Market Overview
Home Prices in Shrub Oak, NY
The median home value in Shrub Oak, NY is $624,644 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.9% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Shrub Oak are priced52% above average. Shrub Oak is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Shrub Oak home values have risen by approximately21.7%, reflecting strong long-term appreciation in this market.
Price History
Shrub Oak Home Price Trend
City Comparison
Shrub Oak vs. National Median
At $624,644, homes in Shrub Oak cost 52% above the national median of $410,000. Buyers in Shrub Oak should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Shrub Oak?
20% Down Payment
$124,929
on $624,644
Monthly P&I
$3,258/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,138/mo
incl. taxes & insurance
Income Needed
$165,520
gross annual (30% rule)
10% Down Option
$62,464
+ PMI applies
Loan Amount (20% dn)
$499,715
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 Shrub Oak, NY?
The median home value in Shrub Oak is $624,644 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.9% year-over-year.
How much have home prices changed in Shrub Oak?
Over the past year, home values in Shrub Oak have increased by 2.9%. Over five years, prices have risen approximately 21.7%.
How much do I need to earn to buy a home in Shrub Oak?
To comfortably afford the median home price of $624,644 with a 20% down payment ($124,929) at today's rates (6.8%), you'd need a gross annual income of approximately $165,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Shrub Oak compare to the national average home price?
The national median home value is approximately $410,000. At $624,644, homes in Shrub Oak are 52% above the national average.
What metro area is Shrub Oak part of?
Shrub Oak 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.