Market Overview
Home Prices in Black River, NY
The median home value in Black River, NY is $247,930 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.4% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Black River are priced40% below average. Black River is part of the Watertown-Fort Drum, NY metro area.
Over the past five years, Black River home values have risen by approximately29.2%, reflecting strong long-term appreciation in this market.
Price History
Black River Home Price Trend
City Comparison
Black River vs. National Median
At $247,930, homes in Black River cost 40% below the national median of $410,000. This makes Black River a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Black River?
20% Down Payment
$49,586
on $247,930
Monthly P&I
$1,293/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,642/mo
incl. taxes & insurance
Income Needed
$65,680
gross annual (30% rule)
10% Down Option
$24,793
+ PMI applies
Loan Amount (20% dn)
$198,344
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 Black River, NY?
The median home value in Black River is $247,930 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.4% year-over-year.
How much have home prices changed in Black River?
Over the past year, home values in Black River have increased by 3.4%. Over five years, prices have risen approximately 29.2%.
How much do I need to earn to buy a home in Black River?
To comfortably afford the median home price of $247,930 with a 20% down payment ($49,586) at today's rates (6.8%), you'd need a gross annual income of approximately $65,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Black River compare to the national average home price?
The national median home value is approximately $410,000. At $247,930, homes in Black River are 40% below the national average.
What metro area is Black River part of?
Black River is part of the Watertown-Fort Drum, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.