Market Overview
Home Prices in Highland Mills, NY
The median home value in Highland Mills, NY is $545,216 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and up 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Highland Mills are priced33% above average. Highland Mills is part of the Poughkeepsie-Newburgh-Middletown, NY metro area.
Price History
Highland Mills Home Price Trend
2024
$508,015
$508K
—
2025
$530,314
$530K
+4.4%
2026
$545,216
$545K
+2.8%
City Comparison
Highland Mills vs. National Median
🏠 Highland Mills
$545,216
National Median
$410,000
At $545,216, homes in Highland Mills cost 33% above the national median of $410,000. Buyers in Highland Mills should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Highland Mills?
20% Down Payment
$109,043
on $545,216
Monthly P&I
$2,844/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,612/mo
incl. taxes & insurance
Income Needed
$144,480
gross annual (30% rule)
10% Down Option
$54,522
+ PMI applies
Loan Amount (20% dn)
$436,173
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 Mills, NY?
The median home value in Highland Mills is $545,216 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Highland Mills?
Over the past year, home values in Highland Mills have increased by 2.8%.
How much do I need to earn to buy a home in Highland Mills?
To comfortably afford the median home price of $545,216 with a 20% down payment ($109,043) at today's rates (6.8%), you'd need a gross annual income of approximately $144,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Highland Mills compare to the national average home price?
The national median home value is approximately $410,000. At $545,216, homes in Highland Mills are 33% above the national average.
What metro area is Highland Mills part of?
Highland Mills is part of the Poughkeepsie-Newburgh-Middletown, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.