Market Overview
Home Prices in Scotia, NY
The median home value in Scotia, NY is $263,381 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.9% compared to a year ago and up 3.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Scotia are priced36% below average. Scotia is part of the Albany-Schenectady-Troy, NY metro area.
Over the past five years, Scotia home values have risen by approximately32.7%, reflecting strong long-term appreciation in this market.
Price History
Scotia Home Price Trend
City Comparison
Scotia vs. National Median
At $263,381, homes in Scotia cost 36% below the national median of $410,000. This makes Scotia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Scotia?
20% Down Payment
$52,676
on $263,381
Monthly P&I
$1,374/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,745/mo
incl. taxes & insurance
Income Needed
$69,800
gross annual (30% rule)
10% Down Option
$26,338
+ PMI applies
Loan Amount (20% dn)
$210,705
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 Scotia, NY?
The median home value in Scotia is $263,381 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.9% year-over-year.
How much have home prices changed in Scotia?
Over the past year, home values in Scotia have increased by 3.9%. Over five years, prices have risen approximately 32.7%.
How much do I need to earn to buy a home in Scotia?
To comfortably afford the median home price of $263,381 with a 20% down payment ($52,676) at today's rates (6.8%), you'd need a gross annual income of approximately $69,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Scotia compare to the national average home price?
The national median home value is approximately $410,000. At $263,381, homes in Scotia are 36% below the national average.
What metro area is Scotia part of?
Scotia is part of the Albany-Schenectady-Troy, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.