Market Overview
Home Prices in Frewsburg, NY
The median home value in Frewsburg, NY is $184,670 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.3% compared to a year ago and up 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Frewsburg are priced55% below average. Frewsburg is part of the Olean, NY metro area.
Over the past five years, Frewsburg home values have risen by approximately40.8%, reflecting strong long-term appreciation in this market.
Price History
Frewsburg Home Price Trend
City Comparison
Frewsburg vs. National Median
At $184,670, homes in Frewsburg cost 55% below the national median of $410,000. This makes Frewsburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Frewsburg?
20% Down Payment
$36,934
on $184,670
Monthly P&I
$963/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,223/mo
incl. taxes & insurance
Income Needed
$48,920
gross annual (30% rule)
10% Down Option
$18,467
+ PMI applies
Loan Amount (20% dn)
$147,736
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 Frewsburg, NY?
The median home value in Frewsburg is $184,670 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.3% year-over-year.
How much have home prices changed in Frewsburg?
Over the past year, home values in Frewsburg have increased by 6.3%. Over five years, prices have risen approximately 40.8%.
How much do I need to earn to buy a home in Frewsburg?
To comfortably afford the median home price of $184,670 with a 20% down payment ($36,934) at today's rates (6.8%), you'd need a gross annual income of approximately $48,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Frewsburg compare to the national average home price?
The national median home value is approximately $410,000. At $184,670, homes in Frewsburg are 55% below the national average.
What metro area is Frewsburg part of?
Frewsburg is part of the Olean, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.