Market Overview
Home Prices in Falconer, NY
The median home value in Falconer, NY is $140,181 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 9.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Falconer are priced66% below average. Falconer is part of the Jamestown-Dunkirk-Fredonia, NY metro area.
Over the past five years, Falconer home values have risen by approximately44.1%, reflecting strong long-term appreciation in this market.
Price History
Falconer Home Price Trend
City Comparison
Falconer vs. National Median
At $140,181, homes in Falconer cost 66% below the national median of $410,000. This makes Falconer a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Falconer?
20% Down Payment
$28,036
on $140,181
Monthly P&I
$731/mo
30-yr @ 6.8%
Total Monthly Est.
~$928/mo
incl. taxes & insurance
Income Needed
$37,120
gross annual (30% rule)
10% Down Option
$14,018
+ PMI applies
Loan Amount (20% dn)
$112,145
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 Falconer, NY?
The median home value in Falconer is $140,181 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Falconer?
Over the past year, home values in Falconer have increased by 4.5%. Over five years, prices have risen approximately 44.1%.
How much do I need to earn to buy a home in Falconer?
To comfortably afford the median home price of $140,181 with a 20% down payment ($28,036) at today's rates (6.8%), you'd need a gross annual income of approximately $37,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Falconer compare to the national average home price?
The national median home value is approximately $410,000. At $140,181, homes in Falconer are 66% below the national average.
What metro area is Falconer part of?
Falconer is part of the Jamestown-Dunkirk-Fredonia, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.