Market Overview
Home Prices in Philmont, NY
The median home value in Philmont, NY is $334,373 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and up 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Philmont are priced18% below average. Philmont is part of the Hudson, NY metro area.
Over the past five years, Philmont home values have risen by approximately41.7%, reflecting strong long-term appreciation in this market.
Price History
Philmont Home Price Trend
City Comparison
Philmont vs. National Median
At $334,373, homes in Philmont cost 18% below the national median of $410,000. This makes Philmont a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Philmont?
20% Down Payment
$66,875
on $334,373
Monthly P&I
$1,744/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,215/mo
incl. taxes & insurance
Income Needed
$88,600
gross annual (30% rule)
10% Down Option
$33,437
+ PMI applies
Loan Amount (20% dn)
$267,498
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 Philmont, NY?
The median home value in Philmont is $334,373 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.4% year-over-year.
How much have home prices changed in Philmont?
Over the past year, home values in Philmont have increased by 4.4%. Over five years, prices have risen approximately 41.7%.
How much do I need to earn to buy a home in Philmont?
To comfortably afford the median home price of $334,373 with a 20% down payment ($66,875) at today's rates (6.8%), you'd need a gross annual income of approximately $88,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Philmont compare to the national average home price?
The national median home value is approximately $410,000. At $334,373, homes in Philmont are 18% below the national average.
What metro area is Philmont part of?
Philmont is part of the Hudson, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.