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📍 Mayfield, NY · Zillow ZHVI · July 2026

Average Home Price in
Mayfield, NY

Gloversville, NY metro area · Fulton County County

Median Home Value
$296,623
↑ 6.6% year-over-year
vs. National Median
$410,000
Mayfield is 28% below
Est. Monthly Payment
$1,547/mo
20% down · 6.8% rate
Income Needed
$79K
gross annual (30% rule)
Median Home Value
$296,623
↑ 6.6% year-over-year
Down Payment (20%)$59,325
Monthly P&I$1,547/mo
With Taxes & Ins.~$1,965/mo
Income Needed$78,600/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Mayfield, NY

The median home value in Mayfield, NY is $296,623 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.6% compared to a year ago and up 3.1% from two years prior.

Compared to the U.S. national median of $410,000, homes in Mayfield are priced28% below average. Mayfield is part of the Gloversville, NY metro area.

City Comparison

Mayfield vs. National Median

🏠 Mayfield
$296,623
National Median
$410,000

At $296,623, homes in Mayfield cost 28% below the national median of $410,000. This makes Mayfield a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Mayfield?

20% Down Payment
$59,325
on $296,623
Monthly P&I
$1,547/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,965/mo
incl. taxes & insurance
Income Needed
$78,600
gross annual (30% rule)
10% Down Option
$29,662
+ PMI applies
Loan Amount (20% dn)
$237,298
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 Mayfield, NY?
The median home value in Mayfield is $296,623 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.6% year-over-year.
How much have home prices changed in Mayfield?
Over the past year, home values in Mayfield have increased by 6.6%.
How much do I need to earn to buy a home in Mayfield?
To comfortably afford the median home price of $296,623 with a 20% down payment ($59,325) at today's rates (6.8%), you'd need a gross annual income of approximately $78,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Mayfield compare to the national average home price?
The national median home value is approximately $410,000. At $296,623, homes in Mayfield are 28% below the national average.
What metro area is Mayfield part of?
Mayfield is part of the Gloversville, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.