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📍 Theresa, NY · Zillow ZHVI · July 2026

Average Home Price in
Theresa, NY

Watertown-Fort Drum, NY metro area · Jefferson County County

Median Home Value
$217,607
↑ 5.4% year-over-year
vs. National Median
$410,000
Theresa is 47% below
Est. Monthly Payment
$1,135/mo
20% down · 6.8% rate
Income Needed
$58K
gross annual (30% rule)
Median Home Value
$217,607
↑ 5.4% year-over-year
Down Payment (20%)$43,521
Monthly P&I$1,135/mo
With Taxes & Ins.~$1,441/mo
Income Needed$57,640/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Theresa, NY

The median home value in Theresa, NY is $217,607 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.4% compared to a year ago and up 1.4% from two years prior.

Compared to the U.S. national median of $410,000, homes in Theresa are priced47% below average. Theresa is part of the Watertown-Fort Drum, NY metro area.

City Comparison

Theresa vs. National Median

🏠 Theresa
$217,607
National Median
$410,000

At $217,607, homes in Theresa cost 47% below the national median of $410,000. This makes Theresa a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Theresa?

20% Down Payment
$43,521
on $217,607
Monthly P&I
$1,135/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,441/mo
incl. taxes & insurance
Income Needed
$57,640
gross annual (30% rule)
10% Down Option
$21,761
+ PMI applies
Loan Amount (20% dn)
$174,086
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 Theresa, NY?
The median home value in Theresa is $217,607 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.4% year-over-year.
How much have home prices changed in Theresa?
Over the past year, home values in Theresa have increased by 5.4%.
How much do I need to earn to buy a home in Theresa?
To comfortably afford the median home price of $217,607 with a 20% down payment ($43,521) at today's rates (6.8%), you'd need a gross annual income of approximately $57,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Theresa compare to the national average home price?
The national median home value is approximately $410,000. At $217,607, homes in Theresa are 47% below the national average.
What metro area is Theresa part of?
Theresa is part of the Watertown-Fort Drum, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.