Market Overview
Home Prices in Great River, NY
The median home value in Great River, NY is $1,103,976 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 19.7% compared to a year ago and up 12.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Great River are priced169% above average. Great River is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Great River home values have risen by approximately52.0%, reflecting strong long-term appreciation in this market.
Price History
Great River Home Price Trend
City Comparison
Great River vs. National Median
At $1,103,976, homes in Great River cost 169% above the national median of $410,000. Buyers in Great River should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Great River?
20% Down Payment
$220,795
on $1,103,976
Monthly P&I
$5,758/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,313/mo
incl. taxes & insurance
Income Needed
$292,520
gross annual (30% rule)
10% Down Option
$110,398
+ PMI applies
Loan Amount (20% dn)
$883,181
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 Great River, NY?
The median home value in Great River is $1,103,976 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 19.7% year-over-year.
How much have home prices changed in Great River?
Over the past year, home values in Great River have increased by 19.7%. Over five years, prices have risen approximately 52.0%.
How much do I need to earn to buy a home in Great River?
To comfortably afford the median home price of $1,103,976 with a 20% down payment ($220,795) at today's rates (6.8%), you'd need a gross annual income of approximately $292,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Great River compare to the national average home price?
The national median home value is approximately $410,000. At $1,103,976, homes in Great River are 169% above the national average.
What metro area is Great River part of?
Great River 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.