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📍 Chenango Forks, NY · Zillow ZHVI · July 2026

Average Home Price in
Chenango Forks, NY

Binghamton, NY metro area · Broome County County

Median Home Value
$205,789
↑ 6.9% year-over-year
vs. National Median
$410,000
Chenango Forks is 50% below
Est. Monthly Payment
$1,073/mo
20% down · 6.8% rate
Income Needed
$55K
gross annual (30% rule)
Median Home Value
$205,789
↑ 6.9% year-over-year
Down Payment (20%)$41,158
Monthly P&I$1,073/mo
With Taxes & Ins.~$1,363/mo
Income Needed$54,520/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Chenango Forks, NY

The median home value in Chenango Forks, NY is $205,789 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.9% compared to a year ago and up 4.7% from two years prior.

Compared to the U.S. national median of $410,000, homes in Chenango Forks are priced50% below average. Chenango Forks is part of the Binghamton, NY metro area.

City Comparison

Chenango Forks vs. National Median

🏠 Chenango Forks
$205,789
National Median
$410,000

At $205,789, homes in Chenango Forks cost 50% below the national median of $410,000. This makes Chenango Forks a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Chenango Forks?

20% Down Payment
$41,158
on $205,789
Monthly P&I
$1,073/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,363/mo
incl. taxes & insurance
Income Needed
$54,520
gross annual (30% rule)
10% Down Option
$20,579
+ PMI applies
Loan Amount (20% dn)
$164,631
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 Chenango Forks, NY?
The median home value in Chenango Forks is $205,789 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.9% year-over-year.
How much have home prices changed in Chenango Forks?
Over the past year, home values in Chenango Forks have increased by 6.9%.
How much do I need to earn to buy a home in Chenango Forks?
To comfortably afford the median home price of $205,789 with a 20% down payment ($41,158) at today's rates (6.8%), you'd need a gross annual income of approximately $54,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Chenango Forks compare to the national average home price?
The national median home value is approximately $410,000. At $205,789, homes in Chenango Forks are 50% below the national average.
What metro area is Chenango Forks part of?
Chenango Forks is part of the Binghamton, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.