Market Overview
Home Prices in Garden City South, NY
The median home value in Garden City South, NY is $874,154 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 6.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Garden City South are priced113% above average. Garden City South is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Garden City South home values have risen by approximately29.1%, reflecting strong long-term appreciation in this market.
Price History
Garden City South Home Price Trend
City Comparison
Garden City South vs. National Median
At $874,154, homes in Garden City South cost 113% above the national median of $410,000. Buyers in Garden City South should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Garden City South?
20% Down Payment
$174,831
on $874,154
Monthly P&I
$4,559/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,790/mo
incl. taxes & insurance
Income Needed
$231,600
gross annual (30% rule)
10% Down Option
$87,415
+ PMI applies
Loan Amount (20% dn)
$699,323
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 Garden City South, NY?
The median home value in Garden City South is $874,154 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Garden City South?
Over the past year, home values in Garden City South have increased by 5%. Over five years, prices have risen approximately 29.1%.
How much do I need to earn to buy a home in Garden City South?
To comfortably afford the median home price of $874,154 with a 20% down payment ($174,831) at today's rates (6.8%), you'd need a gross annual income of approximately $231,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Garden City South compare to the national average home price?
The national median home value is approximately $410,000. At $874,154, homes in Garden City South are 113% above the national average.
What metro area is Garden City South part of?
Garden City South is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.