Market Overview
Home Prices in Savona, NY
The median home value in Savona, NY is $162,893 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.9% compared to a year ago and down 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Savona are priced60% below average. Savona is part of the Corning, NY metro area.
Over the past five years, Savona home values have risen by approximately22.5%, reflecting strong long-term appreciation in this market.
Price History
Savona Home Price Trend
City Comparison
Savona vs. National Median
At $162,893, homes in Savona cost 60% below the national median of $410,000. This makes Savona a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Savona?
20% Down Payment
$32,579
on $162,893
Monthly P&I
$850/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,080/mo
incl. taxes & insurance
Income Needed
$43,200
gross annual (30% rule)
10% Down Option
$16,289
+ PMI applies
Loan Amount (20% dn)
$130,314
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 Savona, NY?
The median home value in Savona is $162,893 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.9% year-over-year.
How much have home prices changed in Savona?
Over the past year, home values in Savona have increased by 6.9%. Over five years, prices have risen approximately 22.5%.
How much do I need to earn to buy a home in Savona?
To comfortably afford the median home price of $162,893 with a 20% down payment ($32,579) at today's rates (6.8%), you'd need a gross annual income of approximately $43,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Savona compare to the national average home price?
The national median home value is approximately $410,000. At $162,893, homes in Savona are 60% below the national average.
What metro area is Savona part of?
Savona is part of the Corning, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.