Market Overview
Home Prices in Trumansburg, NY
The median home value in Trumansburg, NY is $348,766 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.9% compared to a year ago and up 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Trumansburg are priced15% below average. Trumansburg is part of the Ithaca, NY metro area.
Over the past five years, Trumansburg home values have risen by approximately38.5%, reflecting strong long-term appreciation in this market.
Price History
Trumansburg Home Price Trend
City Comparison
Trumansburg vs. National Median
At $348,766, homes in Trumansburg cost 15% below the national median of $410,000. This makes Trumansburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Trumansburg?
20% Down Payment
$69,753
on $348,766
Monthly P&I
$1,819/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,310/mo
incl. taxes & insurance
Income Needed
$92,400
gross annual (30% rule)
10% Down Option
$34,877
+ PMI applies
Loan Amount (20% dn)
$279,013
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 Trumansburg, NY?
The median home value in Trumansburg is $348,766 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.9% year-over-year.
How much have home prices changed in Trumansburg?
Over the past year, home values in Trumansburg have increased by 5.9%. Over five years, prices have risen approximately 38.5%.
How much do I need to earn to buy a home in Trumansburg?
To comfortably afford the median home price of $348,766 with a 20% down payment ($69,753) at today's rates (6.8%), you'd need a gross annual income of approximately $92,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Trumansburg compare to the national average home price?
The national median home value is approximately $410,000. At $348,766, homes in Trumansburg are 15% below the national average.
What metro area is Trumansburg part of?
Trumansburg is part of the Ithaca, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.