📍 Canaedea, NY · Zillow ZHVI · July 2026

Average Home Price in
Canaedea, NY

Allegany County County

Median Home Value
$213,922
↑ 9.5% year-over-year
vs. National Median
$410,000
Canaedea is 48% below
Est. Monthly Payment
$1,116/mo
20% down · 6.8% rate
Income Needed
$57K
gross annual (30% rule)
Median Home Value
$213,922
↑ 9.5% year-over-year

Down Payment (20%)$42,784
Monthly P&I$1,116/mo
With Taxes & Ins.~$1,417/mo
Income Needed$56,680/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Canaedea, NY

The median home value in Canaedea, NY is $213,922 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.5% compared to a year ago and up 5.3% from two years prior.

Compared to the U.S. national median of $410,000, homes in Canaedea are priced48% below average.

City Comparison

Canaedea vs. National Median

🏠 Canaedea
$213,922
National Median
$410,000

At $213,922, homes in Canaedea cost 48% below the national median of $410,000. This makes Canaedea a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Canaedea?

20% Down Payment
$42,784
on $213,922
Monthly P&I
$1,116/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,417/mo
incl. taxes & insurance
Income Needed
$56,680
gross annual (30% rule)
10% Down Option
$21,392
+ PMI applies
Loan Amount (20% dn)
$171,138
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 Canaedea, NY?
The median home value in Canaedea is $213,922 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.5% year-over-year.
How much have home prices changed in Canaedea?
Over the past year, home values in Canaedea have increased by 9.5%.
How much do I need to earn to buy a home in Canaedea?
To comfortably afford the median home price of $213,922 with a 20% down payment ($42,784) at today's rates (6.8%), you'd need a gross annual income of approximately $56,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Canaedea compare to the national average home price?
The national median home value is approximately $410,000. At $213,922, homes in Canaedea are 48% below the national average.