Market Overview
Home Prices in Montour Falls, NY
The median home value in Montour Falls, NY is $216,936 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Montour Falls are priced47% below average.
Over the past five years, Montour Falls home values have risen by approximately23.4%, reflecting strong long-term appreciation in this market.
Price History
Montour Falls Home Price Trend
2020
$150,817
$151K
—
2021
$175,842
$176K
+16.6%
2022
$196,320
$196K
+11.6%
2023
$199,510
$200K
+1.6%
2024
$211,385
$211K
+6.0%
2025
$213,467
$213K
+1.0%
2026
$216,936
$217K
+1.6%
City Comparison
Montour Falls vs. National Median
🏠 Montour Falls
$216,936
National Median
$410,000
At $216,936, homes in Montour Falls cost 47% below the national median of $410,000. This makes Montour Falls a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Montour Falls?
20% Down Payment
$43,387
on $216,936
Monthly P&I
$1,131/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,436/mo
incl. taxes & insurance
Income Needed
$57,440
gross annual (30% rule)
10% Down Option
$21,694
+ PMI applies
Loan Amount (20% dn)
$173,549
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 Montour Falls, NY?
The median home value in Montour Falls is $216,936 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Montour Falls?
Over the past year, home values in Montour Falls have increased by 1.6%. Over five years, prices have risen approximately 23.4%.
How much do I need to earn to buy a home in Montour Falls?
To comfortably afford the median home price of $216,936 with a 20% down payment ($43,387) at today's rates (6.8%), you'd need a gross annual income of approximately $57,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Montour Falls compare to the national average home price?
The national median home value is approximately $410,000. At $216,936, homes in Montour Falls are 47% below the national average.