Market Overview
Home Prices in Muttontown, NY
The median home value in Muttontown, NY is $2,414,936 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10% compared to a year ago and up 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Muttontown are priced489% above average. Muttontown is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Muttontown home values have risen by approximately40.6%, reflecting strong long-term appreciation in this market.
Price History
Muttontown Home Price Trend
City Comparison
Muttontown vs. National Median
At $2,414,936, homes in Muttontown cost 489% above the national median of $410,000. Buyers in Muttontown should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Muttontown?
20% Down Payment
$482,987
on $2,414,936
Monthly P&I
$12,595/mo
30-yr @ 6.8%
Total Monthly Est.
~$15,996/mo
incl. taxes & insurance
Income Needed
$639,840
gross annual (30% rule)
10% Down Option
$241,494
+ PMI applies
Loan Amount (20% dn)
$1,931,949
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 Muttontown, NY?
The median home value in Muttontown is $2,414,936 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10% year-over-year.
How much have home prices changed in Muttontown?
Over the past year, home values in Muttontown have increased by 10%. Over five years, prices have risen approximately 40.6%.
How much do I need to earn to buy a home in Muttontown?
To comfortably afford the median home price of $2,414,936 with a 20% down payment ($482,987) at today's rates (6.8%), you'd need a gross annual income of approximately $639,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Muttontown compare to the national average home price?
The national median home value is approximately $410,000. At $2,414,936, homes in Muttontown are 489% above the national average.
What metro area is Muttontown part of?
Muttontown 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.