
—
2025
$248,871
$249K
+1.8%
2026
$269,453
$269K
+8.3%
City Comparison
Big Flats vs. National Median
🏠 Big Flats
$269,453
National Median
$410,000
At $269,453, homes in Big Flats cost 34% below the national median of $410,000. This makes Big Flats a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Big Flats?
20% Down Payment
$53,891
on $269,453
Monthly P&I
$1,405/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,784/mo
incl. taxes & insurance
Income Needed
$71,360
gross annual (30% rule)
10% Down Option
$26,945
+ PMI applies
Loan Amount (20% dn)
$215,562
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 Big Flats, NY?
The median home value in Big Flats is $269,453 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.3% year-over-year.
How much have home prices changed in Big Flats?
Over the past year, home values in Big Flats have increased by 8.3%.
How much do I need to earn to buy a home in Big Flats?
To comfortably afford the median home price of $269,453 with a 20% down payment ($53,891) at today's rates (6.8%), you'd need a gross annual income of approximately $71,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Big Flats compare to the national average home price?
The national median home value is approximately $410,000. At $269,453, homes in Big Flats are 34% below the national average.
What metro area is Big Flats part of?
Big Flats is part of the Elmira, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.