Market Overview
Home Prices in Highland Falls, NY
The median home value in Highland Falls, NY is $430,979 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.3% compared to a year ago and up 5.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Highland Falls are priced5% above average. Highland Falls is part of the Poughkeepsie-Newburgh-Middletown, NY metro area.
Over the past five years, Highland Falls home values have risen by approximately38.8%, reflecting strong long-term appreciation in this market.
Price History
Highland Falls Home Price Trend
City Comparison
Highland Falls vs. National Median
At $430,979, homes in Highland Falls cost 5% above the national median of $410,000. Buyers in Highland Falls should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Highland Falls?
20% Down Payment
$86,196
on $430,979
Monthly P&I
$2,248/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,855/mo
incl. taxes & insurance
Income Needed
$114,200
gross annual (30% rule)
10% Down Option
$43,098
+ PMI applies
Loan Amount (20% dn)
$344,783
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 Highland Falls, NY?
The median home value in Highland Falls is $430,979 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.3% year-over-year.
How much have home prices changed in Highland Falls?
Over the past year, home values in Highland Falls have increased by 1.3%. Over five years, prices have risen approximately 38.8%.
How much do I need to earn to buy a home in Highland Falls?
To comfortably afford the median home price of $430,979 with a 20% down payment ($86,196) at today's rates (6.8%), you'd need a gross annual income of approximately $114,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Highland Falls compare to the national average home price?
The national median home value is approximately $410,000. At $430,979, homes in Highland Falls are 5% above the national average.
What metro area is Highland Falls part of?
Highland Falls is part of the Poughkeepsie-Newburgh-Middletown, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.