Market Overview
Home Prices in Tomkins Cove, NY
The median home value in Tomkins Cove, NY is $691,611 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tomkins Cove are priced69% above average. Tomkins Cove is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Price History
Tomkins Cove Home Price Trend
2024
$651,822
$652K
—
2025
$673,524
$674K
+3.3%
2026
$691,611
$692K
+2.7%
City Comparison
Tomkins Cove vs. National Median
🏠 Tomkins Cove
$691,611
National Median
$410,000
At $691,611, homes in Tomkins Cove cost 69% above the national median of $410,000. Buyers in Tomkins Cove should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Tomkins Cove?
20% Down Payment
$138,322
on $691,611
Monthly P&I
$3,607/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,581/mo
incl. taxes & insurance
Income Needed
$183,240
gross annual (30% rule)
10% Down Option
$69,161
+ PMI applies
Loan Amount (20% dn)
$553,289
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 Tomkins Cove, NY?
The median home value in Tomkins Cove is $691,611 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in Tomkins Cove?
Over the past year, home values in Tomkins Cove have increased by 2.7%.
How much do I need to earn to buy a home in Tomkins Cove?
To comfortably afford the median home price of $691,611 with a 20% down payment ($138,322) at today's rates (6.8%), you'd need a gross annual income of approximately $183,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Tomkins Cove compare to the national average home price?
The national median home value is approximately $410,000. At $691,611, homes in Tomkins Cove are 69% above the national average.
What metro area is Tomkins Cove part of?
Tomkins Cove 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.