Market Overview
Home Prices in Katonah, NY
The median home value in Katonah, NY is $1,141,140 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.2% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Katonah are priced178% above average. Katonah is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Katonah home values have risen by approximately34.7%, reflecting strong long-term appreciation in this market.
Price History
Katonah Home Price Trend
City Comparison
Katonah vs. National Median
At $1,141,140, homes in Katonah cost 178% above the national median of $410,000. Buyers in Katonah should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Katonah?
20% Down Payment
$228,228
on $1,141,140
Monthly P&I
$5,952/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,559/mo
incl. taxes & insurance
Income Needed
$302,360
gross annual (30% rule)
10% Down Option
$114,114
+ PMI applies
Loan Amount (20% dn)
$912,912
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 Katonah, NY?
The median home value in Katonah is $1,141,140 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.2% year-over-year.
How much have home prices changed in Katonah?
Over the past year, home values in Katonah have increased by 8.2%. Over five years, prices have risen approximately 34.7%.
How much do I need to earn to buy a home in Katonah?
To comfortably afford the median home price of $1,141,140 with a 20% down payment ($228,228) at today's rates (6.8%), you'd need a gross annual income of approximately $302,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Katonah compare to the national average home price?
The national median home value is approximately $410,000. At $1,141,140, homes in Katonah are 178% above the national average.
What metro area is Katonah part of?
Katonah 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.