Market Overview
Home Prices in Monsey, NY
The median home value in Monsey, NY is $1,234,761 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.2% compared to a year ago and up 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Monsey are priced201% above average. Monsey is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Monsey home values have risen by approximately53.5%, reflecting strong long-term appreciation in this market.
Price History
Monsey Home Price Trend
City Comparison
Monsey vs. National Median
At $1,234,761, homes in Monsey cost 201% above the national median of $410,000. Buyers in Monsey should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Monsey?
20% Down Payment
$246,952
on $1,234,761
Monthly P&I
$6,440/mo
30-yr @ 6.8%
Total Monthly Est.
~$8,179/mo
incl. taxes & insurance
Income Needed
$327,160
gross annual (30% rule)
10% Down Option
$123,476
+ PMI applies
Loan Amount (20% dn)
$987,809
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 Monsey, NY?
The median home value in Monsey is $1,234,761 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.2% year-over-year.
How much have home prices changed in Monsey?
Over the past year, home values in Monsey have decreased by 0.2%. Over five years, prices have risen approximately 53.5%.
How much do I need to earn to buy a home in Monsey?
To comfortably afford the median home price of $1,234,761 with a 20% down payment ($246,952) at today's rates (6.8%), you'd need a gross annual income of approximately $327,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Monsey compare to the national average home price?
The national median home value is approximately $410,000. At $1,234,761, homes in Monsey are 201% above the national average.
What metro area is Monsey part of?
Monsey 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.